1989


5.8 million tons indicated Tulsequah ups reserves

An updated geological reserve estimate was released by junior partner Redfern Resources (VSE) for the Tulsequah Chief massive sulphide project in northwestern British Columbia. The new calculations in…


Goldpost, Mining Corp. finalize Hislop sale

An agreement has been finalized between Goldpost Resources (TSE) and Mining Corp. of Canada for the sale of Goldpost’s Hislop West gold property in northern Ontario. Situated east of Timmins in Hislop…



Calpine releases results of Eskay stepout drilling

Assay results were released by Calpine Resources (VSE) for 12 step-out holes completed on the 21 zone discovery at the Eskay Creek property north of Stewart, B.C. Calpine owns 50% and is operator whil…


Placer Dome gold sales up 42%

Excluding non-recurring gains, Placer Dome (TSE) reported consolidated net earnings of $90.3 million or 38 cents per share on revenues of $711.6 million for the first nine months of 1989. This compar…


Neptune, ABM merger plan gets go ahead from court

Ontario Supreme Court recently approved the proposed merger of Neptune Resources (TSE) with three other companies into a single entity controlled by Toronto-based ABM Gold (AMEX). The decision came ju…


Bitech exploring Rogues Harbour bet

Toronto-based Bitech Corp. (TSE) has reported preliminary assay results from reconnaissance sampling on its Rogues Harbour property in the Betts Cove area of Newfoundland. Bitech says it has encounter…


Gold funds as of Nov 28

MVP BGR Central Capital Net value$12.40 $6.54 $0.53 Price$11.50 $6.62 $0.39 Discount 7.26% 1.3% 26.5% Value$73,840,638 $110,148,302 N/A…


Calpine shareholders group appeals to regulators

A fairness opinion for the proposed merger between Prime Resources (VSE) and Calpine Resources (VSE) has raised the ire of a group of Calpine minority shareholders. Speaking for the Calpine minority s…


QME trying to raise flow-through funds

Partnership funds may have peaked in 1987 and 1988, but a Montreal-based fund thinks there is still significant business to be had in the junior mining sector, especially in Quebec. The QME (1989) Min…


Montreal Exchange Quiet trading pattern

Investors appeared to take a break to plan their strategy, and possibly take some profits, for the week ended Nov 28. Both the general market portfolio index and the mining and minerals index closed d…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close