Alberta Stock Exchange Ontex jumps 65 cents
Shares of Toronto-based Ontex Resources (ASE) leapt ahead 65 cents to $2.55 during the week ended Sept. 11. Investors continue to speculate on the outcome of a legal battle the company is fighting wit…
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IOCC GOLD OPTIONS (September 17, 1990)
Options Open Series Volume Last Interest Nov. 390 C 128 12.80 779 Nov. 400 C 234 8.50 2,313 Nov. 410 C 608 6.60 2,564 Nov. 420 C 478 4.00 2,853 Nov. 430 C 650 3.30 2,187 Nov. 440 C 941 2.00 3,443 Nov….
Toronto Stock Exchange Investors take cover as gold falls, NDP
The newly elected NDP government in Ontario combined with Persian Gulf tensions and a falling gold price gave investors more reasons to feel nervous during the week ended Sept. 11. While developments …
Bellex, Quattro stocks tumble on drilling results
Assay results from recent drilling on the JW copper-gold prospect in the Galore Creek region of northwestern British Columbia have sent the share prices of joint venture partners, Bellex Mining (VSE) …
Breakwater completes Caribou acquisition
With the acquisition of all of the shares of Bathurst Base Metals, Breakwater Resources (TSE) has secured a 100% interest in the Caribou lead-zinc mine near Bathurst, N.B. Bathurst has amalgamated wit…
Golden Rule assays
Calgary-based Golden Rule Resources (TSE) has completed a 5,289-ft. diamond drill program on its Kaslo property in the La Ronge gold belt of northern Saskatchewan. Significant intersections from the 8…
Drilling starts on Great Lakes’s bet
Joint venture partners Great Lakes Minerals (TSE) and Michigan Mining have begun an 8,000-ft drill program on their Keweenaw copper project in northern Michigan. The property is situated about 80 mile…
Repadre, Corona revise agreement
In order to protect the interests of Repadre Capital’s (VSE) minority shareholders, Corona (TSE) and Repadre have revised their original private placement agreement. Instead of issuing both shares and…
U.S. REPORT Noranda’s Lynne discovery sparks interest in Wisconsin
The recent discovery of a large zinc deposit at Noranda’s (TSE) Lynne project in Oneida Cty. has triggered renewed interest in Wisconsin’s potential to be a base metal producer. According to the state…
Iskut road studies begin
Detailed engineering and environmental studies for the proposed road into the resource-rich Iskut River region of northwestern British Columbia are now in progress. Earlier this year British Columbia …
Orofino takes loss over nine months
The high cost of milling the remaining ore from the Scadding property near Sudbury, Ont., has resulted in a net loss for Orofino Resources (TSE) in the nine months ended June 30. Orofino reported a lo…
Luncheons for shareholders recall more prosperous times
Over my many years associated with this paper, one gets to attend quite a few mining functions — official openings, receptions, dinners, show-and- tell gatherings and fish derbies. By and large these…