COATS (over-the-counter Atlantic leads
Trading nearly 100,000 shares, Atlantic Goldfields led a sluggish COATS exchange this week. Atlantic’s high of 85 cents was up 11 cents from its high the week before. Atlantic has $14 million in the…
News
Euro-Nevada to buy Doyon mine royalty
About 60% of the shareholders of Odyno Miniere Inc. (COATS) have agreed to vote their shares in favor of an amalgamation with a subsidiary of Toronto-based Euro- Nevada Mining (TSE). Odyno Miniere is …
Midrim participating in Montana drilling
Helping to finance a drill program on a 121-claim group north of Pipestone Hot Springs, Mont., is Midrim Mining (COATS), which may earn up to a 35% interest in the property. Balance of the property wi…
Soil replacement for Murdochville
The Mines Gaspe division of Noranda Minerals has some “beautification” plans for its home base of Murdochville, Que. The company, over a 5-year period, hopes to restore residential land by correcting,…
Tarzan reports Joburke results
A drill program comprising 3,900 ft in six holes has been completed on the Joburke Mine property by joint venture partners Tarzan Gold (ASE) and Noranda Exploration. The property is located in Keith T…
Harapiak resigns Belmoral position
The chairman of Belmoral Mines (TSE), Kenneth Dalton, has taken over the presidency of the gold producer following the resignation of Steven Harapiak. A press release from the company states Harapiak …
Campbell selling phosphate property
Toronto-based Campbell Resources (TSE) says it has sold its 50% interest in the Martinson/ Cargill phosphate properties in northern Ontario to concentrate on its Chibougamau, Que., gold mines. Newphos…
Toronto Stock Exchange Firming bullion provides boost to gold index
Strengthening gold prices gave a much-needed boost to the wilting gold and silver index which advanced by 165.63 pts or 2.86% today to close at 5959.94 pts. Overall market performance was mixed with a…
Toronto Stock Exchange Indices (July 10, 1989)
1989 July 4 July 3 June 30 June 29 June 28 HIGH LOW Composite “300” 3756.30 Holiday 3760.91 3743.46 3766.57 3806.03 3353.13 Metals & Minerals 3263.34 Holiday 3278.08 3263.21 3292….
LAC makes zinc-gold discovery near its Toqui zinc mine in Chile
An estimate of reserves from a new polymetallic discovery made by LAC Minerals (TSE) on the company’s Toqui property in Chile is expected by this fall. “By late September, we’ll have some firm numbers…
RFC dewatering program starting at Pend Oreille
Preparatory work for a major dewatering program is under way at RFC Resource Finance Corp.’s (VSE) Pend Oreille zinc mine in Washington State. The company has an option to earn a 100% unencumbered int…
FINANCING (July 10, 1989)
Canmark Int’l Res — min 600,000 offered @ 40 cents per sh Liberty Gold Corp — min 400,000 offered @ 44 cents per sh Broadwater Devel — 650,000 sold for gross $260,000 Cannelle Expl — min 625,000 …