1990

Using a public financing completed in July, Fortune Bay Resources (VSE) will begin trenching and drilling on its Isle Aux Mort gold property this month. Fortune will be investigating a sheeted quartz …

The results of a preliminary feasibility study on the newly acquired Lincoln project has management of Seine River Resources (VSE) optimistic the historic former producer can be developed into a moder…

A recent survey shows a steady growth in the use of incentive schemes by miners in the U.S. Of the 156 mines surveyed, 42% reported that they have a bonus plan in place, compared with 35% last year, 2…

Core from the first four surface holes drilled this season on Tenajon Resources’ (TSE) SB property near Stewart, B.C., is reported to contain intersections with “significant sightings” of visible gold…

Recent drilling by Liberty Gold (VSE) on its gold-copper porphyry project near Lac La Hache, B.C., is reported to have intersected over 300 ft. of visible native copper. The company said hole six was …

The Ministry of Natural Resources (MNR) is today developing an anti-northerner policy over large areas. Roadside picnic tables, for example, have been removed and burnt. Other measures include: It wan…

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…

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 operations are set to resume next month at the old Tyranite gold mine, 12 miles west of Gowganda, Ont. Starting in mid-September, partners Tyranex Gold (COATS), GSR Mining Corp., and the Calgar…

Gold producer Galactic Resources (TSE) reported a loss of US$630,000 or 1 cents per share for its 1990 second quarter, compared with a loss of US$1.36 million or 4 cents per share for the 1989 second …

Nevada royalty specialist Euro- Nevada Mining (TSE) reported a profit in the 3-month period ended June 30. First quarter net income was $670,000 or 5 cents per share on revenues of $1.1 million compar…

The preferred series A and B shares of Denison Mines (TSE) took a heavy beating recently after the company said it would not pay out scheduled dividends on both sets of shares. On Aug. 20, the first w…