Teeshin drilling
Drilling has extended the Boulder zone on the Dome Mountain property owned by Teeshin Resources (VSE). Near Smithers, B.C., the Boulder deposit hosts reserves of 300,000 tons grading 0.35 oz. gold per…
News
Lithium Corp. in option deal
The right to earn an interest in a group of mineral properties in the Oxford Lake area of Manitoba has been acquired by The Lithium Corp. of Canada (COATS). Lithium may earn a 50% interest from Norand…
Deak Res. active at 4 properties
Four exploration programs have been started up by Deak Resources (TSE) following completion of flow-through financings. Two drill rigs are working at the Aldermac property, 10 miles west of Rouyn-Nora…
COATS (over-the-counter) Carolin active
As the price of gold continues to bounce around, so do the prices of several junior gold explorers. Posting a gain of 7 cents for the week ended Jan. 23 was Carolin Mines. That company is exploring t…
Gold funds as of Jan 23
MVP BGR Central Capital Net value $12.61 $6.33 $0.45 Price $11.50 $6.50 $0.42 Discount 8.80% 2.7% 7% Value $75,106,282.70 $106,636,558 N/A…
GEXA, U.S. Precious Metals have Mother Lode up to speed
The first two bullion pours have been completed at the recently commissioned Mother Lode heap leach gold mine near Beatty, Nev. Opened two months ago, the open pit mine is held by a joint venture of U…
FINANCING (January 29, 1990)
Multiplex Res. — min 675,000 offered @ 35 cents per sh. Rock Creek Res. — gross proceeds rec $350,000. Waterford Res. — 600,000 offered @ 40 cents per sh. Sunport Metals — opt exerc on 150,000 @ …
Murray Brook milestone
Four months after opening, precious metal production has surpassed one ton at NovaGold Resources’ (TSE) Murray Brook gold mine, 50 miles west of Bathurst, N.B. Since the mill startup last September, t…
Taywin options project to Placer Dome
Junior company Taywin Resources (VSE) recently announced an agreement in principle with Placer Dome (TSE) involving a gold-silver prospect situated adjacent to its Electrum claims in the Zeballos camp…
Books in Review Papers from effluent treatment seminars
For every ounce of gold poured in Canada, the average gold mine produces about 4.2 tonnes of mill tailings. And for 52 of the 65 gold mills operating in the country, this solid-liquid mixture contains…
Shamrock exploring Idaho gold deposit
A small low-grade gold deposit in Idaho could be developed by Vancouver-based Shamrock Resources (VSE) and United States Antimony (NASDAQ) if results of a prefeasibility study under way are positive. …
NovaGold production
More than 1,000 kg of metal production has come from the Murray Brook gold-silver mine, operated by NovaGold Resources (TSE) in New Brunswick. The open pit mine has been in production for four months….