NOVA SCOTIA GOLD
Within the mining industry, there are varying opinions on the potential for an economic gold deposit in Nova Scotia. For this reason, we will attempt to give some insights on the past as well as curre…
News
LOUVICOURT’S LOCKSMITH; Aur Resources’ Howard Stockford
When geologist Howard Stockford thinks about the major new copper-zinc discovery made by Aur Resources in Val d’Or, Que., a broad smile breaks across his face. It’s not hard to appreciate why. The Aur…
Correction (February 26, 1990)
Contrary to what was reported (T.N.M., Feb. 19/90), Noranda Exploration President John Harvey recently sold 2,335 Noranda shares for between $24.125 and $24.625 to hold 36,971.
Wide zones cut on Noranda-Akiko bet
Joint venture partners Noranda (TSE) and Akiko-Lori Gold Resources (VSE) have reported substantial widths of low-grade gold mineralization from a recently completed drill program on the Springpole pro…
Investment demand key to platinum’s success
With the possible exception of gold, platinum should be the performer to watch among the actively traded non-ferrous and precious metals during 1990, says international securities firm Shearson Lehman…
NO HEADLINE (February 26, 1990)
TEXT: The 5th International Tungsten Symposium will be held Oct. 14-18 in Budapest, Hungary. The papers will cover some of the following topics: supply and demand, developments in the metallurgy of t…
Placer Dome faces cave-in charges
The Ontario Ministry of Labour has charged Placer Dome (TSE) with two counts under the Occupational Health and Safety Act in connection with a cave-in Feb. 20, 1989, that killed three miners. The char…
Aur gold output below expectation
Aur Resources (TSE) may have struck a major exploration success at its Louvicourt Twp. massive sulphide discovery last year, but in 1989 the company also struggled with another project in the Val d’Or…
Adrian agreement is terminated
A new development is threatening Adrian Resources’ (VSE) tenuous hold of key ground in the Eskay Creek area north of Stewart, B.C. The company was recently advised that its agreement to earn a 50% int…
Alberta Stock Exchange Kingswood active (February 26, 1990)
A volume leader for the week ended Feb. 20 was Toronto-based Kingswood Explorations, which saw more than a million of its shares traded to close at 87cents. That’s a gain of 30cents from last week’s p…
Kingswood pulls good values on Devon bet
Toronto-based Kingswood Resources (ASE) has reported encouraging gold values from two recently completed holes on the Devon property in Beatty Twp., east of Matheson, Ont. Kingswood is earning a 70% i…
Pegasus breaks records
Record production, revenues, and cash flow were reported by Pegasus Gold (TSE) for the year ended Dec. 31. Pegasus produced 341,400 oz. of gold for revenues of US$178.4 million and cash flow of US$59….