Tundra in Kirkland
Tundra Gold Mines (VSE) is conducting exploration programs on its Kirkland Lake area properties in Ontario. On the Shamrock property, two miles no rth of the K irkland Lake main break, an important go…
News
GOLDFUNDS (September 25, 1989)
Gold funds as of Sept 19 MVP BGR Central Capital Net value $11.53 $ 5.86 $0.56 Price $10.125 $ 5.75 $0.30 Discount 12.19% — .9…
PRODUCER PRICES Metal Prices (September 25, 1989)
ALUMINUM: MW U.S. Market US78.25 cents – 80.25 cents per lb. (Sept 14, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.75-$4.85(US) per lb. …
NovaGold stakes claims
NovaGold Resources (TSE) has staked 16 claims near Benjamin River and optioned 12 claims near Nash Creek. Both properties are about 60 km northwest of Bathurs t, N.B. On the Benjamin River property,…
Cambior eyeing new prospects, possible base metal plays
The gold mines of Cambior Inc. (TSE) are concentrated in Quebec’s north0000,0060 west, but future production may soon include ou tput from op erations throughout North America and even South America. …
Fairbanks drill results impress
Drilling by Fairbanks Gold (VSE) on its 51%- owned Fort Knox property near Fairbanks, Ala., is continuing to return impressive resul ts. The latest are from hole 89-069 which was drilled at a 60 degre…
Montreal Exchange: Seniors most active
Quiet trading marked the week’s activity, with investors who are watching the Louvicourt Twp. copper-zinc massive sulphide discovery caught between drill-hole announcements. At the top of the volume l…
letter to the editor
The article you had on the front page of The Northern Miner of Aug 21 concerning Global Platinum and Gold (Arizona mineral sands — big claim s, little verific ation) does not do justice to the shareh…
Bitech set to drill Betts Cove property
A 5,000-ft diamond drilling program is scheduled to get under way this month on Bitech Corp.’s (ASE) Betts Cove property on the Baie Verte Peninsula in Newfou ndland. Situated about two miles southwe…
Earnings report Should go
Newmont Mining Corp. reported second-quarter net income of $7.2 million(US) or 11 cents per share, compared with $19.4 million or 29 cents per share in the same period last year. Net earnings for …
Set for one col box
Corona Corp. (TSE) has dropped its option on Claude Resources’ (TSE) Sturgeon Lake diamond property near Prince Albert, Sask. The termination of the option ag reement, which Claude says was unexpected…
Quebec prospectors caught up in provincial election action
Politics caught up with the Quebec Prospectors Association (QPA) at the mining group’s 15th annual convention. With Quebec voters going to the polls Sept 25, QPA directors invited representatives from…