Gold funds as of Jan 30
MVP BGR Central Capital Net value $12.53 $6.44 $0.44 Price $11.75 $7.00 $0.40 Discount 6.23% 8.7% 9% Value $74,596,963 $108,36…
News
Moss, Power merge
An amalgamation agreement has been signed between Moss Resources (ME) and Power Explorations (TSE) to form Moss-Power Resources (TSE). Under the terms of the agreement, which requires shareholder appr…
LAC gets good values on Jonpol bet
Good grades and widths are being confirmed by underground drilling on the Garrison Twp. gold project owned by Jonpol Explorations (TSE) and T & H Resources (TSE) in northeastern Ontario. The property,…
Bunker Hill surpasses 2,000 tons per day
At a time when many other base metal producers are paring back production or closing operations outright, Bunker Hill Mining (TSE) is continuing efforts to increase throughput. Production at the compa…
Books in Review King’s essays describe ore-genesis theory
The Rocks Speak, a recently published collection of essays by Haddon King, contains his recollections and musings over a long career in mineral exploration. He has visited and critically examined most…
Granges exploring Terragold project
Vancouver-based Granges (TSE) is evaluating several gold showings at a former copper producer in the Baie Verte region of Newfoundland, having optioned the property from Terragold Resources (ASE). Und…
Ontario to lift part of Cobalt-area land caution
The Ontario government recently announced it has reached an agreement with the Bear Island Indian Band clearing the way for mineral exploration of 1,100 sq. km of land that has been frozen to explorat…
Stanleigh still open but Rio closing other Elliot Lake mines
Rio Algom (TSE) will consider selling its Quirke and Panel uranium mines in Elliot Lake, Ont., — scheduled to close in mid-1991 — if suitable offers are made, a company spokesman told The Northern M…
Monique financing (February 05, 1990)
Monique Exploration (ME) has entered into a financing agreement with La Societe en Commandite Monique II worth $250,000, the proceeds to go toward mineral exploration. Monique will issue 250,000 commo…
Rio Algom eyes B.C. copper bet
A porphyry copper-gold prospect held by a unit of BP Canada (TSE) and Digger Resources (VSE) north of Fort St. James, B.C., has attracted the attention of Rio Algom (TSE). Rio Algom signed a letter of…
Teck funding gives Lysander cash for copper-gold prospect
Junior Lysander Gold (VSE) is planning to use the proceeds of a private placement by Teck (TSE) for ongoing exploration of the Cat Mountain project where widespread copper-gold mineralization was foun…
Coeur d’Alene profits with low prices
Even with the relatively low price of gold and silver during 1989, Coeur d’Alene Mines (AMEX) maintained a profit for the nine months ended Sept. 31. Net income for the nine months was US$5 million or…