Macree Resources (COATS) has received a letter of intent from Yorkton Securities of Toronto for a $500,000 common share underwriting. Proceeds of the offering will be partially used for general corpor…
The Newfoundland Department of Mines and Energy’s thirteenth annual open house and review of activities begins Nov 2, 1989, at the Radisson Plaza Hotel in St. John’s, Nfld. Once again, the department’…
A significant gold discovery has been made by Noranda Inc. (TSE) on property held under option from Glimmer Resources (VSE). The 14-claim property is in Beatty and Hislop twps., about 45 miles east of…
Results from a surface trenching program on the Talbot Lake property owned by Placer Dome (TSE) and Golden Crescent Resources (ASE) in northwestern Ontario include 5.6 ft grading 1.08 oz gold per ton …
An independent calculation of drill-indicated reserves on Athabaska Gold’s (TSE) Nicholas Lake property in the Northwest Territories has resulted in a new reserve figure. The property is about 60 mile…
Canyon Resources (NASDAQ) has exercised an option to buy the assets of Addwest Gold for $33 million(US) plus a 2% royalty on gold production from the Briggs property in California. The option to acqui…
Tanqueray Resources (VSE) and its partners Aber Resources (TSE) and Oliver Gold (VSE) have started a drill program on their 46,750-acre Kitsault Lake gold property south of Stewart, B.C. The property …
MVP BGR Central Capital Net value $11.72 $5.94 $0.57 Price $10.25 $5.50 $0.26 Discount 12.54% –7.4% 54-4% Value $69,758,508 $ 99,910,632 N/A…
It was a long climb, but the Montreal Exchange’s general market portfolio index this holiday- shortened week rose to a new high, despite a downturn by resources issues. The market portfolio, up 22.5 p…
A 10,000-ft drilling program is planned by Armistice Resources (ME) for its Virginiatown, Ont., gold property, shareholders were told at the recent annual meeting in Toronto. The drilling, to cost $75…
Bill Roscoe of Roscoe Postle Associates will deliver a talk Oct 19 on mining property values and the 1987 stock market crash. The event, jointly sponsored by The Canadian Institute of Mining and Metal…
The bull market for nickel may be nearing an end, but a price collapse does not appear to be in the works, at least according to two analytical sources. The base metal, which climbed to $10.84(US) per…
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