VSM resumes drilling at Grevet base metal bet
Drilling has resumed on VSM Exploration’s (ME) Grevet base metals project southeast of Matagami, Que. A majority of the drilling will focus on defining and expanding reserves on the Grevet M property,…
News
Malartic gains Val d’Or gold property from Audet
Malartic Hygrade (VSE) has acquired from the Audet family, a 20-claim property in Bourlamaque Twp. Que., two miles east of the Sigma and Lamaque mines in Val d’Or. The claims are within 10 miles of th…
Pelham sells stake
Pelham Gold “N” Grain (ASE) has sold its interests in the Wonder property in Nevada. Spinnaker Resources, a private company, has acquired Pelham’s contract giving it the right to earn an interest in t…
Golden Dragon stakes Lac St. Jean claims
Recently staking 165 claims in the Lac St. Jean area of Quebec was Golden Dragon Resources (VSE) and its joint venture partners Glen Auden Resources (TSE) and Tarzan Gold (ASE). The claims cover a nor…
Cominco finds success in Chile
Since its formation two years ago, Cominco Resources International (TSE) has met with considerable success in the Andes mountains of Chile. The globetrotting company is now poised to see gold producti…
COATS (Over-the-counter) Brewbac active
A busy trader among junior mining issues this week was Brewbac Resources whose main asset is a 24-claim property in Bourlamaque Twp., east of Val d’Or, Que. In adjacent Louvicourt Twp., Aur Resources …
News in Brief (July 31, 1989)
TAB Ventures Corp. has changed its name to Nu-Sky Exploration Inc. (NSY:VSE) on a share-for-share basis. Transfer agent is Montreal Trust Company of Canada.
Toronto Stock Exchange Indices (July 24, 1989)
1989 July 18 July 17 July 14 July 13 July 12 HIGH LOW Composite “300” 3853.35 3854.74 3849.20 3842.44 3837.44 3854.74 3353.13 Metals & Minerals 3289.11 3348.46 3371.88 33…
Keep 1872 Mining Act, says Mining Congress
The American Mining Congress has launched an aggressive campaign against proposed changes to the Mining Law of 1872. The legislation, which was introduced last month in the U.S Congress, contains eigh…
Toronto Stock Exchange Aur, Louvem hit new highs before trading
An all-day trading halt put the brakes — albeit likely just for a day — to a buying frenzy in the shares of Aur Resources, Societe Miniere Louvem and St. Genevieve Resources. On July 18, Aur and Lou…
Alberta Stock Exchange Louisiana moves up
As the North American exploration season approaches its peak, there was plenty of action to consider on the Alberta Exchange this week. Louisiana Mining, which has been active lately, gained 43 cents …
Montreal Exchange Orex, Louvem dominate
This week’s trading was dominated by two separate events: the continuing excitement over the Aur-Louvem base metal find near Val d’Or, Que., and the rich assay results released by Explorations Orex. T…