1989



Gold funds as of August 29

MPV BGR Central Capital Net value $11.66 $ 5.87 $0.57 Price $ 9.75 $ 5.88 $0.34 Discount 16.38% 0.1% 40.3% Value $69,422,250 $98,795,506 N/A…



Goldteck says drilling extends Nevada deposit

Encouraging drilling results from the Belleview gold property in Nevada have been reported by Goldteck Mines (TSE). The company says the results indicate the deposit extends a considerable distance to…


Palomar exploring Doyon mineral lands

With control of over 17 million acres of land covering a portion of Alaska roughly the size of France, Doyon Limited, an Alaskan native regional corporation, is unquestionably the largest single holde…


FINANCING (September 04, 1989)

American Billion Minerals — 500,000 sold for gross $225,000. Ber Res — 300,000 com & 300,000 flow- through offered @ 40 cents per sh. Intertech Minerals — 800,000 sold for gross $280,000. Huntingto…


Rogi options Aur property

Recently reaching agreement with Aur Resources (TSE) to earn up to a 45% interest in Aur’s 9-claim Lourmet property in Louvicourt Twp. near Val d’Or, Que., was Exploration Rogi (ME). The copper-zinc-s…


Aur calls bailiff to seize shares pending lawsuit

A cloak and dagger style raid on St. Genevieve Resources’ (TSE) Montreal offices is the latest event in a continuing dispute between St. Genevieve and Toronto-based Aur Resources (TSE). On Aug 23, bai…


Malartic completes Congress purchase

Acquisition of the Congress gold mine near Wickenburg, Ariz., by Malartic Hygrade Gold Mines (Canada) (VSE) from Echo Bay Mines (TSE) has been completed, Malartic reports. The sale of the mine for sha…


Cominco drilling Calnor gold bet

A surface diamond drill program by Cominco Ltd. (TSE) has started on the Spectrum gold property located in the Liard Mining Division in northwestern British Columbia. Cominco has an option to earn a 6…


Bitech to go underground at Nugget Pond property

After outlining a small but high- grade gold deposit on its Nugget Pond property in northern Newfoundland, Bitech Corp (ASE) is set to launch an underground exploration program this fall. Although it …


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