News

I was pleased to note that you included Jack McOuat’s speech on Due Diligence as presented at the Toronto Branch of CIM on Sept 15 in your Oct 3, issue. I was disappointed however that you made no men…

The second gold- mine opening in less than a month took place northeast of here recently when the Magino property of Muscocho Explorations (TSE) and McNellen Resources (TSE) officially went into produ…

Attending the ribbon-cutting ceremony at the joint-venture Muscocho Explorations (50%) and McNellen Resources (50%) Magino mine were, from left: Frank Johnson, Muscocho’s general manager mining operat…

Production and gold grades are both up at the Indian River placer project, Gold City Resources (ASE) said recently. Located 35 miles southeast of Dawson City, Y.T., Indian River is a joint venture inv…

Drilling of two deep holes is now under way on the Creede, Colorado silver-gold property held 50/50 by partners Sutton Resources (VSE) and Crown Resource Corp. (NASDAQ). The project is located in the …

Atlantic Goldfields announced a share buy-back plan this week. It intends to buy back certain of its issued shares through open market purchases starting Oct 24. The maximum number of common shares to…

The anniversary of “Black Monday” (Oct 19/87) came and went without too much fuss in Vancouver, and appeared to have no significant effect either way on trading patterns which have been stuck in a sid…

Anglo Canadian Mg — R. Stokes bought 23,000 (Aug-Sept) to hold 572,401. First Canadian Gold — J. Gill bought 400,000 (private) to hold 1,441,413. Mahogany — Goldsil Res bought 48,700, sold 83,500 (…

Golden North Resource Corp. (TSE), owned 42% by Corona Corp (TSE), appears to be spending substantial money in an effort to find new gold deposits in the area of Corona’s Nickel Plate mine near Hedley…

Consider an investor of modest means who holds 100 shares of Inco. How do you think that investor will vote when the company’s board of directors ask his approval to implement a “shareholders’ rights …

Opening new gold mines will almost always take longer than expected and, because more time means greater cost, companies planning to start new mines should be prepared for those costs says Canamax Res…

Results of a recent drill program on the Chappelle project in the Toodoggone area of British Columbia has led Multinational Resources (VSE) to the conclusion that economic grades are restricted to bel…