VSM and Serem option Orient bet
An option to acquire a 60% interest in the Grevet property of Ressources Orient (ME) near Matagami, Que., has been reached in principle with Serem Quebec and Exploration VSM (ME), Orient reports. The …
News
Analysts remain bullish on gold in 1990
The price of gold closed last year at about the same level as it started, around US$400 per oz. As heartening as that may be to some, the real story is the precious metal spent most of the year tradin…
Vancouver Stock Exchange Metals prices get close watch
With the equity markets in a back-to-business mode after the holiday season, brokers and investors are keeping a close eye on prices for precious and base metals. Gold prices appear to be once again b…
Mineral Deposits of Europe subject of 4-book series
The final volume in a four-book series entitled Mineral Deposits of Europe is now available from London’s Institution of Mining and Metallurgy. The 454-page book combines the fourth and fifth volumes …
Potential 2-million-ton deposit Freewest, Noranda discovery
Joint venture partners Freewest Resources (ME) and Noranda Exploration, a unit of Noranda (TSE), have reported more encouraging assay results from their gold project in Harker and Holloway twps., 70 m…
Obituary John Cole
John Younglove Cole, mining executive and lawyer, died recently in Redwood City, Calif. He was 89. Cole, a mining developer since 1925, discovered and staked the Cole gold mine, thus contributing to t…
Aur drops Turner-Albright after metallurgical tests
Over the next few weeks, Savanna Resources (ASE) will attempt to answer some of the questions regarding its Turner- Albright massive sulphide project in southern Oregon. After receiving results of met…
Queries Canadian Pandora defunct
In 1934, I bought 700 shares in Canadian Pandora Gold Mines. I also own certificates for 1,000 shares in Clearwater Mines and Earlcrest Resources, purchased in 1969. Can you tell me anything about the…
Arizona leads in mining
Arizona is the leading nonfuel mineral producer in the U.S., according to figures released by the U.S. Bureau of Mines for 1988. The value of mineral production reported for Arizona was in excess of U…
Rockford, Tyranex
Rockford Minerals (TSE) has acquired a 48% interest in Tyranex Gold (COATS) under the terms of a takeover bid. Tyranex shareholders tendered 652,900 shares to Rockford on the basis of one common share…
Integrated stalled in bid to win 51% stake in Northern
Edmonton-based Integrated Resources (ASE) says that securities regulations have prevented it from acquiring a 51% stake in Northern Minerals (TSE). Under the terms of an offer which was scheduled to e…
Goldnev drilling unsuccessful
Deep drilling on the Maggie Creek Ranch property in the Carlin area of northeastern Nevada returned no significant assays. The property, owned by Goldnev Resources (VSE), is being optioned by Barrick …