News

Kokanee testing Sullivan-type exploration target

Speculation on the significance of recent drilling at the Vine property near Cranbrook, B.C., has dramatically boosted the share price of Kokanee Explorations (VSE). The junior company reported that d…


Obituary Art Hastie

Art Hastie, long-time prospector and stockbroker, died on Jan. 24. He was 85. Hastie was co-founder of O’Leary Malartic and D’Aragon Mines and co-staker of Chiboug Copper, McWatters and Elder Mines. H…


Cominco clarifies Sullivan mine shutdown

Serious operating losses brought about by high production costs and falling zinc prices were cited by Cominco (TSE) as the reason for its decision to suspend mining operations at the aging Sullivan mi…


Teeshin high grade

The first results from drilling completed last month at Teeshin Resources (VSE) Dome Mountain gold property returned an 8.5-ft. intersection grading one ounce gold per ton and 2.64 oz. silver. The sam…


People (February 05, 1990)

BOND INTERNATIONAL GOLD — Hector Figueroa appointed vice- president of finance; George Young, general counsel and secretary, Holly Thomas, director of investor relations.


Correction (February 05, 1990)

Reference (T.N.M., Jan. 22/90) to an exploration project in Grevet Twp. near Matagami, Que., by VSM Exploration (ME) and Serem Quebec included an incorrect tonnage figure. Current reserves stand at 6….


FINANCING (February 05, 1990)

Covenant Res. — min 500,000 offered @ 45 cents per sh. Auriga Res. — 700,000 offered @ 35 cents per sh. Adonos Res. — 550,000 offered @ 50 cents per sh. Nortran Res. — gross proceeds rec $282,00…


Monique financing (February 05, 1990)

Monique Exploration (ME) has entered into a financing agreement with La Societe en Commandite Monique II worth $250,000, the proceeds to go toward mineral exploration. Monique will issue 250,000 commo…


Gold funds as of Jan 30

MVP BGR Central Capital Net value $12.53 $6.44 $0.44 Price $11.75 $7.00 $0.40 Discount 6.23% 8.7% 9% Value $74,596,963 $108,36…


Stroud to double stake in Hislop Twp. gold bet

Toronto-based Stroud Resources (TSE) is set to double its stake in a Hislop Twp. gold project near Timmins, Ont., by acquiring the 50% interest held by its former partner Chevron Minerals, a unit of C…


Minnesota lowers tax rate for mines

Mining taxes in Minnesota have been lowered by legislators in an attempt to stimulate mineral exploration. Although the state has no base or precious metal mine production, a high tax rate — one of t…



By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close