Riverton, Cogema in exploration deal
An option to acquire a 51% interest in the Belleterre mine property in Guillet Twp., in northwestern Quebec, has been granted to Cogema Canada by Riverton Resources (VSE) for $2 million. Riverton purc…
News
Small mine raises big hopes for northern Sask.
Joan Duncan, the new Minister of Northern Affairs, is no stranger to the healing power of gold. As a pharmacist in Maple Creek, Sask., Duncan prepared gold compounds as a treatment for arthritis. And …
Neil de Gelder ushering in new securities era for VSE
Keeping his finger on the policy-making pulse of North America’s leading venture capital market, British Columbia’s superintendent of brokers, Neil de Gelder, is exceedingly bullish about the future o…
Metal Prices FREE MARKET (June 13, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date June 7 June 6 June 3 June 2 June 1 Copper 1498-1503 1458-1460 1535-1540 1440-1450 1365-1370 Lead 372- 374 …
Manitoba’s base metals sector had novel beginning manitoba base
The large and sophisticated base metal mining industry in Manitoba began in December, 1914, when a local Indian, David Collins, showed Thomas Creighton a mineralized outcrop near what is now Flin Flon…
Australian conference draws 1,300
The conference Bicentennial Gold 88 held in Melbourne, Australia, May 14-19 brought together some 1,300 geologists, geochemists and geophysicists from 40 countries and a strong delegation from nine Ca…
San Paulo share sale
Subject to a July 15 closing, San Paulo Explorations (ASE) has entered into an agreement to sell, on a private basis, one million shares in the capital stock of the company at $1 per share with warran…
Lamaque reserves increasing Tundra Gold and Teck say
Partners Tundra Gold Mines (VSE) and Teck Corp. (TSE) continue to receive encouraging results from drilling on the No 4 plug near the former producing Lamaque gold mine at Val d’Or, Que. Tundra, which…
News in Brief (June 13, 1988)
Stratabound Minerals Corp. (VSE) has signed a letter of intent with Sofomines 1988 and Co. Ltd. Partnership of Montreal whereby the company will receive up to $500,000 in exploration funds in exchange…
Tyler/Stockmen share exchange
Stockmen Minerals (ASDE) has entered into a share exchange agreement with Tyler Resources Inc. (TSE) whereby Tyler will become the majority shareholder of Stockmen. Diamond drilling has commenced on t…
Toronto Stock Exchange Inco, Falconbridge reach highs as minerals
A summer rally which began last week, continued to roll along adding more than 87 pts to the composite index this week. Today, the TSE index advanced 33.98 pts to close at 3,366.53 pts on volume of 23…
La Ronge area to attract $65m. spending in 1988
A 6-year exploration boom in the La Ronge area of northern Saskatchewan, has opened up a new gold mining camp. According to Claude Resources (TSE), one of the major players here, $65 million will be s…