Delaware to take over Prime Capital
A takeover offer by Delaware Resources Corp. (VSE) for Vancouver-based Prime Capital should put the continuing company firmly in the hands of Corona Corp. (TSE). Prime Capital chairman Murray Pezim co…
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Graphite play viable Stewart Lake says
A prefeasibility study for the Kirkham graphite deposit north of Kingston, Ont., has been completed, Stewart Lake Resources (TSE) says. The study, completed by Kilborn Ltd., a consulting engineering c…
Kenora Gold buys granite property
Kenora Gold Occurrences (ASE) has optioned a granite property, 50 km north of Kenora, Ont. The deposit is massive, well jointed and easily quarried, with good road access. The granite is described as …
Fairfield Expands Exploration Projects
Two new precious metal prospects were acquired in the Okanagan region of British Columbia by Fairfield Minerals (VSE). The company also has several properties in the area under option to Placer Dome (…
20% of Inspiration’s revenues hinge on $130-m. Flin Flon
Ethical investment funds do not hold shares in New York-based Inspiration Resources (TSE), which this week traded in Toronto at about $8. The reason: an indirect connection to two South African mining…
Greenstone drilling for Sullivan geology at McNeil
A drill program is under way on the McNeil property held equally by Greenstone Resources (TSE) and Dragoon Resources (VSE). Located in the Kootenay area of the province, the McNeil property has geolog…
Hemlo Gold makes $10 Million loan to Viceroy
The Castle Mountain property owned 100% by Viceroy Resource Corp. (TSE) is another step closer to becoming a new heap leach gold producer in California. A joint venture and credit agreement on the pro…
Obituaries John J. Crowhurst
John J. Crowhurst, one of Canada’s best known mining engineers died Aug 13 at the Delta Hospital in Ladner, B.C. at the age of 69. “Jack” was educated in Vancouver, graduating from the University of B…
Franco share price scuttles Corona deal
Toronto-based Franco-Nevada Mining (TSE) has become another victim of the market malaise that is currently affecting Canadian gold stocks. With its share price down to just below $7 on the Toronto Sto…
Highland Valley Copper to close Bethlehem concentrator
Highland Valley Copper plans to shut down the Bethlehem concentrator within two months of the planned May, 1989 start-up of the relocated Highmont mills at the expanded Lornex concentrator. The compan…
Teeshin agreements
Teeshin Resources (VSE) has entered into option agreements with three vendors for claims in the Dome and Sibola Mountain areas of British Columbia. The first deal gives Teeshin the right to earn a 50%…
Teck reserves up
Tundra Gold Mines (VSE) is preparing an offer to purchase the interest held by Teck Corp. (TSE) in the former producing Lamaque gold mine near Val d’Or, Que. The offer will also be for the 1,800-ton-p…