Gold funds as of Feb. 21
BGR Goldcorp Central MVP Capital Net value $11.89% 8.65 6.45% 0.81% Price $9.125% 5.750 5.50% 0.65% Discount $ 23.25% 33.5% 14.7% …
News
Gracie-St Joe reserves upped
LAC Minerals (TSE) has increased reserves on two properties accessible from LAC’s Macassa gold mine near Kirkland Lake, Ont. Reserves on the Gracie and St Joseph properties are estimated at 337,400 to…
Montreal Exchange Graphite gets attention
Early assay results indicating a rich graphite find in Quebec, near the town of Fermont and the Labrador border, have placed the spotlight on Mazarin Inc., which is in the midst of a winter drilling p…
Northgate/Westfield sell 15% Whim Creek interest
Toronto-based affiliates Northgate Exploration (TSE) and Westfield Minerals (TSE) have agreed to sell their combined 15% stake in Whim Creek Consolidated of Australia for $39 million(A). Australian mi…
Spot prices at a glance Price Week’s ($US) Change($) Gold Silver
Courtesy of Scotiabank. Information above believed to be from reliable ** ** sources, but not guaranteed by Scotiabank or The Northern Miner. ** *London A.M. Fix, per oz. **LME settlement, per lb. -Gr…
Early assay results indicate rich Mazarin graphite deposit
A winter drilling program in the Fermont area of Quebec by Mazarin Inc. (TSE) has uncovered a rich flake graphite deposit. First assays indicate an average grade at the Lac Knife main zone of 16.8% gr…
Editorial Panic button
From a speech by Canamax Resources President John Hansuld at the Ontario Ministry of Northern Development and Mines’ annual regional geoscience seminar in Thunder Bay Feb 7-8. It seems obvious to sa…
People (February 27, 1989)
MAGMA COPPER CO. — Judd R. Cool and Simon D. Strauss elected to the board of directors bringing the total number of directors to 11. * *…
Cornelius Campbell
Cornelius J. Campbell, a well- known prospector in northern Quebec since the 1930s, died in Rouyn- Noranda Feb 12, at the age of 84. During his long career in the exploration industry, “Con” Campbell …
earnings Reports
Malartic Hygrade (TSE) reports net earnings for the year ended Dec 31 of $743,430 or 20 cents on revenue of $1.41 million. For the same period a year earlier the company reported net earnings of $2 m…
United Lincoln tests depth, gold potential at Mt. Milligan
Assay results were released for four recent holes drilled on the Mt. Milligan gold/ copper project near MacKenzie, B.C. United Lincoln Resources (VSE) is operator and owns 70% while partner BP Resourc…
Rochester options Nevada bet to Billiton
Vancouver-based Rochester Minerals (VSE) has granted Billiton Minerals USA an option to earn a 70% interest in its Cherry Creek property located 60 miles north of Ely, Nev. Billiton Minerals is a unit…