Huntington results return low values
Another eight drill holes have been released by Huntington Resources (VSE) for its Brett property near Vernon, B.C. Two out of eight holes returned no significant assays and values in the remaining …
News
Metal Prices PRODUCER PRICES (November 21, 1988)
ALUMINUM: MW U.S. Market $1.10-$1.125 per lb. (Nov 10, 1988). ANTIMONY: New York dealer 95 -$1.00 per lb. (Nov 3, 1988). BISMUTH: New York dealer $6.05-$6.25 per lb. (Nov 10, 1988). CADMIUM: New York …
Monte Carlo Gold president resigns
Gordon Leliever, former president and major shareholder of Monte Carlo Gold Mines (ASE) has sold his control block of Monte Carlo shares to a group of investors headed by Robert Salna of Richmond Hill…
Granges drilling on Giant Gripp
Drilling by Granges Exploration (TSE) on the Giant Gripp base metals deposit in Ontario has yielded one of the best intersections yet from that deposit. A Granges spokesman confirmed that the company …
News in Brief (November 21, 1988)
Hecla Mining Co. has declared a dividend of 5 per share payable on Dec 16, to shareholders of record on Nov 18.
Queries Inverness victim of 1929 market crash
An old stock certificate for 500 shares of Inverness Mines Ltd. turned up among my mother’s things after her recent death. Please determine if the stock has any current value. John Macfie Parry Sound,…
Pamorex/Queenston sign Beaver deal
Pamorex Minerals (TSE) has signed a letter of intent to earn a 51% interest in Queenston Gold Mines’ (TSE) Upper Beaver mine gold property. Located about 15 miles east of Kirkland Lake, Ont., the Uppe…
Athabasca find looks interesting
A gold discovery has been made by Athabaska Gold Resources (VSE) on its Nicholas Lake property 60 miles north of Yellowknife, N.W.T. The property is geologically similar to the old Discovery mine six …
LAC/Jonpol joint venture
LAC Minerals (TSE) and the Jonpol group of companies have signed a joint venture agreement for the exploration and development of their properties in Garrison Twp., 30 miles northwest of Kirkland Lake…
Editorial Why not sell water?
How often has it occurred to some would-be entrepreneur that if there was a way to bottle the pure, fresh air of a spring morning in the great Canadian outdoors, they would be a millionaire. There’s a…
TSE Short Positions (November 21, 1988)
Semi-monthly report as of Oct 31 showed 26,749,239 shares of 615 issues compared with 25,740,158 shares of 592 issues on Oct 15. Larger individual positions include: Amca Int’l 148,700; Amer Barrick 9…
Louvem financing
The issue of rights to its holders of common shares for the sub- scription of flow-through shares amounting to $1.3 million will not proceed, Louvem Mines (TSE) reports. Instead, the company has accep…