News


INSIDE Small drills offer flexibility in setup

Since 1983, Hydracore Drills has been developing a new drill suitable for drilling on difficult surface setups that would allow easy movement and repositioning. The result is two drills that are compa…


William, Billiton test Montgay bet

Five holes tested geophysical anomalies and two other holes tested the depth extension of a known zinc-silver occurrence as part of a drilling program at the Montgay property 55 km northeast of Val d’…




Metal Prices (May 21, 1990)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 15 May 14 May 11 May 10 May 9 Copper 1583-1585 1643-1644 1690-1695 1…


INSIDE Ocean drilling off B.C. coast

An international research body plans to drill a base metal deposit off the coast of British Columbia next summer as part of an international research initiative to study the geology of the world’s oce…



INSIDE B.C.’s Jack Davis foresees good year

British Columbia’s mines minister says the province’s mining industry enjoyed a period of “relative prosperity” in 1989 and he expects the same in 1990, and when the mining industry does well, the dia…


FINANCING (May 21, 1990)

Cons Balsam — 1,400,000 offered @ 16 cents per sh. Gigi — 1,000,000 offered @ 79 cents per unit. High Frontier — opt exerc on 275,000 @ 55 cents per sh. Tatlar Res — 1,000,000 shs sold for gross $…


Eastern placement raises financing

Shareholders at the company’s annual meeting approved a $250,000 private placement involving 500,000 units at 50 cents per unit, Eastern Goldfields (COATS) says. The units are composed of shares and h…



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