Agassiz buys shares
Agassiz Resources (TSE) has acquired an additional 50,000 shares of Twin Gold Mines (ASE). The acquisition gives Agassiz 1.35 million Twin Gold shares or a 56.75% interest in the company. Twin Gold co…
Articles by Northern Miner Staff
Flint Rock flow-through to finance Teck program
Downsview, Ont.-based Flint Rock Mines (VSE) says it is seeking approval for a $105,000 flow- through share issue for exploration at a property in the Larder Lake, Ont., region. Flint Rock says the is…
Zinc plays catch-up with other metals
While not quite emulating the price run-ups experienced of late by copper and nickel, zinc has seen its price rise and, according to the securities firm Shearson Lehman Hutton, is trading at its highe…
Noranda ups reserves at Banbury’s B.C. bet
Drilling by Noranda Exploration has increased reserves on Banbury Gold Mines’ Hedley, B.C., property. Noranda has the right to earn a 51% interest in the property by spending $3 million before the end…
Stratmin plans more drilling on graphite bet
More drilling is planned by Stratmin Inc. of Montreal along a 6,000-ft electro-magnetic anomaly on a wholly-owned graphite property located south of Mont Laurier, Que. The company recently released th…
Queries Offer made for Pamour shares
I read recently that Giant Acquisition Corp., a wholly-owned subsidiary of Giant Resources is offering to buy all the outstanding common shares of Pamour Inc. for $10 per share. The remainder are held…
INSIDER TRADES (April 04, 1988)
Augdome — B. Gerol sold 96,837 to hold 5,050. Canuc — K. Murton bought 35,000 (private) to hold 227,554. Cheni Gold — Com Francaise de Mines bought 43,700 common shares and 68,570 units to hold sam…
Metal Prices FREE MARKET (April 04, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Mar. 29 Mar. 28 Mar. 25 Mar. 24 Mar. 23 Copper 1293-1295 1300-1302 1260-1262 1330-1332 1292-12…
Letters to the Editor Collaring a ramp?
Would you please explain to your readers just how you “collar” a ramp? (First bulk test on Fontana bet, — (N.M., March 14/88). Maybe you should color the ramp — like the Yellow Brick Road. Could I c…
Severide, Pure Gold
Encouraging gold values are being intersected by partners Severide Resources and Pure Gold Resources from a mineralized zone ranging up to 330 ft in width. The property is near Fort Hope, Ont. Drillin…
Placer Dome and Lucero in Brazil
An agreement between Placer Dome and Lucero Resource Corp. will provide funds for acquisition of a gold property in Brazil. The agreement calls for Placer Dome to spend $120,000(US) by the end of 1988…
Vancouver Stock Exchange N.A. Metals management must decide
It’s becoming more and more difficult to comprehend which of two takeover offers management at North American Rare Metals is actually supporting. At this point it seems to be both. But the market has …