While production at the Mobrun mine near Rouyn-Noranda is on hold because of development work until July 1989, Audrey Resources (TSE) managed to strengthen its financial position recently. Revenues fo…
Calgary-based Bresea Resources (ME) has secured $285,000 from two flow-through share issues to finance exploration at its wholly- owned Back-River claims in the Northwest Territories. Under separate a…
Underground drifting and drilling programs at the Chester Twp., gold property being developed by Chesbar Resources (TSE) and Murgold Resources (TSE) in northern Ontario continue to confirm the continu…
It hasn’t been such a bad year for lead during these profitable times of higher prices for base-metal commodities, with the metal averaging about 29 (US) per lb on the London Metal Exchange so far thi…
Yet another Canadian mining company has entered the search for graphite. Quebec-based junior Mazarin Inc. (TSE) plans to spend almost $1.1 million between now and next May exploring for graphite, as w…
A 4-month preliminary exploration program carried out by Rio Plata Resources (VSE) was recently completed on the Hislop and Matheson Township claims in northern Ontario. The company says geophysical s…
An agreement has been concluded between Rio Algom (TSE) and Teck Corp. (TSE) which should see Lornex Mining (VSE) discontinued as a public company. The tightly held company was incorporated in British…
Another eight drill holes have been released by Huntington Resources (VSE) for its Brett property near Vernon, B.C. Two out of eight holes returned no significant assays and values in the remaining …
How often has it occurred to some would-be entrepreneur that if there was a way to bottle the pure, fresh air of a spring morning in the great Canadian outdoors, they would be a millionaire. There’s a…
Semi-monthly report as of Oct 31 showed 26,749,239 shares of 615 issues compared with 25,740,158 shares of 592 issues on Oct 15. Larger individual positions include: Amca Int’l 148,700; Amer Barrick 9…
Mountain West Resources (VSE) has received several unsolicited expressions of interest about its Elkhorn property in Nevada since Homestake Mining dropped its option earlier this year. Funded by Homes…
A bout of dull trading hammered the market today, clipping 35.13 pts of the index which closed at 3,209.82 pts. For the week, the index is off more than 50 pts. U.S. dollar woes, free trade concerns a…
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