News


Aston Resources

Aston Resources (VSE) has optioned a property in Pelletier and La Trappe twps., near Lac St. Jean, Que. Aston can earn a 100% interest in the 38-sq-mi Pike Lake property by making payments totalling $…



Northgate increases Geddes shareholding

Northgate Exploration (TSE) of Toronto recently purchased by way of private placement an additional 850,000 flow-through common shares of Geddes Resources (TSE) at $1.50 each. With 4,854,325 Geddes sh…


Mines ministers to meet in Sudbury

The 46th annual federal-provincial mines ministers’ conference will be held in Sudbury Aug 29-31. “I am very pleased that the government has recognized all that northern Ontario has to offer by select…


News in Brief (April 10, 1989)

Melrose Resources (VSE) has signed a letter of intent to purchase 20 claims in the Lac St. Jean area of Quebec. Terms of the agreement require Melrose to make payments totalling $10,000 and issue 100,…


Armistice drilling Sheldon, Kerr zones

A 35,000-ft underground exploration drilling program to expand the Sheldon zone and test the Kerr zone has been started by Armistice Resources (ME) at the company’s Virginiatown gold property in north…


Equinox advances J&L project to feasibility

After completing an extensive metallurgical and underground evaluation program, Equinox Resources (TSE) has advanced the J&L project near Revelstoke, B.C., to the feasibility stage. Equinox and partne…



Golden Star optimistic as Placer tables Omai results

The occupants of Golden Star Resources’ (ASE) executive suite are starting to feel a twinge of excitement over events at the Omai joint venture gold project in Guyana. While the completion date for a …


Three drills busy on Bitech’s Nugget Pond

The number of shares Bitech Energy Resources (ASE) has issued recently is probably the main reason for the decline in the company’s share price, not the failure of exploration work to live up to expec…


COATS Trading Features (April 10, 1989)

Top volume leader again this week was Hanson Mineral Exploration with more than half a million of its shares traded at 58 cents -83 cents . Hanson has amalgamated with Perch River Mines, a private com…


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