Alberta Stock Exchange Penway loses ground
While big traders like Argus Resources and Penway Explorations lost ground this week, Calgary- based Gold Vessel added an impressive 50 cents to its share price. Gold Vessel, which closed at $1.70, r…
News
B&B proposes new mine in southern California
A new gold operation, the open pit, heap leach Castle Mountain project, is being proposed in southern California by B & B Mining of Vancouver, B.C. According to a plan of operations filed with the U.S…
Timmins Report Positive results on Puissance
The contribution of flow- through funding for junior exploration programs is still being felt in the Timmins area. One of the more interesting projects is known as the Puissance project of Orcana Reso…
Results in Manitoba encourage Golden Range
A $3-million exploration program at the Hudvam polymetallic property in Manitoba is producing some encouraging results for Toronto- based Golden Range Resources. Located 30 miles northeast of Flin Flo…
Another Carlin strike for Barrick Res.
They may have called it the “Screamer” deposit, but American Barrick Resources has kept very quiet about the latest discovery along the Carlin gold trend near Elko, Nev. While the Toronto company has …
Cusac draws healthy return from B.C. mine
Gold production of 21,840 oz was achieved in 1987 at the Table Mountain project near Cassiar, B.C., according to preliminary data released by Cusac Industries of Vancouver. The mine is operated by Tot…
Editorial No sale for Sudbury slag
You’ve no doubt heard of the “Pet Rock,” which a few years back made a fortune in the U.S. and here for its inventor. As P. T. Barnum said, there’s one born every minute, and we continue to fall for s…
Dration/Locator asses Theresa
A good deal of religious fervor, including site visitations by priests, was practised by management in an effort to coax profitability from the Theresa gold mine in the early 1950s. The effort was for…
Hudson Bay to mine Callinan ground in ’89
It’s been a long wait for shareholders of Consolidated Callinan Flin Flon Mines, but the 1,200-acre zinc-copper property the company once held in northern Manitoba is now slated to go into production …
Narrow trading range for silver
A trading range for silver between $6(US) and $8 seems reasonable for months to come because of reduced investor interest and the build-up of supplies overhanging the market, said a spokesman for silv…
Hot intersections pulled at Messeguay gold prospect
Montreal-based Messeguay Mines has pulled a hot intersection from its wholly-owned Launay/ Privat property where a new zone is being explored, the company said recently. Weighing in at 64 ft grading 0…
With new board, and fresh capital, Nor-Quest outlines its new
Equipped with a reorganized board of directors and $2.1 million in equity capital, Nor-Quest Resources has outlined its short-term strategy after a preliminary review of operations. After producing 46…