News


Plexus financing (November 20, 1989)

Plexus Resources (TSE) has filed a prospectus for the purpose of selling shares in Ontario, Alberta and British Columbia. A corresponding form was also filed with the Securities and Exchange Commissio…



Pronto drill results

Pronto Explorations (TSE) has released drill results completed by Inco Gold on the Cochenour-Willans gold property near Red Lake, Ont. The results came from drilling completed by Inco between the 1,60…


Noranda starts survey on Beaty Twp. claims

Noranda Inc. (TSE) has started a ground geophysical survey on a group of claims held under option from Glen Auden Resources (TSE) and Golden Dragon Resources (VSE) in Beatty Twp., Ont. The claims cove…


Quebec juniors option Goldboro, N.S. ground

Another Quebec-based junior, Murgor Resources (VSE), has optioned ground in the Goldboro area of Nova Scotia and a third, Ressources Orient (ME), is negotiating for ground in the area. Murgor Presiden…


Water spill poses no danger: Cameco

A spill of about 2,000 cubic metres of mine water occurred recently at the Rabbit Lake uranium mine of Cameco in northern Saskatchewan. The company reports water sampling has indicated the spill poses…


New management at junior Cache

The new majority shareholder and manager of Explorations Cache (ME) is Corpomin Management of Montreal. Pierre Boudreault has been named president and Charlene Ross, secretary-treasurer. Forming the b…


Inco Gold opens office in Val d’Or, Quebec

Inco Ltd. has opened a regional exploration office in Val d’Or, Que., to co-ordinate its exploration activities in the province. This new office, headed by Robert Lambert, is an integral part of the r…



Editorial Getting information

The rules about insider trading were made so that directors, officers and others close to a company would not benefit from information to which the general public does not have access. It is a worthy …


FINANCING (November 20, 1989)

VANCOUVER Bellex Mining — gross proceeds rec $235,000. Dessir Res — 600,000 sold for gross $228,000. Goldcliff Res Corp — gross proceeds rec $240,000. Reg Res Corp — gross proceeds rec $146,946.60…


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