WAMIC dinner
The Women’s Association of the Mining Industry of Canada, held its annual scholarships and bursaries dinner recently at the Engineers’ Club, in Toronto. Christopher Gomes, a Fourth- year student in Me…
News
Placer Dome mine fatality
No cause has yet been determined for an accident at Placer Dome’s (TSE) Dome mine in South Porcupine, Ont., on Feb 20 that claimed the lives of three miners. The three men — Lionel Legault, 47, of So…
Mountain West Elkhorn reserve
Mountain West Resources (VSE) has calculated a new geological reserve for its Elkhorn property in Montana. The new reserve study indicates some 786,000 tons averaging 0.1 oz gold or 530,000 tons gradi…
Corona/Golden Nevada drilling near Nickel Plate mine
In a push to increase and find new reserves to eventually feed its mill near Hedley B.C., Corona Corp. (TSE) is currently operating five diamond drill rigs on a number of properties near its producing…
Ego funding Asquith Twp. drill program
Joint venture partners Ego Resources (TSE) and Asquith Resources (COATS) report encouraging gold values have been returned from recent drilling on their Asquith Twp. property, located south of Shining…
Book review
Majors call the tune on early-stage U.S. gold exploration agreements ** In a new study entitled Current U.S. Gold Exploration Agreements, Metals Economics Group has listed information on 470 early-sta…
COATS Trading Features (February 27, 1989)
The total value of trades on COATS increased to more than $41 million last month, up from a low of $22 million during December. Asquith Resources was a busy trader this week with 79,000 shares changin…
Gold Bar completes Chester Twp. drilling
A drill program consisting of 5,000 ft in six holes has been completed by Gold Bar Resources (COATS) and Canadian Gold Resources (ASE) on their Chester Twp. property near Gogama, Ont. The recent progr…
FINANCING (February 27, 1989)
VANCOUVER Shiva Venturees Inc — min 360,000 offered @ 40 cents per sh. American Girl Res — 1,000,000 sold for gross $170,000. Castle Minerals Inc — 450,000 sold for gross $180,000. Sleeping Gold -…
News in Brief (February 27, 1989)
South Pacific Gold has changed its name to Western Carlyle Concepts Inc. (WCL:VSE) on a share- for-share basis. *…
Sphinx acquiring interest in Gordex
A $2.5-million debenture, convertible into common shares of Gordex Minerals (TSE) at 70 cents per share, has been acquired by Sphinx Mining (ME). The debenture will last five years and bear an intere…
Earnings Reporty
Brunswick Mining and Smelting (TSE) reports net earning for the fourth quarter of $14.83 million or 41 cents per share. For the same period a year earlier the company reported net earnings of $7.8 mi…