News

Toronto Stock Exchange Indices (October 15, 1990)

Oct. 2 Oct. 1 Sept.28 Sept.27 Sept. 26 HIGH LOW Composite “300”3191.38 3175.67 3159.37 3161.49 3181.48 4009.47 3159.37 Metals & Minerals2888.45 2904.67 2860.86 2868.41 2873.50 3453.06 2850.84 Integrat…


Rhodes starts drilling at base metal project

Geophysical anomalies on the Captain base metal property 50 miles south of Bathurst, N.B., will be the target of a 1-rig drilling program by earn-in partner Consolidated Rhodes Resources (VSE). Rhodes…


Val d’Or, Bullion in new arrangement

Junior mining company Ressources Val d’Or (ME) plans to transfer its rights to 80% of the Vendome zinc project in the Val d’Or area of Quebec to private firm Bullion Monarch Canada Resources. The new …



Seabrex proposes merger to develop copper deposit

Hoping to develop a high-grade copper deposit near Chibougamau, Que., Seabright Explorations (TSE) has entered into a letter of understanding with Corner Bay Resources. Seabrex plans to acquire the pr…


Mining the base, but Kirkland seeks diversification

Kirkland Lake is a traditional northern Ontario mining town now poised on the threshold of a major diversification to its economic base. The ambitious moves were necessitated, in part, by the serious …


Ortech Int’l workshop

Mississauga-based Ortech International will host a 2-day workshop on technology transfer, Nov. 19-20, at the Ramada Hotel, Airport West, Toronto, Ont. The focus is on emerging technologies for metal a…


Laverty drilling yields disappointing values

Narrow, localized zones carrying little gold appear to be the source of the strongly anomalous humus samples collected on the Laverty Red Lake Resources (COATS) claim group near Red lake, Ont. A 4-hol…



Golden Rule, Manson Creek plan buybacks

Share buyback plans were announced recently by Calgary-based Golden Rule Resources (TSE) and its 58% owned subsidiary Manson Creek Resources (TSE). Golden Rule says it intends to acquire up to 1,052,0…



Morrison to fund Vezza-Douay work

Calgary-based Morrison Minerals (TSE) has teamed up with Total Energold (TSE) to participate in an exploration joint venture on 336 claims in the Casa Berardi gold belt of northwestern Quebec. A recen…


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