Regarding James Wade’s letter “Diagnosis of exploration’s malaise” (T.N.M., Jun. 24/91), I am prompted to add some comments, having managed the Canadian Exploration Incentive Program (CEIP) for 1989 a…
Drilling on the La Currita property near Chihuahua, Mexico, is returning good gold-silver intersections over wide widths. The La Currita property is leased to Kalahari Resources (VSE) which has the r…
Semi-monthly reports as of Jun 15, showed 24,245,977 shares of 564 issues compared with 22,603,148 shares of 583 issues on May 31. Larger individual positions included: Amer. Barrick 228,112; Aur Res….
Noble Peak Resources (ASE) and Dejour Mines (TSE) have formed a new company to carry out exploration on their jointly held ground within the Rankin- Ennadai greenstone belt. MH Resources, which recen…
Colorado-based Westchester Mining recently negotiated a lease with option to purchase of the Golconda mine property in Baker Cty., Ore. Terms of the transaction were not released. The privately held …
Investors were in a positive mood during the week ended July 9. The general market portfolio index jumped by 23.7 points and the mining and minerals index gained almost seven points. Daily trading vol…
Those who would have us abandon our resource-based economy would do well to study the most recent figures on the contribution resources make. Minerals, energy and forestry combined account for more t…
An aggressive exploration program is being planned by Cathedral Gold (TSE) and Pacific Sentinel Gold (VSE) to outline and test targets on mineral properties totalling 300,000 acres near Anchorage, Ala…
A wildcat hole designed to test for deep-seated base metal deposits is under way at Agnico-Eagle Mines’ (TSE) property in Coleman Twp., near Cobalt, Ont. Legacy Explorations (CDN), which is earning a…
Shares of Trump Reserve Minerals traded moderately in the week ended July 9, as surface exploration got under way at the company’s Benoit gold bet in northern Quebec. The 44-claim property is close to…
Pegasus Gold Inc. – 3,000,000 com shs and 1,000,000 wts to purch com sh in units offered @ $15.50 per unit. Teck Corporation – 4,300,000 units consisting of 1 Cl B subordinate voting sh and 1/2 wt o…
Drilling is now under way at the Polaris-Taku gold property, about 65 miles south of Atlin, B.C. Suntac Minerals (VSE) is earning a 60% interest in the property from Rembrandt Gold Mines (ASE). To d…
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