News


U.S. REPORT Fairbanks expanding Fort Knox

Development of the Fort Knox property, near Fairbanks, Alaska, has been accelerated with the addition of two drills. The property, 51% owned and operated by Fairbanks Gold (VSE), now has six diamond c…


Armistice seeks funds for Virginiatown work

Toronto-based Armistice Resources (TSE) says discussions are under way with a group of private investors to raise funds for additional underground exploration on the company’s McGarry Twp. gold proper…



Alberta Stock Exchange Dingman gains 29 cents

Little-known Dingman Industries doubled to 60 cents on volume of nearly half a million shares after the company said it has finalized a joint venture deal with a Soviet firm to treat arsenical gold co…


GOLDFUNDS2 (October 01, 1990)

MVP BGR Central Capital Net value $10.48 $5.73 $0.31 Price $9.375 $5.375 $0.17 Discount 10.54% 6.2% 45.2% Value $62,424,807 $90,430,613 N/A…


Batachawana survey spurs minor staking

A modest increase in claim- staking activity has been reported in the Batachawana Bay area, north of Sault Ste. Marie, Ont., following the release of an airborne geophysical survey by the Ontario gove…


Chutine awaiting feasibility study

A feasibility study for an open- pit copper mining operation in northwestern Mexico is expected to be completed during the second half of October, shareholders of Chutine Resources (VSE) were told at …


Westfield reaps profit from investments

Investments were the primary source of income for Westfield Minerals (TSE) in the first half of 1990. Westfield reported earnings of $832,000 (5 cents per share) for the six months ended June 30, comp…


VSM-Serem confirm new lens at Grevet

The latest drill results from the Grevet zinc project owned by Serem and VSM Exploration (ME) in northern Quebec have confirmed the recently discovered 97-zone is more than just a one-hole wonder. Alt…



PRODUCER PRICES (September 17, 1990)

ALUMINUM: MW U.S. Market US81.00- 83.00 cents per lb. (Aug. 30, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.00 per lb. (Aug. 30, 1990). C…


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