Editorial Within our means
No one, it seems, likes Brian Mulroney. But like him or not, some of his Tory government’s policies are working. Fiscal responsibility, for example, has been one of the government’s strongest suits an…
News
Underground sampling at Eskay
The first assay results released by Prime Resources Group (VSE) from underground sampling of the 21B zone at Eskay Creek appear to be confirming with ease the high-grade nature of the deposit north of…
Continental backs Placer Dome bid
Shareholders of Continental Gold (TSE) can expect to receive a directors’ circular in response to the recent takeover bid announced by Placer Dome (TSE). The circular contains an unqualified recommend…
Black Hawk offering to raise $3 million
Toronto-based Black Hawk Mining (TSE) recently filed a preliminary prospectus for a proposed rights offering designed to raise $3 million for a feasibility study on the company’s nickel- copper-cobalt…
COATS (over-the-counter) Montrose speculation
Speculation on results from a 3-hole drill program at Montrose Gold’s 10-claim prospect in Montrose Twp., Ont., sent the junior’s share price soaring to 80 cents, up 30 cents from last week’s close on…
Placer banks $288.5 million on sale of oil and gas subsidiary
For cash proceeds of $288.5 million, Placer Dome (TSE) has completed the sale of its Canadian oil and gas operations to Calgary-based Opus Acquisition. The sale, which will have a substantial impact o…
FINANCING (October 08, 1990)
Pacific Summa Capital Corp. — 200,000 shs offered @ 50 cents per sh. AIC International Resources Corporation — 300,000 shs offered @ 35 cents per sh. Tyme Resources Ltd. — 700,000 shs offered @ 20 …
BOOKS IN REVIEW Register of Australian Mining
Register of Australian Mining 1990/91, is now available in Canada. More than 20 journalists and researchers contributed to this year’s edition. Along with highlights of new discoveries and the rush in…
Gold Canyon and Noranda to explore Blue Dog
An agreement in principal has been reached between Gold Canyon Resources (VSE) and a unit of Noranda (TSE) for the funding of further expenditures on the Blue Dog gold project in Washington Cty., Idah…
NEWS IN BRIEF Christina Exploration Ltd.
Christina Exploration Ltd. (KRX:VSE) has changed its name to I.E.S. Technologies Corp. with no consolidation of capital. Transfer agent is Pacific Corporation Services.
Reserve estimate boosted at disputed Brookbank bet
An Ontario gold deposit, currently the subject of a court battle involving Metalore Resources (TSE) and Ontex Resources, (ASE) may prove to be much larger than the two companies had anticipated. After…
Iskut to earn 50% of J.A.G. gold bet
Vancouver-based Iskut Gold (VSE) has obtained the right to earn a 50% stake in Les Mines J.A.G.’s (ME) Belleterre gold property, 62 miles southwest of Val d’Or, Que. To earn the interest, Iskut Gold m…