People MARSTON & MARSTON
Terry Kremmel appointed project manager; Scott Herr appointed project manager; Don Ewart Jr. appointed senior mining engineer; Michael Fabio appointed project engineer; Dwight Kinnes appointed senior …
News
Funding of bet to be eased by Westlake, Minera merger
Westlake Industries (VSE) and 23% owned Minera Rayrock (TSE) are hoping to facilitate the development of a jointly held Costa Rican gold project by merging their respective assets into a single compan…
FINANCING (June 11, 1990)
ONTARIO Tri Link Res — 1,800,000 Cl A com offered @ $4.20 per sh to net $7,106,400. VANCOUVER Rinsey Mines — 650,000 offered @ 45 cents per sh. Royce Ind — 700,000 sold for gross $245,000. Woodridg…
Belmoral sees some hope at Val d’Or
Belmoral Mines (TSE) will put all of its cash flow into the Val d’Or gold operations, Gordon Strasser, the new chief executive officer of Belmoral, told shareholders at the company’s annual meeting. “…
IOCC GOLD OPTIONS (June 11, 1990)
Options Open Series Volume Last Interest Aug. 370 C 200 8.50 200 Aug. 380 C 270 4.50 879 Aug. 390 C 114 2.50 1,210 Aug. 440 C 285 0.40 1,253 Nov. 380 C 195 13.00 200 Nov. 400 C 369 5.10 458 Nov. 410 C…
Timmins Land to buy Breakwater’s Rundle
Timmins Land, a privately owned company based in Timmins, Ont., has entered into an agreement with Breakwater Resources (TSE) to buy the South Rundle mine property for $1.5 million. The 800-acre prope…
U.S.REPORT Copper Range buys mill section for mine
For US$4 million, Copper Range Mining has purchased a 6,000-ton- per-day mill section from Round Mountain Gold. Copper Range is a unit of Metall Mining (TSE), while Round Mountain is a subsidiary of E…
Westview sees Lupin-type potential at Ren property
Vancouver-based Westview Resources (VSE) is funding a 10,000-ft. diamond drilling program this summer on what it considers to be a new “Lupin-type” gold deposit on the REN property in the Northwest Te…
Tandem, N.A. Rare flow-through deals
Toronto-based Tandem Resources (ME) has arranged for a flow-through private placement of $250,000 with CMP 1990 Resource Partnership and Co. The placement is priced at the lesser of 30 cents or 95% of…
Toronto Stock Exchange Rally continues amid rumors of third Eskay
A market rally sparked by renewed optimism over the U.S. economy appeared to gain some momentum today, May 30. The composite 300 stock index, which represents a wide measure of Canadian share values, …
Spot prices at a glance (June 04, 1990)
Week’s Price (US) Change Gold* $365.70 + $2.45 Silver* $5.13 + $0.03 Platinum* $496.50 — $6.75 Nickel** $3.83 + $0.05 Lead** $0.38 + $0.00 Copper- $1.18 + $0.05 Zinc $0.79 — $0.00 Courtesy of Scotia…
Cathedral looking for Porcher partner
A recently completed exploration program on the Porcher Island gold property held by Cathedral Gold (TSE) appears to have prompted the company to look for a partner. .TLast year’s program was designed…