IOCC GOLD OPTIONS (December 18, 1989)
Options Open Series Volume Last Interest Feb 420 C . 1,011 14.50 2,547 Feb 410 C . 881 20.00 1,104 Feb 450 C . 719 5.20 933 Feb 380 C . 592 44.00 1,014 Feb 430 C . 47…
News
News in Brief (December 18, 1989)
Canarim Investment Corp. has changed its name to L.O.M. Western Securities Ltd.
Aumisko name change
Shareholders of Exploration Aumisko (ME) have approved a consolidation of the company’s A shares on a 2-for-1 basis. Shareholders also approved changing the company’s name to Ressources Granisko. The …
Hillsborough feasibility (December 18, 1989)
Hillsborough Resources (TSE) expects a project feasibility study for the Mt. Hundere zinc deposit in the Yukon from partner Curragh Resources by mid-December. Hillsborough and Curragh hold a 20% and 8…
Correction (December 18, 1989)
A tonnage figure of one million tons grading 0.30 oz gold per ton reported for the Little Stull gold project in northeastern Manitoba (N.M. Sept 4/89) was incorrect. Westmin Resources (TSE), the opera…
Jonpol raises $1.3 m for Garrison project
Jonpol Explorations (TSE) says it has completed a prospectus financing with Richardson Greenshields of Canada, whereby the company has received $1.3 million. Of that amount, Jonpol says $1.04 million …
Ketters ti the Editor Logan Drilling
I would like to point out an error which appeared in The Northern Miner (Dec 4/89). Please note that Logan Drilling, Stewiacke, N.S., was the contractor who provided drilling services for Antioch Reso…
Rouyn has revenues
Rouyn Mining Resources (TSE) generated revenue of $4.9 million for the year ended Aug 31. Earnings were $808,330 or 9 cents per share. There are no comparative results from prior years. The company’s…
People (December 18, 1989)
NUSPAR RESOURCES — Alex Burton appointed to the board of directors and named vice-president of operations.
Spot prices at a glance (December 18, 1989)
Week’s Price (US) Change Gold* $417.10 +$15.05 Silver* $ 5.67 +$ 0.13 Platinum* $512.25 +$13.50 Nickel** $ 4.06 –$ 0.14 Lead** $ 0.33 +$ 0.01 …
Fancamp to explore Mattagami gold bet
Montreal-based Fancamp Resources (VSE) and privately owned partner Fort Rupert Resources are preparing to begin drilling early in 1990 at their jointly owned Lac Marcaut gold-silver property, 136 mile…
First Toronto loss includes writedowns
Writedowns of certain assets contributed to a 9-month loss of $32.5 million ($2.53 per share) by First Toronto Mining (TSE), which has undergone a management change. For the same period last year, the…