ARTICULATED TEREX
Articulated Terex Three articulated dump trucks with payload capacities of up to 40 tons have been introduced by Terex of Hudson, Ohio. They include the 2766 (with a 27.5-ton payload capacity); the 30…
News
Ventex spending $1 million for Manitoba gold-silver-zinc bet
Ventex Energy (VSE) has signed an agreement to acquire a 100% interest in the Sylvia gold-silver- zinc property, 75 miles southeast of Flin Flon, Man. The property vendors are Mingold Resources, a pri…
Spot prices at a glance (January 29, 1990)
Week’s Price (US) Change Gold* $413.75 +$3.15 Silver* $ 5.28 +$0.05 Platinum* $500.10 +$3.85 Nickel** $ 2.78 $0.49 Lead** $ 0.32 Copper $ 1…
Indigo Gold drilling Louvicourt property
A 2-hole drill program is scheduled to get under way this month on property shared by Indigo Gold Mines (ASE), Globex Mining Enterprises (ME) and Murgor Resources (VSE) in Louvicourt Twp., Que. Situat…
PRODUCER PRICES (January 29, 1990)
ALUMINUM: MW U.S. Market US68.75- 70.50 cents per lb. (Jan. 18, 1990). ANTIMONY: New York dealer US81-84 cents per lb. (Nov. 30, 1989). BISMUTH: New York dealer US$4.40-4.50 per lb. (Dec. 14, 1989). …
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…
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 @ …