Editorial Northern benefits
Living in northern Canada can be tough. The hardships imposed by location are sometimes difficult for those in the south to imagine. Isolation, for example, means your spouse can’t get the same medi…
News
Placer speculates Mexican Hat prospect holds porphry copper
Prospector Manny Hernandez of Pearce, Ariz., helped guide Placer Dome U.S., a unit of Placer Dome (TSE), to the promising Mexican Hat gold prospect. Called Mexican Hat for the distinctive shape of the…
Metina, Manridge option Kelly Lake copper-nickel bet
Toronto-based Metina Developments (VSE) and associate Manridge Explorations (TSE) have acquired an option to earn a 100% interest in a 15-claim copper-nickel prospect in Blondeau Twp., Que. Moneta Por…
Earnings slip for Amax Gold (November 13, 1989)
For the first nine months of 1989, Amax Gold (NYSE) reported earnings of $28.2 million(US) or 47 cents per share, down from $38.6 million or 64 cents per share in 1988. Third-quarter results for the…
Galactic options portion of Philippines project to major
The timing couldn’t have been better for Galactic Resources (TSE) to announce an agreement with an undisclosed international major mining company involving its Far Southeast porphyry gold-copper proje…
Toronto Stock Exchange Easing bullion prices snap rally in golds
A 4-day rally in golds came to an end today, Nov 8, as easing bullion prices and profit-taking from nervous traders clipped 81.9 points or 1.13% from the gold and silver index. The rally in golds was …
Preview blossoms into notable gold deposit in just one year
A feasibility study on the Bakos gold deposit near La Ronge, Sask., could lead to a production decision by mid-1990, Cameco says. Cameco, Uranerz Exploration and Mining and Windarra Minerals (TSE) own…
Cameco project closely watched
Aur Resources’s big base metals find in Quebec is not the only project being watched by investors. In Saskatchewan, about 35 miles west of Flin Flon, Cameco, a government mining agency and Trimin Reso…
..add to Corona supports Goldbelt
para 5 Goldbelt recently announced it had acquired a 100% interest in about 5,600 acres in the Stikine- Galore Creek region of northwestern British Columbia. The claims adjoin holdings by Cominco Ltd…
Charlim financing
A private placement of 3.3 million flow-through shares by Charlim Explorations (VSE) will allow the company to fund exploration on mineral prospects in Ontario and Quebec. The placement was completed …
Alberta Stock Exchange Kingswood leader
Investor attention focused on the Val d’Or, Que., region this week as market watchers waited for more results from the massive sulphide discovery of Aur Resources and Societe Miniere Louvem. All of th…
BIG shareholders to meet in January
Bond International Gold (TSE) has delayed its annual meeting of shareholders, originally scheduled for this month, until Jan 10, 1990, in order to give its new majority shareholder LAC Minerals (TSE) …