Drilling continues at Scott Lake
A pair of drill rigs has been stationed at the Scott Lake base metal property in the Chibougamau, Que., area where project partners Thunderwood Resources (TSE), the operator, and Greenstone Resources …
News
Encouraging results at Santoy
Encouraging trenching results from the Santoy Lake gold property in northern Saskatchewan were reported by joint venture partners Claude Resources (TSE) and Manchester Resources (ASE). Two zones have …
Low metal prices, high dollar offset Cominco’s better output
A loss of $22.1 million is reported by Cominco (TSE) for its third quarter ended Sept. 30, which brings the company’s loss for the first nine months of this year to a total of $25 million. This compar…
INSIDER TRADING (November 04, 1991)
Oklahoma oilman George Kaiser struck a bargain when he secured control of Toronto-based palladium-platinum explorer Madeleine Mines (TSE). According to the Ontario Securities Commission OSC Bulletin, …
Placer options USMX ground
Colorado-based USMX (NASDAQ) recently granted Placer Dome (TSE) the right to explore and to purchase two separate blocks of ground in White Pine Cty., Nev. The blocks make up a small portion of USMX’s…
Toronto Stock Exchange (November 04, 1991)
Inco affiliate Fort Knox Gold emerged as one of the most active issues during the week ended Oct. 29 as investors positioned themselves for future results from the junior’s Shining Tree, Ont., project…
Unlisted Trading (November 04, 1991)
Gaining five cents to close at 18 cents for the week ended Oct. 29, Copperquest said it will continue work on its claims in the Shining Tree area of northeastern Ontario. Previous drilling on the 26-c…
GOLD FUNDS (November 04, 1991)
BGR Central Net Value $8.50 $5.00 Price $7.88 $4.550 Discount 7.35% 9.0% Value $50,610,017 $76,550,565…
Idaho acquiring property interests
Idaho Consolidated Metals (VSE) said it is negotiating for the acquisition of up to a 60% interest in the entire property portfolio in Idaho of private company Idaho Mining and Development, and a 60% …
PROFILE (November 04, 1991)
In recent decades, the University of Toronto has produced some of Canada’s leading geophysicists, Duncan Crone among them. President of Crone Geophysics & Exploration, he is best known as a pioneer of…
FINANCING (November 04, 1991)
Coral Gold Corp. — 8000,000 shs offered @ 17 cents per sh.
Spot prices at a glance (November 04, 1991)
Week’s Price (US) Change Gold* $359.80 – $3.10 Silver* $ 4.11 – $0.04 Platinum* $363.00 – $4.10 Nickel** $ 3.37 + $0.03 Lead** $ 0.24 + $0.01 Copper $ 1.09 + $0.02 Zinc $ 0.45 …. Courtesy of Scotiab…