News

Assays awaited on Orex’s Goldboro

A 4-hole test drilling program has been completed by Minnova (TSE) on Exploration Orex’s (ME) Goldboro property in Guysborough Cty., N.S. The program was designed to confirm results from four earlier …


380 attend underground operators conference

Mine operators from across Canada turned out here in record numbers during the festive winter carnival season, Feb. 24-27, to take in the unique French Canadian hospitality and to exchange mine operat…


U.S.REPORT Durvada farms out Nevada properties

Calgary-based Durvada Resources (ASE) has farmed out two of its gold properties in the Sandy Valley area of southwestern Nevada to Dundee Resources (VSE) and Reymont Gold Mines (ASE). In the first dea…


Montreal Exchange Claim dispute brewing

A claim-staking dispute is brewing over property in Benoit Twp. in northwestern Quebec near where a gold showing by Freewest Resources recently caused a staking rush. The Freewest discovery instantly …


Netolitzky takes PDAC award

The Prospectors and Developers Association of Canada (PDAC) will honor seven members of the mining community at the annual awards banquet on Monday, March 25. Selected to receive the Bill Dennis Prosp…


IOCC GOLD OPTIONS (March 18, 1991)

Options Open Series Volume Last Interest Aug. 380 C 2 10.50 78 Aug. 400 C 40 6.00 93 Aug. 440 C 25 1.60 70 The New York closing gold price was $364.50 per oz. Last quotations for gold options traded i…



EDITORIAL A new world order?

A new world order? Well, anyone who thinks the U.S. will be leading us to a new millennium of peace and harmony is going to be disappointed. In the wake of the United Nations successful expulsion of I…


Pezim juniors await financing

Murray Pezim’s new flagship, Prime Equities (VSE), and a host of juniors under its corporate umbrella are expecting to announce details of an agreement with a major mining company for the provision of…


Juniors follow Freewest Res. into Benoit Twp. gold

Shares of at least 10 junior companies with claims in the Benoit Twp. area of northern Quebec have posted gains since Freewest Resources (TSE) reported an intersection of 162.5 ft. grading 0.15 oz. go…


Placer Dome gold production tops 1.4 million oz.

Contributions from two new gold mines helped boost Placer Dome’s (TSE) share of gold production to just over 1.4 million oz. in 1990, from 1.18 million oz. produced in 1989 (net of minority interests)…


Crown pillar caves in at Hope Brook mine

A portion of the crown pillar at Hope Brook Gold’s (TSE) underground mine on the southwest coast of Newfoundland collapsed recently, but the company reported no injuries at the site. As a result of th…


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