Tarzan results from Joburke
Additional drill results have been received by Tarzan Gold (ASE) from the company’s Joburke property near Timmins, Ont. Noranda Exploration is the project operator. Two holes completed in the North zo…
News
Malartic bid for Gold Texas fails
Despite the fact its recent tender offer was unsuccessful, Malartic Hygrade Gold Mines (VSE) has not ruled out acquiring additional shares of Gold Texas Resources (VSE). Malartic has slightly under 20…
Eiffel Tower coin
A 5-franc Eiffel Tower coin is being minted in both gold and silver by the Monnaie de Paris to commemorate the 100th anniversary of the popular French tourist attraction. The Eiffel Tower coin will be…
Metal Prices (April 17, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 11 Apr 10 Apr 7 Apr 6 Apr 5 Copper 19…
Court case tries patience of Comaplex shareholders (April 17, 1989)
Comaplex Resources (TSE) President George Fink says he is a patient man but his tolerance level is being severely tested by one of the most complicated and unusual investigations in recent mining hist…
Oneida plans to drill Arizona gold property
A 5,000-ft drill program is planned to begin this month on the Mexican Hat gold property owned by Oneida Resources (VSE). Located in Arizona, the Mexican Hat property covers a 4,000-ft long structure …
Granges to continue drilling Gurney project
Encouraged by recent drill results from the Gurney project east of Flin Flon, Man., Granges Exploration (TSE) and partner Mid-North Resources (VSE) intend to step up the pace on the Manitoba gold proj…
Preliminary study completed at QR
Based on the results of a recently completed preliminary study, QPX Minerals (TSE) says the Main zone of the QR gold deposit could be mined by open pit methods on a stand-alone basis for over five yea…
Encouraging results from Eskay Creek
Some more encouraging assay results have been returned from the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) north of Stewart, B.C. The holes are part of a 45,0…
Gold funds as of April 11
BGR Goldcorp Central MVP Capital Net value $12.03 8.95 6.46 0.72 Price $9.125 5.125 5.62 0.49 Discount $24.15 42.7 12.9 32 Value …
Gunsteel, Nu-Dawn work out innovative milling deal
Raising money to bring a small gold mine into production is no easy task for junior mining companies these days, which may account for the innovative arrangement worked out by Gunsteel Resources (VSE)…
News in Brief (April 17, 1989)
Cambria Resources has changed its name to On Wah Investments Corp. (ONW:VSE) on a share for share basis.