News


Thorco to purchase Scottish gold bets

Toronto-based Thorco Resources (TSE) has signed a preliminary agreement to acquire a controlling stake in over one million acres of Scottish gold and silver mining licences. Under the proposed agreeme…


FINANCING (July 17, 1989)

Galico Res — gross proceeds rec $236,250. Goldhill Res — gross proceeds rec $392,000. Pars Res — gross proceeds rec $230,000. Arnica Res — gross proceeds rec $280,000. Brockton Res — gross procee…


Chesbar gets land in Lac St. Jean

Chesbar Resources (TSE) has entered the Lac St. Jean base metals play in Quebec. The company has a deal with a private company giving it the right to buy a 100% interest in 377 claims in the area. The…


Orofino may limit Canuc program if results poor

Toronto-based Orofino Resources (TSE) has informed Canuc Resources (TSE) that it is embarking on a limited summer exploration at Canuc’s Coronation Gulf gold project in the Northwest Territories. By s…


Nerco buys interest in Black Swan Gold

Nerco Inc. (NYSE) has completed the purchase of a 19% interest in Black Swan Gold Mines (VSE). The private placement, which was done through a subsidiary, Nerco Minerals Canada, involved the purchase …




Reno hosts Gold ’89

The World Gold ’89 conference will be held in Reno, Nev., Nov 5-8, 1989. The theme will be breakthrough processes in exploration and gold metallurgy. Topics of discussions will include gold mine plann…


Battle for Atlanta still not over

The battle for control of Atlanta Gold Corp. (TSE) took another turn as U.S. Gold Corp. (NASDAQ) challenged the validity of certain proxies voted in favor of management at Atlanta’s recent annual meet…



Centurion/Western States joint venturing new mine

Adding to its board of directors appears to have been an astute move for Centurion Gold (NASDAQ). After years of indecision the company has finally moved to exploit the potential of its long dormant Z…


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