News


Quebec investors in flow through get new break

Investors in flow-through shares in Quebec have been given a new break by the provincial government. Beginning this year, investors will not have to include flow-through tax benefits in the calculatio…



COATS unaffected by recent market swings

The Canadian Over-the-Counter Automated Trading System, or COATS, was largely unaffected by the recent share price swings experienced on other major stock exchanges during the week. COATS issues had b…


Rumors swirl of another Carlin find by Barrick

Speculation that drilling by American Barrick Resources (TSE) has intersected another major gold deposit on a property near Carlin, Nev., has sparked a gain of more than 60% over the past two weeks in…




Minera plans to raise $6 million for Latin projects

Toronto-based Minera Rayrock (TSE) plans to raise privately $6 million in the next few months to fund feasibility studies on its Ivan copper project in Chile, and its Bellavista gold property in Costa…


Ego finishes program

A drill program has been completed by Ego Resources (TSE) on the company’s B-B Lake zinc prospect, 15 km north of MacLeod Bay, N.W.T. The final results from a 15-hole program include 12.66 ft grading …


FINANCING (October 30, 1989)

ONTARIO Barytex Res — opt exerc on 400,000 @ 24 cents per sh Global-Pacific Minerals — 600,000 sold for gross $210,000 Digger Res — opt exerc on 150,000 @ 50 cents per sh Ezekiel Expls — 750,000…


Val d’Or placements raise $2.4 million

A series of private placements has netted Val d’Or Resources (ME) almost $2.4 million which will allow the company to meet its financial obligations contracted with Mines Abcourt (ME). Most of the fun…


IOCC GOLD OPTIONS (October 30, 1989)

Options Open SeriesVolumeLastInterest Nov 360 C .22011.002,917 Nov 370 C .256 5.502,175 Nov 380 C .223 1.503,060 Feb 370 C .16814.00 383 Feb 380 C * 77 9.50 709 Feb 390 C .165 6.50 624 Feb 400 C * 4…


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