Pegasus set to open sixth U.S. mine
The Black Pine property in Idaho is slated to become the sixth mine for Pegasus Gold (TSE), a Spokane-based producer which currently turns out over 340,000 oz. gold from five operating mines in the we…
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PRODUCER PRICES (October 15, 1990)
ALUMINUM: MW U.S. Market US83.50- 87.00 cents per lb. (Oct. 4, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CAD…
Corona puts Poco stake up for sale
Recent dramatic increases in the price of oil have provided Corona (TSE) with a perfect opportunity to seek a buyer for its stake in Poco Petroleums (TSE). Peter Steen, president of Corona, said the c…
T.V. expose of VSE ignores mining
Mining exploration and development companies make up about 70% of listings on the Vancouver Stock Exchange. Despite this, the exchange’s important role in North American mining didn’t rate a mention i…
COATS (over-the-counter) Costigan doubles
Investors doubled the share price of Costigan Gold as the junior completed an option agreement on a polymetallic property 200 km southwest of Bathurst, N.B. Costigan can earn up to 40% in the soon-to-…
GIOCC GOLD OPTIONS
Options Open Series Volume Last Interest Nov. 460 C 412 15.50 199 Nov. 420 C 311 4.50 3,461 Feb. 380 C 304 19.00 450 Nov. 430 C 224 15.00 2,829 Nov. 400 C 201 14.50 2,226 May. 450 C 150 10.50 167 Feb….
Jarvis plans drilling on marble prospect
Jarvis Resources (VSE) is planning to drill its newly acquired marble property in Parkin Twp., 20 miles from Sudbury, Ont. Jarvis intends to complete the next phase of drilling, designed to delineate …
Pickle Lake one of Ontario’s most prospective areas
To boost reserves at its 65% owned Golden Patricia mine, near Pickle Lake, Ont., LAC Minerals (TSE) is busy completing a US$1.7-million exploration program at the site this year. The Toronto-based com…
Barrick drills new zone east of Holt-McDermott
American Barrick Resources (TSE) is drilling what a company official has described as an “interesting new zone” on the Mattawasaga property, east of Barrick’s Holt-McDermott gold mine at Kirkland Lake…
Inco, Golden Knight renew Casa Berardi exploration
This month marks the start of a 15-month exploration program at Casa Berardi Est gold mine in Quebec of Inco Gold and Golden Knight Resources. The program is designed to define the mine’s resources in…
Windy raises cash
Through a private placement of 25 units, Windy Mountain Explorations (COATS) has raised $706,250 for further exploration at the MacLeod Lake copper property, north of Chibougamau, Que. Each unit consi…
Noranda options Deception Lake bet
A drill program operated by Noranda Exploration is expected to begin shortly on the Deception Lake polymetallic prospect north of La Ronge, Sask. The unit of Noranda (TSE) has an option to earn a 70% …