1990

Black Hawk plans 30,000 ft. drill program for Minago

A 20,000-30,000-ft. diamond drilling program is being planned by Black Hawk Mining (TSE) for the company’s Minago nickel property, 140 miles south of Thompson, Man. Black Hawk says the drill contract …


IOCC GOLD OPTIONS (August 27, 1990)

Options Open Series Volume Last Interest Nov. 380 C 304 38.50 747 Nov. 400 C 699 29.00 1,468 Nov. 410 C 772 25.00 1,263 Nov. 420 C 1,074 15.00 2,028 Nov. 430 C 1,115 16.90 1,311 Nov. 440 C 2,623 9.10 …


Metal Prices FREE MARKET (August 27, 1990)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date August 21 August 20 August 17 August 16 August 15 Copper 1542-1544 1552-1553 1577-15…


Asarco extends Taseko drilling

Additional assays were released by Westpine Metals (VSE) from recent drilling on the Taseko copper-gold project, 140 miles north of Vancouver, B.C. The drill program is being funded by a unit of Asarc…


Agnico raises $27.6 million for projects

Through a proposed public offering of 3.2 million units, Agnico- Eagle Mines (TSE) will raise $27.6 million for its exploration and development projects. The units, offered on a “bought deal” basis by…


Mining rate declining at Kidd Creek

Officials at Kidd Creek Mines, Falconbridge Ltd. and Noranda (TSE) are playing down suggestions that the world-class mining facility is on its last legs. For the past year there has been a growing con…


Ego financing

Toronto-based Ego Resources (TSE) has arranged a private placement of 1.25 million units at 40 cents per unit with Nanisivik Mines, a unit of Conwest Exploration (TSE). The units consist of a mixture …



Positive results from Tulsequah Chief

Impressive assay results from the first hole drilled this season at the Tulsequah Chief polymetallic project in northwestern British Columbia have prompted partners Cominco (TSE) and Redfern Resources…


Jury out on discovery in Galore Creek camp

Reports of a significant new discovery in the rugged and remote Galore Creek region of northwestern British Columbia have generated another flurry of speculative trading on the Vancouver Stock Exchang…


U.S. REPORT Oracle Ridge coming along

Production is expected to begin in the third quarter of 1990 at the Oracle Ridge project being developed by South Atlantic Ventures (VSE). The company reports that the mining contractor is proceeding …


Major General cuts visible gold on Dorothy Lake bet

Recent drilling on the Dorothy Lake gold prospect, 50 miles west of Pickle Lake, Ont., has yielded an encouraging high-grade gold value for owner Major General Resources (VSE). The Vancouver-based com…


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