News


Iskut River road study in progress

Vancouver- based Thurber Consultants Ltd. has been selected to lead a $75,000 study of potential resource road access into the remote Iskut River area in northwestern British Columbia. The study is to…


Winter drilling at Eastmain

A final feasibility study for the Eastmain gold project in northern Quebec will be delayed until the results of a winter drilling program are integrated into the assessment, MSV Resources (ME) reports…


Petromet and partners extend zone at Rambler

Drilling has traced a zone of copper-gold mineralization down dip to a depth of 600 ft on the Rambler property. Situated in Newfoundland, the Rambler property is being explored by a joint-venture grou…



Deak given right to deal Nuinsco Resources shares

Toronto-based Deak International Resources Holdings has been granted an option to deal its holding in Nuinsco Resources (TSE) to affiliate Deak International Resources. Under an agreement, Deak Holdin…


Quartz Mountain dissent fizzles

The Supreme Court of British Columbia has dismissed an application by three shareholders of Quartz Mountain Gold (TSE) for an order postponing the company’s annual general meeting until March 6. The m…


Metal Prices PRODUCER PRICES (February 20, 1989)

ALUMINUM: MW U.S. Market $1.02- $1.05(US) per lb. (Feb 2, 1989). ANTIMONY: New York dealer $1.00 cents – $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.75-$6.85(US) per lb (Jan 26, 1989…


Earnings Report (February 20, 1989)

Battle Mountain Gold (TSE) reports net earnings for the fourth quarter of $12.1 million(US) or 18 cents per share on revenue of $32.4 million compared with net earnings of $17.5 million or 27 cents …


Campbell seeks $40 million

A $40-million financing is being arranged by Campbell Resources (TSE). The cash will be used to fund the expansion of Campbell’s Joe Mann gold mine near Chibougamau, Que. Hosting reserves of 3.7 milli…


South Atlantic to develop copper project

With a feasibility study for a 250,000-ton-per-year mine and mill nearing completion, South Atlantic Ventures (VSE) is examining several options to raise the estimated $7 million(US) required to bring…


Calpine/Stikine results shows tonnage potential

Recent drill results from the Eskay Creek property of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) demonstrates its bulk tonnage potential. Among the latest assay results was 24.6 ft …


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