A $4-million exploration budget has been drawn up for 1989 for the Cape Ray gold project of Dolphin Explorations (TSE), the program to include about 30,000 ft of surface drilling. Dolphin has spent ab…
Surface sampling has returned anomalous gold-silver values on Exmar Resources’ (VSE) Yak Lake property on Newfoundland’s Baie Verte Peninsula. The company says recent surface sampling has yielded valu…
Metallurgical test work has demonstrated a 95.4% gold recovery rate from drill core samples taken on the Turquetil property owned by Noble Peak Resources (ASE) and Dejour Mines (TSE). The property is …
Robert M. Ginn (right), president of The Prospectors and Developers Association of Canada, is presented with a permanent prospectors licence by Ontario’s mines minister Sean Conway. Ginn was recognize…
Recently completing a $400,000 flow-through financing with CMP 1989 Resources Partnership and Co. Ltd. was Minefinders Corp. (VSE). The company says it will be issuing shares to CMP at an average pric…
Week’s Price (US) Change Gold* $365.70 +$ 4.10 Silver* $ 5.24 +$ 0.01 Platinum* $495.60 +$11.85 Nickel** $ 5.24 -$ 0.23 Lead** $ 0.29 -$ 0.02 Copper $…
A shareholder protection rights plan adopted late last year by Pegasus Gold Inc. (TSE) to prevent coercive takeover activity was ratified by shareholders at the company’s recent annual meeting. Pegasu…
Explanations of the current exploration boom in Newfoundland and the bust in Nova Scotia were offered at a recent Maritime Minerals Exploration Discussion Group gathering in Halifax. Although 1987 was…
A release by the Geological Survey of Canada (GSC) of results from a heavy mineral geochemical survey near Rimouski, Que., has generated a small-scale staking rush with Citadel Gold Mines (TSE) emergi…
A mineable ore deposit has yet to be found deep beneath Queenston Gold Mines’ (TSE) Kirkland West claims near Kirkland Lake, Ont., shareholders were told at the company’s recent annual meeting in Toro…
A supply deficit of platinum is expected to continue, Johnson Matthey says in its latest annual review of the industry, Platinum 1989. The platinum industry authority reports demand last year rose by …
MPV BGR Central Capital Net value $11.54 % $ 6.00 % $0.58 Price $ 9.625% $ 5.50 % $0.46 Discount $16.59% 8.3% 26.1% Value $68,735,288 $100,964,924 N/…
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