An aggressive exploration program is being planned by Cathedral Gold (TSE) and Pacific Sentinel Gold (VSE) to outline and test targets on mineral properties totalling 300,000 acres near Anchorage, Ala…
A preliminary exploration program is now in progress on the Red Cap polymetallic property in British Columbia’s Taku Valley, 40 miles east of Juneau, Alaska. The project will be operated by Internati…
LAC Minerals’ (TSE) new sweeter offer for the remaining shares of 64.7% owned Bond International Gold (TSE) it doesn’t already own was recently approved by directors of both companies. Under the offer…
Pacific Metals (ASE) has proposed a private placement of 1.4 million special warrants at a price of $1 to replace a previously announced common share placement. Each warrant will be exchangeable into…
The proposed merger of Galactic Resources (TSE) and Cornucopia Resources (TSE) into one company has been terminated. Galactic said the cancellation of the merger was “amicable” and will not affect the…
Operators at the Golden Rule prospect in Arizona have exposed the property’s main vein on the second level. Cochise Resources (ASE) says that although grade along the 270-ft. drift exposure is varia…
A review of trading activity for the first half of 1991 shows a distinct drop compared with the same period last year. Daily volume during the first half fell by more than 14%, with daily value decrea…
Newfoundland’s mining industry is beginning to look askance at the province’s drive to protect more Crown land from mineral and other forms of economic development. The industry is afraid the provinc…
A joint venture agreement has been signed with a subsidiary of RTZ of London covering the exploration and possible development of four mineral licence areas in Greenland, Platinova Resources (TSE) rep…
Drilling on the La Currita property near Chihuahua, Mexico, is returning good gold-silver intersections over wide widths. The La Currita property is leased to Kalahari Resources (VSE) which has the r…
Semi-monthly reports as of Jun 15, showed 24,245,977 shares of 564 issues compared with 22,603,148 shares of 583 issues on May 31. Larger individual positions included: Amer. Barrick 228,112; Aur Res….
Cumulative gold production from Canada’s 12 largest gold mines jumped almost 8% to 2.7 million oz. in 1990. Once again, Ontario’s Hemlo area gold mines took the spotlight, churning out over 1.3 mill…
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