Moneta, Nahanni Sept 22
A 20,000-ft drill program has been completed by Moneta Porcupine Mines (TSE) and Nahanni Mines (TSE) on their Michaud Twp., Ont., claims 65 miles east of Timmins. The program has confirmed the presenc…
News
On the Move (October 02, 1989)
Brunner Canada, manufacturer of drill bits and accessories, has named R. T. Legault as its new national sales manager. Legault has more than 30 years experience in mining and related industries, part…
Cominco, Ennex deal
Two companies within the Cominco Ltd. (TSE) fold have acquired options to earn a 35% interest in 30 properties owned by Ennex International (LSE) in Ireland. Cominco Ireland and Pine Point Mines can e…
Indian lore, movies, animals- are popular as company names
Unusual or exotic company names often add color and reflect the entrepreneurial spirit of the junior mining sector in Canada. Here are just a few of the more colorful company names found among junior …
Kewagama exploring old Granada mine
Underground exploration is under way at the old Granada gold mine near Rouyn-Noranda, Que., Kewagama Gold mines (Quebec) (ME) reports. Proceeds from two private placements completed earlier this year …
Fairbanks expands drill program
Results from recent drilling on the Fort Knox gold project near Fairbanks, Alaska, have prompted project operator and 51% owner Fairbanks Gold (VSE) to expand the 1989 exploration and development prog…
Valley/McAdam Rights offering for McAdam Res.
Hoping to be able in the near future to make a production decision for its Spud Valley gold project on Vancouver Island, McAdam Resources (TSE) reports it has secured the necessary regulatory approval…
Stikine puts stake in Eskay Creek on block
Half the Eskay Creek gold project north of Stewart, B.C., is up for sale. Stikine Resources (VSE) has appointed Yorkton Continental Securities as its fiscal agent to locate a buyer for its shares. The…
Geddes Sept 26
Geddes Resources (TSE) is planning a $10.2-million financing which will be used to fund exploration and development work at the company’s Windy Craggy copper deposit. Situated in British Columbia, the…
IOCC GOLD OPTIONS (October 02, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .48915.002,929 Nov 370 C .2218.001,960 Nov 380 C .3924.503,107 Nov 390 C .1312.502,341 Feb 370 C .4417.00 277 Feb 380 C .15311.00 444 Feb 390 C * 60 5.5…
Core Shack MAGNACON MINE
The Magnacon mine, 68 miles west of Wawa, Ont., has drill- indicated reserves of 1.4 million tons averaging 0.24 oz gold per ton in quartz veins hosted in quartz-sericite schist within a shear zone at…
US gold week
Gold Week celebrated The gold industry in the U.S. will celebrate “America’s Gold Week” Oct 2-8. The Gold Institute of Washington will co-ordinate the week’s activities, including a reception/exhibit…