Intex, Gowest drill gold zone
Drilling by New Texmont Explorations (ASE) on a property held by Gowest Amalgamated Resources (ASE) has encountered the down dip extension of the gold bearing Frankfield zone. Located in Tully Twp., n…
1989
Alberta Stock Exchange (February 13, 1989)
An exploration project at Bitech Energy Resources’ Nugget Pond property in Newfoundland continues to intrigue investors. Large volumes of the Bitech issue have been changing hands while the company re…
Troymin drilling La Ronge claims
A 2,000-m diamond drilling program is currently under way on the La Ronge area gold properties of Alberta-based junior Troymin Resources (ASE). On the Berven Lake property (CBS 7423), where Cameco is …
Drill programs planned for NWT bets
Large scale drill programs are being planned by Continental Pacific Resources (VSE) to test two targets in the Northwest Territories for their large tonnage, polymetallic and precious metal potential….
Moss Lake drilling highlights West zone
Results from three of eight holes drilled on the Moss Lake project in northwestern Ontario are “proving up an area where there were no values before,” says Storimin Exploration (ASE) President, A. E. …
Bissett mine sale revised
By mutual agreement, Cassiar Mining Corp. (TSE) and Rea Gold Corp. (TSE) have agreed to revise the terms of a letter of intent that will result in the sale of the Bissett gold mine and mill located at…
Montreal Exchange Market races on
The market continued to gather strength this past week, although the resources sector seemed to lose some of its steam in a mixed-trading performance; the mining and minerals index closed up 13.5 pts….
Biron Bay deal
Biron Bay Resources (ASE) has entered into an agreement with NovaGold Resources (TSE) which will give the company the right to acquire an interest in NovaGold’s Summit gold property in New Mexico. The…
Card Lake to drill
A diamond drilling program is set to start this month on Card Lake Resources’ (COATS) Tumpline Lake polymetallic property. Located 90 km northeast of Yellowknife, N.W.T., the Tumpline claims are held …
Drilling resumes at Mishi Lake gold project
Diamond drilling has resumed on the Mishi joint venture property owned by partners MacMillan Gold Corp (VSE) and Granges Exploration (TSE). The 22,500-acre gold property is located in the Mishibishu L…
Vancouver Stock Exchange Gold’s slump doesn’t slow trading
It has been said the two main things (outside of good promotion) that drive the Vancouver market are good drill results and healthy metal prices, particularly gold. Although the yellow metal is still …
Enthusiasm for Int. Viking sparked by magic of Pezim
The appearance of International Viking Resources on the Alberta Stock Exchange was greeted recently with a degree of enthusiasm not usually afforded to a new Alberta listing. But it was the man behind…