IOCC GOLD OPTIONS (November 26, 1990)
Options Open Series Volume Last Interest Feb. 370 C 210 22.50 305 Feb. 380 C 237 17.50 761 Feb. 400 C 163 7.70 1,119 Feb. 410 C 252 5.50 1,844 Feb. 420 C 321 4.00 1,916 Feb. 430 C 140 3.00 569 Feb. 46…
News
B.C. mining week
British Columbia will hold its third annual mining week during the last week of February in Vancouver’s Pan-Pacific Hotel. Events include a careers fair, an award luncheon, a mine safety banquet and t…
Malartic cuts good holes at Orion mine
Toronto-based Malartic Hygrade Gold Mines (VSE) says better than expected drill results have been encountered during recent delineation drilling on its 60% owned Orion property near Val d’Or, Que. The…
EDITORIAL Exploration gets cut first
Near the bottom of every business cycle major mining companies suddenly realize they’re going to lose money unless metal prices go up or operating costs go down. They can’t control metal prices, but t…
Goldteck drills Chile placer bet
A drilling program is under way on Goldteck Mines’ (TSE) placer concessions in southern Chile where two rigs have completed 50 holes in this year’s US$250,000 program. Goldteck says its initial effort…
Greenstone, Boliden drilling Panama bet
A 128,000-ft. drilling program has started on the Santa Rosa gold property of Greenstone Resources (TSE) and Boliden International in central Panama. The joint venture is held 51% by Boliden and 49% b…
Stratmin, Cal Graphite first of new graphite producers
With limited production to its name and a sporadic history over 150 years, Canadian graphite is at last finding its feet. All the new production capacity is based in the Grenville geological province …
Durvada vends Nevada property
An agreement has been signed between Durvada Resources (ASE) and Crimson Star (VSE) to develop Durvada’s gold heap leach property in southwestern Nevada. Crimson Star can earn a 50% interest in the Ye…
Chile considers flow-through plan
A recent Canadian government report says at least six countries in South and Central America are making serious efforts to attract additional mineral exploration. For example, the report says, Chile h…
Jordex buying stake in Bolivian project
Jordex Resources (VSE) has finalized an agreement with Compania Minera Tiwanacu of Bolivia to earn a 50% interest in the latter company’s base and precious metal properties in South America. The compa…
Encouraging results from Greenstone’s B.C. gold property
Joint venture partners Dragoon Resources (VSE) and Greenstone Resources (TSE) have intersected some encouraging gold values on their property 25 miles south of Cranbrook, B.C. The best intersections f…
Kingswood drilling (November 26, 1990)
A 3,000-ft. drilling program is under way on the Bourlamaque Twp., Que., base metal property of Noranda (TSE) and Kingswood Explorations (ASE). The latter company is earning a 50% interest in the 18-c…