News

Blue Emerald options Lac St. Jean properties

A group of exploration properties totalling some 377 claims in the Lac St. Jean area of Quebec has been optioned by Vancouver-listed Blue Emerald Resources. Subject to regulatory approval, Blue Emeral…


Corona has interests in Newhawk, Messeguay

Shareholding positions in two juniors were recently reported by Corona Corp. (TSE). The gold producer announced it will purchase a further 177,830 shares in Newhawk Gold Mines (TSE) through a private …


FINANCING (June 26, 1989)

Blake River Expls — final rec iss offer 1,140,000 @ $1.35 per sh to net $946,200. VANCOUVER Labyrinth Res — gross proceeds rec $192,500. Jordex Res — 500,000 sold for gross $250,000. Newgate Res –…



Belmoral, Wrightbar plan amalgamation

A letter of intent has been entered into between Wrightbar Mines (ME) and Belmoral Mines (TSE) whereby Wrightbar will be amalgamated with a wholly-owned Belmoral subsidiary. Gold-producer Belmoral own…



How some base metal deposits compare

Representative tonnage and grade figures for some volcanic associated massive sulphide deposits in the Superior Province (Quebec and Ontario) Tons of ore Oz/T Oz/T M…


Alberta Stock Exchange Savanna basks in Aur

An investment community hungry for a major base metals strike to get its teeth into has taken a big bite of Aur Resources and partner Societe Miniere Louvem and their copper and zinc-rich massive sulp…


Skyline updates geological reserve estimate

A 28% increase in geological reserves was announced by Skyline Gold Corp. (TSE) for its 100%-owned Johnny Mountain gold mine project located in the Iskut River area of northwestern British Columbia. T…


More drills head for Aur find

Three drills are currently at work probing the depths of the Louvem base metal property owned by Aur Resources (TSE) and Societe Miniere Louvem (TSE), 15 miles east Val d’Or, Que. The recent discovery…



Montreal Exchange Deposit stirs investors

Interest by investors in a massive sulphide find at Val d’Or, Que., continued throughout the week, with shares of both the principal players, Aur Resources and Societe Miniere Louvem (and Louvem’s maj…


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