Hillsborough ends deal
Hillsborough Resources (TSE) has decided not to participate in a joint venture with Corner Bay Explorations, a private company, on Corner Bay’s copper property near Chibougamau, Que. The Corner Bay de…
News
CEIP seminars aimed to educate skeptics
If there are any remaining misconceptions about the Canadian Exploration Incentive Program (CEIP), government officials in the federal department of Energy Mines and Resources hope to have them cleare…
Northair group among mine makers in northwestern B.C. gold camp
If recent activities by Newhawk Gold Mines (TSE) and Tenajon Resources (VSE) are any indication, the Northair group of companies will be among the new mine-makers in northwestern British Columbia’s St…
Current market
Current market conditions may have slowed the fund-raising but they haven’t dampened the enthusiasm of the officers of Armistice Resources (ME), who continue their search for a gold deposit at Virgini…
FINANCING (November 06, 1989)
ONTARIO Blue Heaven Res — final rec iss offer 2,400,000 @ 45 cents per sh to net $662,400. Harte Res Corp — final rec iss offer 250,000 @ $1.50 per sh to net $235,350. Windy Mountain Expl — final r…
Editorial Mining is high tech’s best customer
There were some valid points about Canada’s pursuit of “high tech” objectives made in a recent speech by William Winegard, Minister of State for Science and Technology. Unfortunately, a statement that…
New discoveries make Mishibishu Ontario’s hot spot
Northern Ontario’s Mishibishu gold camp is a thriving exploration hot spot, thanks largely to a steady stream of new discoveries which have confirmed the area’s potential during the past few years. Th…
Toronto Stock Exchange Indices (November 06, 1989)
1989 Oct 31Oct 30Oct 27Oct 26Oct 25HIGH LOW Composite “300” 3918.623887.173884.253886.363906.684037.833353.13 Metals & Minerals 3461.903408.303390.173411.833446.283919.203207.50 Integrated mines 3605….
Base metals revival
It wasn’t too long ago gold was the only game in town and few junior companies had the foresight to look for base metals. How times have changed. Some of the most exciting plays today are in base meta…
NovaGold offers $12 million for Mount Pleasant tin mine
Halifax-based NovaGold Resources (TSE) has signed a letter of intent to acquire the Mount Pleasant tin-tungsten mine in New Brunswick from LAC Minerals (TSE) and Billiton Metals Canada for $12 million…
Northern Quebec focus of 1990 CIM symposium
A CIM symposium this spring will focus on 60 years of exploration in the polymetallic belt of northern Quebec. Major mineral deposits in production or under development in the Rouyn- Noranda, Val d’Or…
Hemlo starts drilling Pukaskwa property in Mishibishu area
Diamond drilling has started on the Pukaskwa River gold property under option to Hemlo Gold Mines (TSE) from Mishibishu Gold (VSE) in northern Ontario. The property is about 40 miles west of Wawa on t…