News


Financing (September 26, 1988)

ONTARIO Alterio — final rec iss offer min 625,000 & max 1,250,000 @ 80 cents per unit to net min $465,000 & max $930,000. VANCOUVER Camas — gross proceeds rec $200,000. Gold Torch — gross proceeds…


Canaustra plans drilling at Flatwater

Canaustra Gold Exploration (VSE) has agreed to allow a private Newfoundland company, Eastern Minerals, earn a 50% interest in the Flatwater Pond property, located on the Baie Verte Peninsula of Newfou…



People (September 26, 1988)

SHILOH RESOURCES — Thomas O’Connor appointed to the board of directors succeeding Mervin L. Judd who has resigned.


First gold bar for Bond Int’s

The first gold bar has been poured from the Golden Patricia gold mine owned by Bond Gold Canada, a wholly-owned affiliate of Bond International Gold (NYSE). Located west of Pickle Lake, Ont., the mine…



Battle Mountain to drill Australian gold property

Drilling is scheduled to begin this month at Battle Mountain Gold’s (TSE) Fullstop property in Queensland, Australia. The company has the right to earn a 51% interest in the 105 sq m property for an e…


Shaft deepening contemplated at Bachelor Lake

Bachelor Lake Gold Mines (TSE) is contemplating a shaft deepening program to open up a 12th level at the Desmaraisville mine operation in Quebec. Hampered by a high dilution factor, the Bachelor Lake …


Fischer-Watt drills Delamar property

A 5,000-ft exploratory drilling program has been completed by Fischer-Watt Gold Company on its Delamar property in Lincoln Cty., Nev. The company controls 144 claims in the district with six identifie…


Montreal Exchange Douay results pleasing

A falling gold price (near US$400 per oz at this afternoon’s London fix) might turn off some investors, but in Montreal this past week metals issues showed a small gain — the mining and minerals inde…


Inco’s first gold mine opens

While pouring the first gold bar from the East zone of their Golden Pond project in the Casa Berardi region of northwestern Quebec, Inco Gold and Golden Knight Resources (TSE) announced drill results …


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