ASE juniors sign Nevada option
Although best known for holdings in northwestern British Columbia, Integrated Resources (ASE) and Capra Minerals (ASE) recently announced plans to acquire a 45% interest each in a Nevada gold project….
1990
Tulsequh drilling results batter Redfern
Recent drilling results from the Tulsequah Chief project in northwestern British Columbia helped initiate a free fall in the share price of Redfern Resources (TSE). The junior has earned a 40% interes…
Yukon, NWT to hold geoscience forums
The 18th annual geoscience forum will be held in the Yukon, Nov. 25-28, and in the Northwest Territories, Nov. 27-29. The Yukon forum will include a seminar on acid rock drainage. And the NWT’s techni…
Vancouver Stock Exchange No end in sight to market slide
The Vancouver market renewed its slide over the period ended October 30, with the Composite Index shedding almost 17 points to finish at 524.46 while the Resource Index followed suit for a 28-point lo…
U.S. REPORT Koval farms out Montana prospect
Vancouver-based Barkhor Resources (VSE) will have the option to earn an interest in the Uncle Sam prospect near Sheridan, Mont., following an agreement with Calgary- based Koval Resources (ASE). By sp…
U.S. REPORT Denton-Rawhide to produce 80,000 oz. annually
The Denton- Rawhide mine is named after the town of Rawhide, a turn-of-the- century Nevada boom town which at its peak had over 10,000 inhabitants. The real money was likely made in the brothels and b…
EDITORIAL PAGE Exploration needs renewed commitment
Difficult times call for a renewed commitment to exploration. From a public policy point of view, any hope of maintaining a strong mining industry requires finding the deposits that will be mined tomo…
U.S. REPORT Placer closing mercury mine
Operations at the McDermott mercury mine in Nevada of Placer Dome U.S., a unit of Placer Dome (TSE), will be suspended by the end of November, the company says. Placer has a 51% interest in the operat…
Letters to the editor Volunteers needed for rock shop
Over the last couple of years I have volunteered some of my time at the rock shop housed in the Ontario Science Centre in Toronto. This is an area where the public can examine rock and mineral samples…
EDITORIAL PAGE Taxed to death
Governments just can’t handle money. The more they get, the more they spend. Politicians just do not have the backbone to say no to any request that carries even the slightest whiff of votes. The resu…
Steel consumption expected to decline
Despite eventual possible economic fallout from rising oil prices, 1990 is likely to be a peak year for steel consumption in the Western World, said the secretary general of the International Iron and…
COATS (over-the-counter) Windy extends zone
Drilling results from Windy Mountain Explorations’ MacLeod Lake property near Chibougamau, Que., indicate that the low-grade copper deposit extends past a block of previously outlined reserves. Result…