Granges, Mid-North
A drill program operated by Granges Exploration (TSE) has intersected encouraging gold values from the Gurney project, east of Flin Flon, Man. The project is held in joint venture with Mid- North Reso…
News
Earnings Reports (March 13, 1989)
Horizon Gold Shares (NASDAQ) reports a net loss of $195,358(US) or 1 cents per share for the three months ended Dec 31. For the nine months ending the same date net income was $1.03 million or 6 cents…
Newmont exploring Miramar’s Nevada gold properties
Exploration and development work under the direction of Newmont Exploration is continuing through the winter season on the Paymaster properties in Nevada, a bulk tonnage disseminated gold project. Ear…
Doron completes drill program on Yukon gold project
After completing an initial drill program on its 100%-owned Caribou Creek gold property, Doron Explorations (VSE) says it has outlined a mineral horizon over a strike length of 500 ft that is still op…
Platinova, partners plan to dredge for aggregate in Lake Ontario
Toronto-based junior Platinova Resources (TSE) is planning to dredge Lake Ontario for fine aggregate for sale to the concrete industry. Using Scandinavian dredging technology, Platinova and its partne…
Thunderwood’s Gold Hawk yields high grade gold
While still in the early stages of underground exploration at its Gold Hawk property near Val d’Or Que., International Thunderwood Explorations (TSE) says it is already getting some encouraging result…
Diana Res. begins drill program
Diana Resources (VSE) says a 7,000-ft drill program will begin shortly on its 82 claim Obatogamau gold property in the Chibougamau area of Quebec. Two surface gold showings will be tested, together wi…
Corona takeover offers extended two weeks
A 2-week extension has been announced by Corona Corp. (TSE) on its takeover offers for Dickenson Mines (TSE) and Kam-Kotia Mines (TSE). The original deadline for shareholders to respond was March 7. C…
Funds expand exploration program for Int’l platinum
International Platinum Corp., (TSE) has completed a $900,000- private placement of common shares with a group of Swiss, Belgian and English investors. In addition, the company has acquired $533,000 th…
OMA elects new chairman
Andrew Rickaby, vice-president, of mining for Denison Mines, has been elected chairman by the board of directors of the Ontario Mining Association (OMA) for 1989/90. His election was announced by Patr…
Oneida Res. options Arizona gold claims
An Arizona precious metals property has been acquired recently by Oneida Resources (VSE). .T The property, known as the Mexican Hat project, is located in Cochise Cty., Ariz., about 80 miles southe…
CIM-NB gives grant to school
Officers of the New Brunswick Branch of CIM met recently with students and teachers at Fredericton High School to present a grant to the school’s geological studies program. Seen here, John Stirling, …