News


New drill program started at Douay by Inco, partners

A new 2-phase drilling program is under way on the Douay gold property in Quebec’s Casa Berardi area by project partners Inco, Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The trio recen…


Battle Mountain share offering

The pricing of a 5-million-share public offering has been reported by Battle Mountain Gold Company (TSE). The price was fixed at US$16 per share. Proceeds from the sale will be used for general corpor…


Rayrock earnings cut in half

Rayrock Yellowknife Resources (TSE) reported net earnings of $3.2 million (32 cents per share) for 1989, compared with $6.6 million (68 cents per share) in 1988. Operating funds increased to $9.3 mill…


Noranda, Glimmer cut parallel gold zones

Four recent holes in an 18-hole drill program currently under way on the 60/40 joint venture of Noranda (TSE) and Glimmer Resources (VSE) near Matheson Ont., have cut a series of parallel gold zones o…




Bond completes 11 holes on Magpy bet

The best assay result from an 11-hole drill program completed recently by Bond International Gold (TSE) on Registry Resources’ (COATS) Magpy property near Pickle Lake, Ont., was 0.32 oz. gold per ton …



Seabright stakes new claims while Touquoy hopes fade

The Cape Breton Highlands is the site of a staking and optioning rush by Toronto’s Seabright Explorations (TSE). Seabright has staked claims in both the Antigonish and Cobequid Highlands, N.S., and ha…


Metal Prices (March 19, 1990)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 13 Mar. 12 Mar. 9 Mar. 8 Mar. 7 Copper 1618-1620 1612-1614 1640-164…


Ego drill results

A recent hole drilled to test the easterly plunge of a small zinc deposit on Ego Resources’ (TSE) property near Great Slave Lake, N.W.T., has yielded 56 ft. grading 9.3% zinc, 0.22% copper and 1.28% l…


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