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 …
News
PRODUCER PRICES ALUMINUM: MW U.S. Market US68.50- 70.50 cents per
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….
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…
Oneida looking to increase reserves
Recent drilling on the Mexican Hat property by a unit of Placer Dome (TSE) encourages owner Oneida Resources (VSE) to predict reserves on the Arizona gold property will increase. Placer Dome is fundin…
Letters to the Editor O’Neil answers two challenges to Bill 71
In last week’s issue you printed a prominent paid advertisement criticising several aspects of Bill 71, the amendments to Ontario’s Mining Act. The nature of the criticism seems to ignore the close wo…
Acabit on ME
Newly listed on the Montreal Exchange is Exploration Acabit (symbol ACX), a Val d’Or, Que. -based company formed in late 1989 by the union of Exploration Vent d’Or and private firm Ressources Claverny…
COATS (over-the-counter) Fontana spurs activity
Encouraging results were reported from one drill hole on the Fontana project near Val D’Or, Que., including a 45-ft. intersection grading 0.48 oz. per ton. Recently, another hole was completed with si…
Toronto Stock Exchange Indices (March 19, 1990)
Mar. 13 Mar. 12 Mar. 9 Mar. 8 Mar. 7 HIGH LOW Composite “300” 3734.09 3740.22 3732.90 3752.00 3728.60 4009.47 3649.49 Metals & Minerals 3144.37 3152.64 3141.12 3156.00 3136.27 3453.05 2921.03 Integrat…
Metal snips Canadian nickel miners, refiners tour Cuba, USSR
A delegation of Canadian nickel producer-refiners is investigating new business in two other nickel- producing nations, Cuba and the Soviet Union. Representatives of Inco (TSE), Falconbridge (TSE) and…
Abcourt, Val d’Or in property deal
An option to purchase, for $1.5 million, the 50% interest of Mines Abcourt (ME) in the Bardome (Vendome) zinc property in Quebec’s Fiedmont and Barraute twps. has been granted Ressources Val d’Or (ME)…