Montreal conference on acidic drainage
The second international conference on the abatement of acidic drainage will be held in Montreal, Sept. 16-18, 1991, by the participants in the Mine Environment Neutral Drainage Program, the Canadian …
News
Corona, Avalon terminate deal
A transaction announced previously whereby Avalon Corp. would have acquired the industrial mineral assets of Corona (TSE) has been terminated. Corona is the major shareholder of oil and gas producer A…
AEG names Boyle an honorary member
Robert Boyle was elected an honorary member of the Association of Exploration Geochemists at the 13th international geochemical exploration symposium, recently held in Rio de Janeiro, Brazil. He was t…
IOCC GOLD OPTIONS (April 23, 1990)
Total volume for the week was 1,015 contracts; total open interest at the close was 30,559 contracts.
Gold funds as of Apr. 17
MVP BGR Central Capital Net value $11.59% %$5.87% $0.39% Price $10.50% %$5.875% $0.23% Discount 9.40% %0.1% 41.0% Value $69,013,966 $98,842,763 N/A…
Prime Res. has good assqays on Eskay Creek metal project
A number of spectacular assay results for both precious and base metals were reported by Prime Resources Group (VSE) from recent drilling on the 21B deposit at the Eskay Creek project north of Stewart…
Plexus sells Crown Butte shares
Utah-based Plexus Resources (TSE) recently sold 300,000 shares or about half its 633,334 shareholding in Crown Butte Resources (VSE) to institutional investors at $8 per share. Plexus will use the pro…
Stewart Lake issues terms of debenture
Stewart Lake Resources (TSE) recently received $500,000 under a Series A Debenture and Warrants issued under a March 12 loan agreement with Trinity Capital Corp. The 5-year debenture bears interest at…
Orex identifies four gold zones at Goldboro
Drilling in a fan pattern from the 250-ft. level to the 125-ft. level, Exploration Orex (ME) has identified at least four distinct zones of gold mineralization at its Goldboro property in Nova Scotia….
Tin suit fails
An attempt by Noranda (TSE) to sue the federal government over losses suffered during the collapse of the international tin cartel in 1985 has been struck down by the Supreme Court of Canada. Noranda …
Low silver prices subdue United Keno Hill meeting
With silver prices at their lowest level since 1977, the subdued atmosphere at United Keno Hill Mines’ (TSE) recent annual meeting in Toronto was understandable. United Keno must wait for an upswing i…
U.S. Report Queenstake acquires Nevada properties
Encouraging results from early stage exploration work have prompted Queenstake Resources (TSE) to expand a first- phase geological and geochemical program to better define drill targets on its recentl…