Alberta Stock Exchange Savanna basks in Aur
An investment community hungry for a major base metals strike to get its teeth into has taken a big bite of Aur Resources and partner Societe Miniere Louvem and their copper and zinc-rich massive sulp…
News
Skyline updates geological reserve estimate
A 28% increase in geological reserves was announced by Skyline Gold Corp. (TSE) for its 100%-owned Johnny Mountain gold mine project located in the Iskut River area of northwestern British Columbia. T…
More drills head for Aur find
Three drills are currently at work probing the depths of the Louvem base metal property owned by Aur Resources (TSE) and Societe Miniere Louvem (TSE), 15 miles east Val d’Or, Que. The recent discovery…
Aur Res./Louvem discovery ripples over Val d’Or camp
Major discoveries like the copper-zinc strike announced recently by Aur Resources (TSE) and Societe Miniere Louvem (TSE) in Val d’Or, Que., tend to have a ripple effect which brings neighboring claim …
Montreal Exchange Deposit stirs investors
Interest by investors in a massive sulphide find at Val d’Or, Que., continued throughout the week, with shares of both the principal players, Aur Resources and Societe Miniere Louvem (and Louvem’s maj…
INSIDER TRADES (June 26, 1989)
Bema Gold — G. Nordin sold 57,000 (May) @ $1.01-$1.05 to hold 545,516. Citadel Gold — Sherfam Ind. bought 833,176 (Apr, May) @ $1.15-$1.50 to hold 4,680,096. Cominco — Teck bought 244,879 (May, pri…
New environmental controls for CCR
Two new facilities were opened officially at the CCR refinery of Noranda Minerals in the east end of Montreal recently. The copper refinery, founded in 1931 and undergoing a modernization program, has…
Aurizon Mines aims for 24,000 oz in ’89
Quebec gold-silver producer Aurizon Mines (TSE) is projecting output of more than 24,000 oz for 1989. The Hughes-Lang company, created in 1988 through the amalgamation of Perron Gold Mines and D’Or Va…
Goldcorp facing legal battles in Dickenson/Kam-Kotia takeover
A takeover of associated companies Dickenson Mines (TSE) and Kam-Kotia Mines earlier this year has left Goldcorp Investments Ltd. of Toronto with a substantial loan payment and two lawsuits. Goldcorp,…
Eastmaque output to hit 95,000 oz gold by 1991
Expanding gold production from operations in Canada and the U.S. will lead to annual output of 95,000 oz by 1991 for Eastmaque Gold Mines (TSE), The Northern Miner has learned from Lukas Lundin, presi…
Dolphin planning $4-million program for Cape Ray bet
A $4-million exploration budget has been drawn up for 1989 for the Cape Ray gold project of Dolphin Explorations (TSE), the program to include about 30,000 ft of surface drilling. Dolphin has spent ab…
Exmar busy in Newfoundland
Surface sampling has returned anomalous gold-silver values on Exmar Resources’ (VSE) Yak Lake property on Newfoundland’s Baie Verte Peninsula. The company says recent surface sampling has yielded valu…