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 …
News
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…
Obituary (November 21, 1988)
George Goldak, president of Golden Marlin Resources, died suddenly in a recent accident in Saskatoon. He was 51. Born in Prince Albert, Sask., on Dec 12, 1936, Dr Goldak attended the University of Sas…
Equinox to earn interest in massive sulphide project
An extensive metallurgical and underground evaluation program initiated by Equinox Resources (TSE) is now in progress on a polymetallic massive sulphide arsenical gold deposit located 32 km north of R…
Golconda Res. trades heavily before testing Morning Glory
An announcement that Golconda Resources (ASE) is about to start drilling on the Morning Glory gold property in Idaho sparked a high degree of interest in the Calgary company recently. In a day of heav…
Eastmain drill program starts
A $225,000 flow-through share placement completed by Eastmain Resources (TSE) will fund exploration on properties held 100% by the company in the East main area of northern Quebec. Drilling is schedul…
Golden Briar’s Estrades bet subject to future drilling
Golden Briar Mines (ME) is preparing to resume drilling at its Estrade Twp., polymetallic property in the Casa Berardi, Que., region after discovering a large mineralized zone. Under an option agreeme…
Echo Bay plans new gold mine in Washington state
Echo Bay Mines (TSE) has announced plans to bring into production by early 1990 its Kettle River property in northeastern Washington state. Based on exploration to date and a mining plan developed by …
Interest in Mountain West tied to Goldfields find?
Mountain West Resources (VSE) has received several unsolicited expressions of interest about its Elkhorn property in Nevada since Homestake Mining dropped its option earlier this year. Funded by Homes…