Companies honored for reclamation programs
Five British Columbia companies were honored for their reclamation programs at the mine reclamation symposium held earlier this month in Vernon, B.C. “These awards recognize first- class research, inn…
News
St. Genevieve buying Pamorex interest in bet
A letter of agreement has been signed between St. Genevieve Resources (TSE) and Pamorex Minerals (TSE) whereby St. Genevieve will acquire the 50% interest of the latter in the Granada property in Rouy…
More mining companies looking to South America for rewards
The search for low cost, high quality gold deposits is taking an increasing number of Canadian firms into the jungles and mountains of Central and South America. Gold analysts say that as South Africa…
Metall offering filed but size not available
Toronto-based Metall Mining (TSE) recently filed a preliminary prospectus for a public offering of subordinated convertible debentures. Metall said the debentures will be convertible into common share…
IOCC GOLD OPTIONS (June 19, 1989)
Options Open Series Volume Last Interest Aug 370 C . 158 7.00 552 Aug 380 C . 999 4.00 1,792 Aug 390 C . 261 2.50 1,690 Aug 400 C . 167 1.50 2,570 Aug 420 C . 187 1.00 1,49…
Editorial Universality will break the country
If the Canadian government is ever going to gets its deficit whittled down, it is going to have to take more drastic action on spending cuts than it has. There’s no way any impact can be made by makin…
Guinness, Power release results
Partial assay results were released recently from the Guinness Gold (ASE), Power Exploration (TSE) joint venture project at Randall Lake in northwestern Ontario. Under an agreement, Guinness is entitl…
Obituary (June 19, 1989)
Daniel Audet, a well-known and respected prospector, died recently after a lengthy illness. Born in 1908, Audet prospected throughout Canada, particularly in Ontario and Quebec. In 1985 he was named “…
Giant Yellowknife has plans for Akaitcho
An agreement to provide for the exploration and possible development of the Akaitcho mine property at Yellowknife, N.W.T., has been entered into by Giant Yellowknife Mines (TSE) and Supercrest Mines. …
Four rigs drilling at Mt. Milligan
With four drill rigs still working to expand reserves, Continental Gold Corp. (VSE) has released additional assays for its 70%-owned Mt. Milligan gold-copper project near Prince George, B.C. BP Resour…
Successful Exploration Requires Skill and Luck
From a speech by Donald W. Kohls, vice-president and chief consulting geologist of Gold Fields Mining Corp., to the American Mining Congress Mining Convention ’88 in Denver, Colo. Successful explorati…
Corona successful in Avalon offer
An offer to purchase all of the outstanding common and preferred shares of Avalon Corp. has resulted in Corona Corp. (TSE) obtaining majority ownership of the North American oil and gas company. Coron…