Van Ollie reports Wawa assay results
Preliminary assay results have been reported by Van Ollie Explorations (COATS) from recent surface work on the company’s McMurray Twp. gold property near Wawa, Ont. Van Ollie recently completed a prog…
Articles by Northern Miner Staff
Editorial Welshing on a bet
It seems pretty straightforward. If you buy shares and the price goes up, you make money. If the price goes down, you lose. When the stocks being sold are offered by the company through a prospectus…
Eastmaque gold output passes 10,000 oz in latest quarter
Eastmaque Gold Mines (TSE) has had its best fiscal quarter ever with respect to gold production. During the company’s first quarter, operations in Ontario and Nevada produced a total of 10,604 oz of g…
IOCC GOLD OPTIONS (October 30, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C .22011.002,917 Nov 370 C .256 5.502,175 Nov 380 C .223 1.503,060 Feb 370 C .16814.00 383 Feb 380 C * 77 9.50 709 Feb 390 C .165 6.50 624 Feb 400 C * 4…
Montreal Exchange Seniors in favor
A period of volatile trading has overtaken the stock market, moving investors to side with the cautious crowd. That the top trading stocks this past week were mainly “seniors” bears out this observati…
CORRECTION (October 30, 1989)
Underwriter Brault, Guy, O’Brien is the agent for a $6-million offering by Exploration Orex, not McNeil, Mantha as reported in N.M. Oct 23/89.
Midrim drilling Montana property
Three drill holes have been completed on the Ringing Rocks property, 18 miles east of Butte, Mont., by joint venture partners Midrim Mining (COATS), and Vital Pacific Resources (VSE). Midrim reports t…
Manitoba meeting on exploration news
The geological services branch of Manitoba Energy and Mines will hold its annual meeting Nov 27-29 at the Winnipeg Convention Centre. Speakers will give overviews of new concepts of geoscientific expl…
Shaft changeover helps to reduce Brunswick earnings
The changeover to a deepened shaft and a maintenance shutdown are among the reasons given by Brunswick Mining and Smelting (TSE) for reduced third-quarter net earnings. The Noranda affiliate recorded …
Claude busy at Seabee gold bet
An underground exploration program, which began earlier this month at Claude Resources’ (TSE) Seabee project in northern Saskatchewan, is scheduled to reach completion by year-end, the company reports…
Canarim agrees to buy unsold Prime units
The Vancouver Stock Exchange received confirmation that Canarim Investment will subscribe for and take down one million units of Prime Resources (VSE) that had been the subject of a recently disclosed…
News in Brief (October 30, 1989)
A NIM and Company limited partnership has committed for the flow-through private placement of $300,000 at 30 cents per share to Teeshin Resources (VSE). Funds will be used on the Dome Mountain projec…