News

North American gold equities are recommended

London-based brokerage house Barclays de Zoete Wedd is recommending investors focus on the North American gold sector in the short-to-medium term as opposed to Australian and South African gold equiti…


Onitap is named in Orex lawsuit

Legal proceedings have been instituted by Exploration Orex (ME) against Onitap Resources (TSE), Narex Ore Search Consultants and the president of Onitap and Narex, Karl Naert, over the Goldboro gold p…


IOCC GOLD OPTIONS (July 16, 1990)

Options Open Series Volume Last Interest Aug. 360 C 118 6.70 381 Aug. 370 C 78 2.70 596 Aug. 380 C 29 1.30 763 Nov. 350 C 47 21.50 63 Nov. 380 C 38 7.00 381 Nov. 390 C 55 5.00 351 Nov. 400 C 86 3.60 7…


Drill program starts at Cat Mountain

The area surrounding the Mt. Milligan gold- copper project north of Prince George, B.C., is expected to be a busy exploration camp this year, second only to the “Golden Triangle” in the northwestern c…


Toronto Stock Exchange Indices (July 16, 1990)

July 10 July 9 July 6 July 5 July 4 HIGH LOW Composite “300” 3527.94 3540.64 3549.77 3551.28 3575.24 4009.47 334.13 Metal Mineral 3244.8 3234.2 3270.9 3257.3 3293.8 3453.06 2850.84 Integrated Mines 34…


U.S.REPORT Mohave name change

Calgary-based Mohave Gold plans to discontinue its operations under the Canada Business Corporations Act and transfer its corporate jurisdiction to Nevada. The common shares of Mohave were delisted fr…


Small percentages will determine Stikine’s future

As a result of Placer Dome’s (TSE) unsuccessful attempt to acquire a controlling interest in Stikine Resources (TSE), Corona (TSE) and Placer remain practically tied in the race to dominate the Eskay …


Carmac options LAC property

A diamond drill program is expected to begin shortly on the Hank property owned by LAC Minerals (TSE) north of Eskay Creek in northwestern British Columbia. The 6,000-ft. program will be managed by Ca…


Etruscan hopes to revive idle Thierry nickel mine

The former-producing Thierry copper-nickel mine at Pickle Lake, Ont., may soon have a new owner intent on reopening the operation. The mine reportedly has reserves of seven million tons grading 1.88% …


PROFILE Hudgins attracts cash to the Maritimes

The East Kemptville mine, the only operating tin mine in North America, has attracted substantial investment to Nova Scotia. Playing a major role in the discovery of East Kemptville is prospector Avar…


U.S. firm makes offer to work on Tully Twp. ground

A large U.S.-based mining company has made a firm offer that could lead to the further development of a gold property in Tully Twp., 20 miles northeast of Timmins, Ont., in which Frankfield Exploratio…


Brinco plans to double Quinsam’s coal output

Although coal may not attract the same attention from investors or prompt claim staking disputes, at US$40 per tonne on world markets, it is no less valuable than many open pit precious metal ores. Es…


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