A drill hole on the Goodfish property near Kirkland Lake, Ont., has intersected 90 ft. averaging 0.26 oz. gold per ton in an environment commonly associated with Kirkland Lake’s gold producers. The tr…
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…
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 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…
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…
Toronto-based Bachelor Lake Gold Mines (TSE) has agreed to sell a 60% stake in its Desmaraisville, Que., gold mine and mill to Hecla Mining Co. of Canada. While the deal is subject to due diligence an…
Despite a pull-back in gold from the US$405-level to below US$400 per oz., the Vancouver Stock Exchange managed to gain about six points to the 738-level. The bullion market appears to be mirroring in…
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 …
ANTIMONY: New York dealer US84-86 cents per lb. (Feb. 15, 1990). BISMUTH: New York dealer US$4.30-4.40 per lb. (Feb. 8, 1990). CADMIUM: New York dealer US$4.60-4.80 per lb. (Feb. 22, 1990). COBALT: U….
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…
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…
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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