U.S.REPORT Oracle Ridge up and running
The Oracle Ridge project 70% owned by South Atlantic Ventures (VSE) is up and running. Production was planned for the third quarter of 1990, but startup was delayed by continued difficulties with inst…
News
Vancouver Stock Exchange Eurus, Thios prices in retreat
The Vancouver Stock Exchange indices took a breather over the week ended March 13, 1991, after the past month’s mini-rally. The composite index inched up about five and a half points to finish at the …
EDITORIAL McLaughlin a controversial choice
Inviting federal New Democratic Party leader Audrey McLaughlin to be guest speaker at a key luncheon during the Prospectors and Developers Association of Canada’s annual convention may turn out to be …
Insider Trading Dayton directors ready to cash in
A small group of Dayton Developments (TSE) directors were recently positioning themselves to cash in on any future increases in the Vancouver company’s share price. Back in mid-December, after enginee…
Noranda drops Merry Widow
After carrying out a limited exploration program, aunit of Noranda (TSE) has decided not to continue its option onthe Merry Widow property owned by Taywin Resources (VSE) on Vancouver Island in southw…
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…
`Digger’ Gorman concludes series with talk on prospecting
Well-known and respected geologist Dr. D.H. “Digger” Gorman will give the concluding paper in a series of five talks on prospecting and mining organized by the Prospectors and Developers Association o…