Deak hits massive sulphides
rilling by Deak Resources (TSE) on the company’s Magusi base metal property in northern Quebec has cut 62 ft. of massive sulphide mineralization 325 ft. up dip from the discovery hole drilled in Febru…
News
Fraud charges laid in Perilya scandal
Three Australian prospectors have been charged with fraud after they persuaded Noranda (TSE) to buy a stake in a salted gold prospect near Karpa Spring in Western Australia. The three men were charged…
NEWS IN BRIEF Canadian Arrow Mines Ltd. (CGR:TSE) has changed its
The trough of a recession may not be the best time to reflect on what difficult measures are reMDNMquired to strengthen our economy, but tough times demand tough decisions. Efforts to reduce the MDSOM…
Underground at Grevet project `almost’ certain
Results from one of two studies to be released from the project of VSM Exploration (TSE) and Serem-Quebec at Grevet Twp. make underground exploration and future development almost inevitable, says VSM…
Pezim juniors await financing
Murray Pezim’s new flagship, Prime Equities (VSE), and a host of juniors under its corporate umbrella are expecting to announce details of an agreement with a major mining company for the provision of…
Placer Dome gold production tops 1.4 million oz.
Contributions from two new gold mines helped boost Placer Dome’s (TSE) share of gold production to just over 1.4 million oz. in 1990, from 1.18 million oz. produced in 1989 (net of minority interests)…
Rea Gold bids for QPX
A formal offer will be mailed shortly to Canadian shareholders of QPX Minerals (TSE) providing more details of a recent offer by Rea Gold (TSE) to acquire all their QPX shares in exchange for common s…
Juniors follow Freewest Res. into Benoit Twp. gold
Shares of at least 10 junior companies with claims in the Benoit Twp. area of northern Quebec have posted gains since Freewest Resources (TSE) reported an intersection of 162.5 ft. grading 0.15 oz. go…
EDITORIAL A new world order?
A new world order? Well, anyone who thinks the U.S. will be leading us to a new millennium of peace and harmony is going to be disappointed. In the wake of the United Nations successful expulsion of I…
Startup planned for SB project
The two partners in the SB gold-silver project northwest of Stewart, B.C., say they will proceed to production with the property, subject to regulatory approval. Westmin Resources (TSE) is earning a 5…
Alberta Stock Exchange Gold Hawk active
Shares of Consolidated Gold Hawk jumped 10 cents to close at 70 cents on volume of 92,200 shares during the week ended Feb. 26. The company is one of several juniors to benefit from a recent gold find…
Insider Trading Batista holds 13% of TVX Gold shares
Toronto-based TVX Gold (TSE), the product of an amalgamation involving Consolidated TVX Mining and the wholly owned gold producing subsidiary of nickel miner Inco (TSE), is owned 62% by Inco. But as i…