News

Toronto Stock Exchange Indices (November 13, 1989)

1989 Nov 7Nov 6Nov 3Nov 2Nov 1HIGH LOW Composite “300” 3923.253906.753929.103935.703935.594037.833353.13 Metals & Minerals 3401.823380.953430.763441.143447.863919.203207.50 Integrated mines 3539.4735…



Miniere du Nord drills new targets

New targets on its No 1, 2 and 3 Lozeau Twp. claims east of Matagami, Que., are undergoing drilling, Explorations Minieres du Nord (ME) reports. President Jean-Jacques Martel reports the drilling foll…



Cassiar reorganization gets nod

Shareholders of Cassiar Mining (TSE) voted overwhelmingly in favor of a reorganization to make one of its subsidiaries the parent of the Cassiar group of companies. Although the transaction is still s…


Takla negotiating for Nevada gold property

Calgary-based Takla Gold Mines (ASE) says it is in the final stages of negotiations to acquire a gold property in Nevada. No details regarding the new property acquisition were disclosed, except that …


Pine Channel wraps up sampling program

Preliminary exploration results from a lead-zinc-silver property in Saskatchewan have been reported by Pine Channel Gold (VSE). The company recently completed a program of surface sampling and trenc…


Amalgamation plan tabled by Queenston Gold, HSK

Queenston Gold Mines (TSE) and HSK Minerals (TSE), both of Toronto, are joining the growing list of companies who have agreed to amalgamate. By combining their various exploration assets, mostly in th…


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…


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…



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…


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