1989


Mining industry springs to defence of VSE

The mining industry has rushed to the defence of The Vancouver Stock Exchange and its role of providing risk capital for mineral exploration. Through advertisements appearing in local and national pub…


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In the Yukon, the troubled Ketza River gold mine at Ross River is at the centre of a legal dispute between Canamax Resources (TSE) and Belmoral Mines (TSE). Canamax is suing Belmoral for breach of con…



Hislop gold project encourages Stroud

Deep drilling by partners Stroud Resources (TSE) and Chevron Minerals on the former Gunnar Gold Mines property in Hislop Twp., Ont., has led to a new geological reserve estimate for the Creek zone. St…



Moneta acquires land

Moneta Porcupine Mines (TSE) has acquired a 100% interest in 20 patented claims in Tisdale and Deloro twps., near Timmins, Ont. The claims, which were purchased for shares, are adjacent to claims held…


Cathedral Gold earnings reduced

A substantial drop in gold production at the 52%-owned Stirling mine in Nevada brought about reduced revenues and operating income for Cathedral Gold Corp. (TSE) during its 1989 first quarter. The com…


INSIDER TRADES (June 19, 1989)

Audrey — Northgate Expl bought 500,000 (May, private) @ $3.75. to hold 3,300,500. Bachelor Lake — Que Sturgeon bought 30,00 (May) to hold 1,030,000. Battle Mountain — T Pate sold 24,875 (May) @ $13…


OSC to consider Comaplex issue at June hearing

The Ontario Securities Commission has scheduled a hearing for June 23, to consider whether shares of Comaplex Resources not held by a Swiss bank and two Liberian investment firms should be allowed to …



Coral shows potential of the U.S.

Canadian juniors generally have been more successful developing mines in the United States than they have in their own country. The main attraction, of course, is Nevada where heap leach technology ha…


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