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…
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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…
Red Lake Buffalo searching for new ore at Madsen mine
In the hope that new mines can be found in the shadow of old ones, Red Lake Buffalo Resources (TSE) has been busy on a group of claims containing t hree former gold producers. According to President J…
Vedron plans debentures
A proposed $16-million debenture offering has been announced by Vedron Ltd. (TSE) which, if successful, would allow the company to bring its Fuller gold depos it to production. Near Timmins, Ont., th…
Sept 5 mine manager — Mackay
Managing a unique solution process for the recovery of potash from a big, deep-seated deposit, located 25 miles west of Regina, Sask., is the job of Colin S. Mackay, manager of operations for 0000,06…
Interquest options Montana metal bet
Toronto-based Interquest Resources (TSE) has agreed to acquire a number of claims containing high gold and base metal values in Broadwater Cty., M ont. Known as the “Ruby” and “Dory” properties, they …
IOCC GOLD OPTIONS (September 25, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C 17110.502,677 Nov 370 C 57 5.501,845 Nov 380 C 116 3.002,821 Nov 390 C 112 1.502,341 Nov 420 C 102 0.20 675 Nov 440 C 1,000 0.30 749 Feb 390 C …
Minnova encounters gold on Diana’s Obatogamau
Partners Diana Resources (VSE) and Minnova Inc. (TSE) have encountered what they are calling a significant gold-bearing zone, at Diana’s 82-claim Obatogamau p roperty near Chibougamau, Que. Eight hole…
Gldn. Cresent ahead Alberta Stock Exchange
Exploration at the Talbot Lake gold property in northwestern Ontario is becoming the subject of investor interest, as indicated by the recent t rading activity of Golden Crescent Resources. One of th…
Bond sells Yuba operation, plans new mine in Uruguay
London-based Bond International Gold (TSE), also known as BIG, has become a little smaller. After recently selling a portion of its Australian mining interests near Kalgoorlie’s “Golden Mile” area, BI…