Alberta Stock Exchange (October 07, 1991)

Toronto-based Noble Peak Resources topped the most active list for the week ended Oct. 2 with a single block trade. The block, which represents the last of the company’s flow-through shares, was bought primarily by Noble Peak shareholders. Noble Peak lost four cents on the trade to close at 15 cents.

Placer Dome is earning a 65% interest in the junior’s Southwin gold project in the Northwest Territories by spending $5.5 million and making staged payments of $635,000.

Eden Roc Mineral picked up five cents to 95 cents after the company completed a US$2.5-million private placement with the Africa Growth Fund. Proceeds of the placement will be used to bring Edon Roc’s Ivory Coast gold property to commercial production.

Marshall Minerals, Eden Roc’s parent, remained unchanged at $1.25 on moderate volume.

Driving a ramp into its gold property near Wawa, Ont., Monk Gold & Resources has hit greater-than-anticipated widths of gold mineralization grading up to 0.28 oz. per ton in the host tuff and 1 oz. in quartz veins. At a vertical depth of 100 ft., Monk hit about 20 ft. of mineralization with potential for extension along strike and to the south.

Trading 153,100 shares, Monk lost six cents to close at 30 cents. A newcomer to the exchange, Match Capital Resources is active in oil and gas and mineral exploration in Canada. The company has gold properties near Kenora and Larder Lake, Ont. Match did not trade during the week.