Gibraltar revises production forecast
The recent annual meeting of Gibraltar Mines (TSE) revealed a pleasant surprise for shareholders anticipating a reduction in throughput at the company’s copper mining operation near Williams Lake, B.C…
1990
New president named for Dickenson, Wharf
A new president has been named for Dickenson Mines (TSE) and associated company Wharf Resources (TSE) in the wake of John Kachmar’s resignation and the removal of a number of directors. Kachmar, 53, w…
Lithium shares quadruple on Oxford Lake drilling results
Based on recent drilling results from Noranda’s (TSE) Oxford Lake properties in Manitoba, the Rusty gold zone discovered last year appears to be continuing downdip. Narrow zones of mineralization, inc…
U.S. Report Cyprus options Noble Peak’s Crypto zinc deposit in Utah
The Crypto zinc deposit in Utah will undergo further exploration and development as the result of an agreement between Noble Peak Resources (ASE) and Cyprus Metals Exploration, a unit of Cyprus Minera…
Books in Review Guiding foreign investors in Nevada
Trade and Investment in Nevada: Legal Considerations for International Businesses is a guide for businesses and investors worldwide. The focus is on legal issues under U.S. federal law and Nevada stat…
COATS (over-the-counter) Lithium leaps forward
Taking another giant leap, shares of Lithium closed at 90 cents on a volume of 862,400 for the week ended April 17, up 33 cents from last week’s close. Lithium is earning a 50% interest in the Oxford …
Editorial – The Orphan Industry
Junior mining is the industry nobody seems to want. Regulators are escalating efforts to push junior companies to the periphery of the mining game, governments are squeezing the industry by taxing any…
Kachmar resigns Dickenson post
The president of Dickenson Mines (TSE), John Kachmar, resigned his position at the company annual meeting. Kachmar, who had been with the company for nine years, including the past four years as presi…
Eastern to drill gold anomalies on Shamrock
Having received favorable indications from overburden testing on its Shamrock gold property in Newfoundland, Eastern Goldfields (COATS) plans to engage in a program of drilling and trenching this summ…
Skyline still struggling at Johnny Mountain mine
Despite substantial increases in throughput and gold recoveries, Skyline Gold (TSE) has yet to achieve commercial production at its wholly owned Johnny Mountain gold mine in the Iskut River district o…
Esperanza changes name
As the result of a name change and a share consolidation, Esperanza Explorations has become Columbia Gold Mines (VSE). With a share consolidation of one new for three old, the company has about 4.4 mi…
FINANCING (April 16, 1990)
A-X Metals — 900,000 offered @ 55 cents per sh. Sarabat Gold — min 500,000 offered @ 50 cents per sh. Covenant Res — min 500,000 offered @ 45 cents per sh. Trades reported by QSC…