1988


Battle Mountain to drill Australian gold property

Drilling is scheduled to begin this month at Battle Mountain Gold’s (TSE) Fullstop property in Queensland, Australia. The company has the right to earn a 51% interest in the 105 sq m property for an e…


Shaft deepening contemplated at Bachelor Lake

Bachelor Lake Gold Mines (TSE) is contemplating a shaft deepening program to open up a 12th level at the Desmaraisville mine operation in Quebec. Hampered by a high dilution factor, the Bachelor Lake …


Fischer-Watt drills Delamar property

A 5,000-ft exploratory drilling program has been completed by Fischer-Watt Gold Company on its Delamar property in Lincoln Cty., Nev. The company controls 144 claims in the district with six identifie…


Montreal Exchange Douay results pleasing

A falling gold price (near US$400 per oz at this afternoon’s London fix) might turn off some investors, but in Montreal this past week metals issues showed a small gain — the mining and minerals inde…




Imperial finds diversification a mixed blessing

Like a good many companies with a broadly diversified asset base, Imperial Metals (TSE) has found that diversity is indeed a two edged sword. President Pierre Lebel told shareholders during the recent…


Montreal Exchang Two mine openings

The stock market news doesn’t seem to get any better as the summer nears an end. The Montreal Exchange experienced a downturn this past week with both the general market portfolio index and the mining…


For Sale sign not up at Westmin

The “For Sale” sign is not out at Westmin Resources (TSE) according to a senior executive with the company. But R.H. Ostrosser, executive vice president at Westmin, told The Northern Miner that Norand…


Atlanta Gold Drilling Increases Reserves

The 1988 drilling program has significantly increased proven reserves on the Atlanta project in Idaho, says Atlanta Gold Corp. (VSE), which is curmine. The company can acquire 100% control (subject to…


Investment Comment QPX has Placer Dome’s backing

Finding a listed company that offers a combination of potential for capital gains associated with penny mining stocks and blue-chip credibility isn’t easy. Some might say it’s impossible. Other invest…


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