More gold reported on Skylark claims
Vancouver-based Skylark Resources (VSE) has encountered some more gold showings during sampling at its Finlay River project in British Columbia’s Toodoggone gold camp. The Finlay River project is part…
News
Investment Comment Golden Giant a boon to Hemlo Gold
When it was revealed recently that stock promoter Charles Stuart will test Ontario’s Mining Act after restaking 148 claims in the Hemlo, Ont., gold belt, the reponse from the mining industry was mixed…
Newmont plans fourth mill at Carlin area properties
Construction of a fourth mill at Newmont Gold’s Carlin area properties in Nevada will cost the company about $61 million(US). The plant, which is part of a $420-million expansion program announced las…
Gunnar, Pan East, Mill City on Fifteen Mile Creek bet
Wayne Benham of MPH Consulting reported on the Fifteen Mile Stream property of Calgary-based Pan East Resources (ASE). Gunnar Gold (TSE) and Mill City Gold also of Calgary, have the right to earn a 37…
Kewagama funding (July 11, 1988)
A flow-through financing between ME-listed Kewagama Gold Mines (Quebec) and Sofimines 1987 and Co., Ltd. Partnership has been completed, with Kewagama rec eiving $212,911.72 in exchange for 218,370 sh…
PRODUCER PRICES (July 11, 1988)
ALUMINUM: MW U.S. Market $1.20-$1.29 per lb. (June 30, 1988). ANTIMONY: New York dealer $0.95-$1.00 per lb. (June 30, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New …
Mark V takes second look at Bagdad prospect results
Still without a permit for a mining operation, Vancouver-based Mark V Petroleums and Mines (VSE) has received more encouraging results from the Bagdad gold project in Granite Cty., Mont. With a 200-to…
Pioneer program at Bonito yields good gold intercept
Exploration drilling at Pioneer Metals’ (TSE) Bonito gold/silver project in New Mexico returned 100 ft of 0.18 oz gold in the Blue Front zone. Drilling is continuing and 12 holes totalling 2,800 ft ha…
VSE takes steps to beef up surveillance with consultant
Saddled with an image problem that fluctuates much like the stock market, the Vancouver Stock Exchange is moving decisively to beef up its market surveillance system. The exchange recently commissione…
News in Brief (July 11, 1988)
Bart Resources has changed its name to Thermo Tech International Inc. (TTJ:VSE) on a share- for-share basis.
Normetal completes six holes at Bassignac
A 6-hole drill program has been completed by Normetal Mining Exploration (ME) at its Bassignac property in Destor Twp., in northwestern Quebec. Four holes intercepted gold values, the company reports….
Holmer to accelerate drilling on advanced exploration bets
The sale of 300,000 flow-through shares at $1 per share to Northgate Exploration (TSE) has enabled Holmer Gold Mines (ASE) to accelerate exploration at a couple of advanced exploration programs in Ont…