News


FINANCING (April 03, 1989)

VANCOUVER Digger Res Inc — 600,000 sold for gross $270,000. TSA Expls Ltd — gross proceeds rec $500,000. Agristar Inc — 4,000,000 offered @ $1.497 per sh. Int’l Brace Res — 600,000 shs offered @ 4…


American Platinum drilling on Angle Bay

A follow-up drill program is planned by American Platinum (VSE) on the company’s Angle Bay platinum group metals (PGM) project, near Lac des Iles, Ont. The four-to-five-hole program, expected to begin…



50 YEARS AGO TODAY IS A WORLD WAR ON THE HORIZON?

Nobody knows with certainty, but everybody is interested in the possibility. If war comes, what then? In the first instance, it would be recognized that such a war would not break on an unprepared wor…


Canamax to sell Hundere prospect for $10 million

A $10-million offer for its Mt. Hundere zinc-lead-silver project in the Yukon was too good to be refused by Toronto-based Canamax Resources (TSE). After outlining 5.2 million tonnes of grade 18.5% com…


Corona declares write-down for Nickel Plate project

Major North American gold producer Corona Corp. (TSE) decided to declare a write-down of $108 million in 1988 after revising ore reserves at its Nickel Plate mine in southern British Columbia. Last ye…


IOCC GOLD OPTIONS (April 03, 1989)

Options Open Series Volume Last Interest May 390 C * 40 12.00 593 May 400 C 1,026 4.20 4,184 May 420 C * 251 1.50 2,918 May 440 C * 130 0.40 2,736 Aug 400 C * 68 …


INSIDER TRADES (April 03, 1989)

Amer. Barrick — Horsham Sec. bought 1,170,300 (Feb.) @ $23.07-$23.50 to hold 14,366,396. Augdome — J. Archibald sold 10,000 @ 30 cents (Sept./88, amended) and 25,000 (Feb., private) @ 21-22 cents …


News in Brief (April 03, 1989)

Lakeshore Minerals (ASE) has acquired a 33-claim gold property in Maricopa Cty., Ariz. Consideration paid for the claims was 100,000 common shares of Lakeshore. The property is subject to a 10% net pr…



Marshall, Caribou in custom milling talks

Negotiations involving Toronto- based Marshall Minerals (ASE) and East West Caribou Mining could make an open pit base metal producer out of the Restigouche polymetallic property in New Brunswick. If …


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