Montreal Exchange Active staking area
Prices for resource stocks in general turned upward this week, with the mining and minerals index recording a jump of more than 34 pts. The market portfolio was also better, up almost 21 pts. Daily tr…
News
Cameco decision on Hanson hinges on results of drilling
Drilling is expected to wind down by month- end at the Hanson Lake project of Cameco in northern Saskatchewan. Results from the program will help determine whether Cameco exercises its right of first …
Noront flow-through
Noront Resources (VSE) has agreed to place a total of $1.16 million of flow-through shares with two flow-through funds. The money will be spent on the exploration of properties in Newfoundland and in …
Westmin, Tanqueray and Estaurum drilling on Little Stull property
Partners Westmin Resources (TSE), Tanqueray Resources (VSE) and Estaurum Mines (ASE) say that drilling on their Little Stull gold property in Manitoba is establishing continuity in the three western s…
Letters to the Editor Scepticism on Mt. Milligan unwarranted
Continental Gold Corp.’s engineering team and I wish to suggest that your own concerns about the Mt. Milligan Project which you made public in your editorial of April 10 go beyond the bounds of health…
Varna increases stake in Tilt Cove
Varna Gold (ASE) has signed an agreement allowing it to buy the remaining 30% interest in the Tilt Cove property on Newfoundland’s Baie Verte Peninsula. The interest will be acquired from Gingrich Exp…
Editorial Blame it on flow through
There’s a new excuse for mining projects that don’t turn out the way a feasibility study said they would. Like most good excuses, this one can be used by just about anybody for just about any project….
LAC boosts interest in Quebec property
Recently increasing its interest by 15% in the polymetallic Eustis- Moulton Hill properties in Quebec’s Eastern Twps. region was LAC Minerals (TSE). LAC boosted its interest to 65% by paying $194,000 …
Cons. Jalna testing potential of Purdex bet
Based on encouraging results from its 1988 drill program, Consolidated Jalna Resources (VSE) is planning a further 30,000 ft of drilling for 1989 on its Purdex property located west of Kenora, Ont. Th…
Goldteck pleased with test work
Favorable results have been received from metallurgical test work carried out on drill samples from the Bellview property along Nevada’s Carlin Trend, Goldteck Mines (TSE) reports. The results indicat…
Kidd Creek purchase by Noranda rumored
A street rumor that Noranda Inc. (TSE) has offered to purchase the copper-zinc Kidd Creek mine from Falconbridge Ltd. (TSE) has been discounted by both companies. Noranda Minerals President Keith Hend…
Newhawk continues underground program
With an interim budget of $2.3 million, Newhawk Gold Mines (TSE) is continuing exploration on its 60%-owned Sulphurets project in northwestern British Columbia. Granduc Mines (TSE) holds the remaining…