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Dumont private placement

Dumont Nickel Corp. (ME) has entered in to a private placement agreement with Sasu Investments, a private company controlled by Dumont director Jack Kentish Jr. Sasu has subscribed for 666,666 units o…



Books in review

A book tracing the history of the Quebec mineral industry from its beginnings to the present, titled Des mines et des hommes, was recently published. “It’s the first time such a complete and detailed …


Gold funds as of April 11

BGR Goldcorp Central MVP Capital Net value $12.03 8.95 6.46 0.72 Price $9.125 5.125 5.62 0.49 Discount $24.15 42.7 12.9 32 Value …


Noront flow-through

Noront Resources (VSE) has agreed to place a total of $1.16 million of flow-through shares with two flow-through funds. The money will be spent on the exploration of properties in Newfoundland and in …


Novagold could produce copper at Murray Brook

Halifax-based Novagold Resources’ (TSE) is evaluating the possibility of mining a copper zone on its Murray Brook property in New Brunswick. A diamond drilling program is currently under way and a tot…


Open pit mine studied for Big Hurrah

The first draft of a mine feasibility study nearing completion on the Big Hurrah gold project has Valhalla Gold Group Corp. (VSE) discussing project financing with investment firms and senior mining c…



Pass Lake initiates acquisition program

After putting together a 110-sq-mile land position in the Galore Creek camp in northwestern British Columbia, Pass Lake Resources (VSE) has teamed up with Golden Sitka Resources (VSE) to carry out a n…


Quartz Mountain study continues

By the second quarter of 1989, partners Quartz Mountain Gold (TSE) and Galactic Resources (TSE) expect to have completed a feasibility study on the disseminated oxide portion of the Quartz Mountain go…


Quebec nickel play fueled by mystery

At last count, 24 junior companies had acquired properties in the Lac St. Jean area of Quebec, where a new base metal discovery is generating plenty of action. Since no drilling has yet been done, a g…


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