News


Barytex options zinc-lead project

By spending $2 million on exploration by June, 1993, Barytex Resources Corp. (VSE) can earn a 45% interest in the 17-claim Mel zinc-lead property, 80 km northeast of Watson Lake, Y.T. The company rece…


Manitoba unveils plans for a new Mining Act

Proposed mining legislation that incorporates almost 60 years of amendments and additions to the existing Mines Act was detailed in a green paper released recently by Manitoba’s minister of Energy and…


Metal Prices FREE MARKET (September 18, 1989)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept 12 Sept 11 Sept 8 Sept 7 Sept 6 Copper 1887-1888 1818-182…


B.C. mine safety audit sees room for improvement

Results of a safety audit program of new mines and advanced exploration projects in northwestern British Columbia have persuaded the Ministry of Energy, Mines and Petroleum Resources to conduct more i…


Gold values reported at HSK’s Denison bet

Toronto-based HSK Minerals (TSE) has reported a number of gold discoveries at its 52-claim Denison Lake property in the Mishibishu Lake area, 53 miles southeast of Hemlo, Ont. Central Crude Ltd. (TSE)…


Mikado drill ing returns good values at Red Elephant

Surface drilling by Mikado Resources (VSE) on the Red Elephant gold property, 60 miles southeast of Revelstoke, B.C., has returned a number of impressive assay results. The Red Elephant property is ow…


Windarra encouraged by LaRonge gold bet

A summer drill program on the Preview Lake property in Saskatchewan’s LaRonge gold belt continues to test the Bakos zone structure, reports joint venture partner Windarra Minerals (VSE). Windarra hold…


Goldquest rises on speculation

Shares of Toronto-based Goldquest Exploration (TSE) took another mysterious turn upward recently, but the company still hasn’t released any results from a major drilling program under way on its Red L…


Metal Prices PRODUCER PRICES (September 18, 1989)

ALUMINUM: MW U.S. Market US79.25 cents – 81.25 cents per lb. (Sept 7, 1989). ANTIMONY: New York dealer US90 cents -95 cents per lb. (Aug 10, 1989). BISMUTH: New York dealer $4.65-$4.80(US) per lb. (A…


TSE’s bid-and-ask quote seems wrong

This letter calls to your attention a recurring error which I consider is adversely affecting the management of a part of my investment portfolio. I own 11,000 shares of Discovery West Corp., and on A…


Barrick paying 7.5 cents semi-annual dividend

Toronto-based American Barrick Resources (TSE) has declared a semi-annual dividend of 7.5 cents per common share, payable in Canadian funds Dec 15, to shareholders of record Nov 30. American Barrick …


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