Corona increasing stake in Breakwater
With recent purchases of more than three million shares and an agreement to buy an additional 10 million shares, Corona (TSE) is increasing its stake in Breakwater Resources (TSE) to 27.6%. In a separ…
News
Feasibility study complete next month on Eagle River project
The feasibility study in progress at the Hemlo Gold (TSE), Central Crude (TSE) joint venture at Mishibishu Lake, Ont., should be completed next month, says Hemlo Gold President John Harvey. “If the fe…
Suit names Aurizon
Named as one of three defendants in a proceeding commenced in the Supreme Court of British Columbia is Aurizon Mines (TSE). The company says the action, launched by a private company, is related to an…
Michele keen on Quebec bet
Junior Michele Gold Mines (VSE), which recently raised working capital of $97,000 through a private placement, is seeking financing or a partner to explore property in the Lake Kenogami- Chicoutimi ar…
IOCC GOLD OPTIONS (May 07, 1990)
Options Open Series Volume Last Interest May 380 C 25 2.50 1,448 May 390 C 38 0.80 1,122 Aug 380 C 30 12.00 149 Aug 390 C 114 8.50 579 Aug 420 C 25 2.75 941 Aug 450 C 41 0.70 1,697 Nov 400 C 105 13.00…
Aur, Louvem drop as latest drilling returns low values
Pressure to satisfy the market’s desire to know how drilling is progressing at the Louvicourt Twp. massive sulphide project is taking its toll on the share prices of Aur Resources (TSE) and Societe Mi…
Editorial Shaking investors’ confidence
Mineral exploration across Canada is suffering through a gloomy time, but in Ontario explorationists could find it even more difficult to continue their efforts as a result of the recent debacle at th…
Cominco to continue work on Estella
After identifying high base metal values during soil sampling in 1989, Cominco (TSE) plans further work on the Estella property near Kimberley, B.C., in 1990. The work will include geophysical surveyi…
Toronto Stock Exchange Indices (May 07, 1990)
May 1 Apr. 30 Apr. 27 Apr. 26 Apr. 25 HIGH LOW Composite “300” 3334.13 3340.91 3336.08 3369.48 3343.17 4009.47 3334.13 Metals & Minerals 2880.00 2907.54 2899.28 2949.39 2888.84 3453.05 2850.84 Integra…
Ming’s Bight drilling put on hold by Corona
Using two machines, Corona (TSE), as operator, has now completed some 20,000 ft. of diamond drilling in 45 holes on the 7,000- acre Ming’s Bight gold property in the Baie Verte area of Newfoundland. C…
U.S.Report Lower sales, stock dilution cut Battle Mountain’s
A reduction in gold sales volumes and dilution from recent stock and debenture offerings were among the factors that combined to cut Battle Mountain Gold’s (TSE) first- quarter earnings. Battle Mounta…
Adrain shareholders to vote on fate of SKI property
Shareholders of Adrian Resources (VSE) will be meeting June 27 to vote on a special resolution to option the company’s SKI project north of Stewart, B.C., to Prime Resources Group (VSE) and Stikine Re…