News

Fairbanks Gold confident of large tonnage operation

Armed with new reserve calculations for the Fort Knox gold property near Fairbanks, Alaska, 51% owner Fairbanks Gold (VSE) is confident it has the makings of a huge bulk tonnage mining operation. Pres…


Freewest, Sparton get good results

A 2,500-ft. drill program completed recently by Freewest Resources (ME) and Sparton Resources (TSE) on their jointly optioned Helena Lake property near Fort Frances, Ont., has yielded good results in …


Pamour assets on auction block

A Toronto-based securities firm has been retained by Giant Resources of Australia to conduct an international auction for the sale of Giant’s Canadian mining assets. Handling the auction will be Deaco…



Inco, Golden Knight drilling

Exploration around the Casa Berardi East and West gold mines, held jointly by Golden Knight Resources (TSE) and Inco Gold, has yielded some encouraging results. After spending $11 million on undergrou…


Alberta Stock Exchange Gowest gains 16 cents

Several junior exploration companies with interests in gold properties in northwestern Quebec made significant gains during the week ended Feb. 13. Gowest Amalgamated tacked on 16 cents to its share p…



Goldbelt gets option

Goldbelt Mines (TSE) has signed an option agreement with Glen Auden Resources (TSE), giving the company the right to earn a 50% interest in Glen Auden’s 219-claim property in Moody Twp., Ont. The Mood…



Gordex Correction

A recent query on Gordex Minerals (T.N.M., Feb. 5/90) included incorrect information regarding the company’s CIP processing plant in New Brunswick. Contrary to what was printed, the CIP plant at Gorde…


Metal Prices PRODUCER PRICES (February 19, 1990)

ALUMINUM: MW U.S. Market US64.00- 66.00 cents per lb. (Feb. 1, 1990). ANTIMONY: New York dealer US88-90 cents per lb. (Jan. 25, 1990). BISMUTH: New York dealer US$4.35-4.45 per lb. (Feb. 1, 1990). CAD…



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