Obituaries (July 31, 1989)
Lu Bayrock died recently at his home in Vancouver after a battle with cancer. A quaternary geologist, he successfully used his knowledge of glaciation as a consultant to the mining industry. He was cl…
News
Metina options Mishibishu claims
Metina Developments (VSE) and associate Manridge Explorations (TSE) have acquired an option to earn a 49% interest in 68 claims in the Mishibishu Lake area west of Wawa, Ont. Central Crude Ltd. (TSE) …
Vancouver Stock Exchange Continental Gold down 62^
Because junior gold mining issues are not on the top of most investors’ shopping lists, trading activity in Vancouver remained sluggish for yet another week. Brokers here say the only bright spot is a…
Geddes Windy Craggy keeps building reserves
One of the biggest undeveloped copper deposits in North America is getting bigger. Copper sulphide mineralization in the north zone of the Windy Craggy deposit in the alpine region of northwestern Bri…
Lord River program enhances potential
Some encouraging results have been reported by Lord River Gold Mines (VSE) from its Trout Creek property, 15 miles southeast of Carlin, Nev. Five holes totalling 2,280 ft were drilled in the central f…
Witte bounces back with Royal Oak Res.
A mere two months after she was squeezed out of the $150-million Colomac gold project, Margaret (Peggy) Witte is back in the mining business again. Undaunted by losing the huge Northwest Territories p…
FUTURES PRICES (July 31, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul115.00 113.30 114.25 + 3.80 Sep113.50 111.30 112.55 — .05 Dec109.20 1??.40 108….
Freewest in Nova Scotia
Freewest Resources (ME) has moved quickly to acquire ground near the Orex Explorations gold play in Nova Scotia. Freewest has staked 45 claims in the Upper Seal Harbour area, approximately two miles w…
Pioneer acquires stake in Big Bar Gold
By way of private placement and transfer of escrow shares, Pioneer Metals Corp. (TSE) will acquire control of Big Bar Gold Corp. (VSE) and its key asset, an option to earn a 49% interest in the Windy …
Toronto Stock Exchange Booming metals help composite reach new high
The metals and minerals index gave a helping hand to the composite index as it reached a new high this week of 3935.23 pts. Metals and minerals, which were up by more than 3% to 3415.96 pts, responded…
Eastmaque Gold records net profit
Eastmaque Gold Mines (TSE) reported net earnings of $682,225 for the nine months ended March 31. A net loss of 1 cents per share was recorded because of accrued dividends on the 8% outstanding prefer…
Noble Peak acquires BHP-Utah zinc deposit
Noble Peak Resources (TSE) has acquired a 100% interest in the Crypto polymetallic deposit in Utah from BHP-Utah International. BHP received one million Noble Peak common shares valued at $2.36 each. …