COATS Trading Features (February 27, 1989)
The total value of trades on COATS increased to more than $41 million last month, up from a low of $22 million during December. Asquith Resources was a busy trader this week with 79,000 shares changin…
News
Gold Bar completes Chester Twp. drilling
A drill program consisting of 5,000 ft in six holes has been completed by Gold Bar Resources (COATS) and Canadian Gold Resources (ASE) on their Chester Twp. property near Gogama, Ont. The recent progr…
FINANCING (February 27, 1989)
VANCOUVER Shiva Venturees Inc — min 360,000 offered @ 40 cents per sh. American Girl Res — 1,000,000 sold for gross $170,000. Castle Minerals Inc — 450,000 sold for gross $180,000. Sleeping Gold -…
News in Brief (February 27, 1989)
South Pacific Gold has changed its name to Western Carlyle Concepts Inc. (WCL:VSE) on a share- for-share basis. *…
Sphinx acquiring interest in Gordex
A $2.5-million debenture, convertible into common shares of Gordex Minerals (TSE) at 70 cents per share, has been acquired by Sphinx Mining (ME). The debenture will last five years and bear an intere…
Earnings Reporty
Brunswick Mining and Smelting (TSE) reports net earning for the fourth quarter of $14.83 million or 41 cents per share. For the same period a year earlier the company reported net earnings of $7.8 mi…
St. Genevieve — Gold Vessel
St. Genevieve Resources (TSE) is effecting a normal course purchase to increase its interest in Gold Vessel Resources (ASE). St. Genevieve currently has a 22.5% interest in Gold Vessel; it intends to …
Can Mac results from N.W.T. bet
A first phase 3,394-ft drill program has been completed by Can Mac Exploration (VSE) on the company’s Mon gold property. Located 30 miles north of Yellowknife, N.W.T., the Mon claims were originally a…
FirstMiss earnings
FirstMiss Gold (NASDAQ) reported net earnings of $1.7 million or 10 cents per share for the six months ended Dec 31, 1988 compared to $930,000 a year earlier. The increase was due to interest earned o…
Dickenson head …..para 12 insert…
Meanwhile, Dickenson has applied to the Ontario Securities Commission (OSC) for an order directing Corona (or, specifically, Corona Minerals, the company’s wholly-owned subsidiary which is making the …
High grade zinc find
A high grade zinc discovery has been made by partners VSM Exploration (ME) and Serem- Quebec, the Quebec government mining agency. Located 40 km northeast of Quevillon, Que., the discovery was made on…
High grade shoots found at United bet
United Gold Corp. (VSE), which recently became part of the Northgate Exploration (TSE) group, is carrying out additional exploration at its Clio gold property in California. The Clio property is situa…