Alberta Stock Exchange Tyrae gains 43 cents
The high-profile Eskay Creek gold region of northwestern British Columbia continues to attract more junior companies. One of the latest newcomers is Tyrae Resources, which following a recent change of…
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FINANCING (July 30, 1990)
Cons Carina — 900,000 sold for gross $450,000. Kendra Gold — gross proceeds rec $300,000. Preston Res — 1,200,000 offered @ 50 cents per unit. Rinsey Mines — gross proceeds rec $292,500. Ascot Res…
Curragh profit up in second quarter
Despite increased production at Curragh Resources’ (TSE) Faro lead-zinc mine in the Yukon, the Toronto-based company experienced a slight drop in profits during the first half of 1990. Curragh reporte…
Result speculation reason for jump in Crown Butte issue
Crown Butte Resources (VSE) says it isn’t aware of any reason, other than market anticipation of drill results at its Montana project, why the price of its shares increased by $2.25 recently on heavy …
THE EDITORIAL PAGE Marketing Canadian expertise
A person could spend half his life attending conferences, seminars, symposia and other professional get-togethers that claim to offer special insights into an industry’s current state of affairs. Whil…
Firm zinc price lifts Brunswick earnings
Strong zinc prices helped boost the second-quarter earnings of Brunswick Mining and Smelting (TSE) by about 20% during the 3-month period ended June 30. Brunswick’s second-quarter net earnings improve…
Drilling resumes on Douay gold bet
A new drilling campaign has started on the Douay gold property owned by joint venture partners Inco (TSE), Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The property is in the Casa Berard…
COATS (over-the-counter) Gold Bar hit with lawsuit
It appears that Southern Arizona Mining and Smelting’s bid for a 50% interest in the Chester Twp. gold property near Gogoma, Ont. is in jeopardy. James Hunter, a shareholder of property owner Gold Bar…
Black Hawk completes acquisition of Union nickel-copper deposit
Toronto-based Black Hawk Mining (TSE) says it has acquired all the outstanding shares of First China Capital whose main asset is the Union nickel-copper deposit in the state of Maine. Based on 170 dri…
Northwest moves to next stage in Colomac construction phase
Having completed plant construction at its wholly owned Colomac gold project, 137 mile north of Yellowknife, N.W.T., NorthWest Gold (AMEX) (formerly ABM Gold) is tuning up the project’s milling facili…
Spot prices at a glance (July 23, 1990)
Week’s Price (US) Change Gold* $360.10 + $6.40 Silver* $4.83 + $0.02 Platinum* $470.90 — $6.75 Nickel** $4.22 + $0.14 Lead** $0.39 — $0.02 Copper- $1.24 — $0.04 Zinc $0.70 — $0.10 Courtesy of Scot…
Work starts at Unuk River project
A program of geological mapping and geochemical sampling is in progress on the Unuk River project, about 40 miles north of Stewart, B.C., and four miles southeast of the Eskay Creek 21 zone discovery….