Drilling starts on Great Lakes’s bet
Joint venture partners Great Lakes Minerals (TSE) and Michigan Mining have begun an 8,000-ft drill program on their Keweenaw copper project in northern Michigan. The property is situated about 80 mile…
News
Aur keeps 55% of Louvicourt, Noranda to get smelter feed
The four participants in the Louvicourt Twp. base metal discovery emerged recently with a deal that removes all of the litigation surrounding the deposit, while guaranteeing Noranda’s (TSE) right to t…
Production and costs up at Eastmaque’s Kirkland Lake project
A record 2,100 oz. of gold was produced at Eastmaque Gold Mines’ (TSE) Kirkland Lake tailings project in August, following declining production in the second quarter. Lower plant feeds and metallurgic…
News in brief (September 17, 1990)
Akiko-Lori Gold Resources (VSE) has exercised its right to option a 50% interest in Lansdowne Minerals’ (VSE) Lean-To property in the Omenica district of British Columbia. Akiko can earn its interest …
Sutton earns interest in African nickel bet
Vancouver-based Sutton Resources (VSE), through an agreement with Romanex International, has acquired the right to earn a controlling interest in a large nickel deposit in western Tanzania. By spendin…
Vancouver Stock Exchange Vancouver Stock Exchange sinks to new lows
In a word; sick, or in two; very sick. The Vancouver stock market is suffering from a case of the jitters and it if had a head coach that person would very likely be looking for another job. The Vanco…
COATS (over-the-counter) Pelangio finds more gold
Five new gold showings on the North Spirit Lake property, 100 miles north of Red Lake, Ont., have increased the extent of gold occurrences on the property to at least 650×5,000 ft. Pelangio-Larder Min…
U.S. REPORT USMX discovery at Alligator Ridge
Denver-based USMX Inc. (NASDAQ) is reporting the discovery of potentially significant gold mineralization at five targets of the recently acquired land package in the Alligator Ridge Trend of eastern …
LETTER TO THE EDITOR: Brokers, banks shouldn’t have final say
Normally I would relish participating in the important debate your editorial invites (Taxpayers shouldn’t be “bank of last resort,” N.M., Sept. 3/90). But the Deak project has been 18 months of exhaus…
Luncheons for shareholders recall more prosperous times
Over my many years associated with this paper, one gets to attend quite a few mining functions — official openings, receptions, dinners, show-and- tell gatherings and fish derbies. By and large these…
Onitap fights back
Onitap Resources (TSE) has hired legal counsel to defend itself against Exploration Orex (TSE), which is claiming damages for breach of trust, breach of fiduciary duty and injurious falsehoods at the …
Toronto Stock Exchange Indices (September 17, 1990)
Sept. 11 Sept. 10 Sept. 7 Sept.6 Sept. 5 HIGH LOW Composite “300” 3272.24 3287.65 3287.02 3312.80 3333.19 4009.47 3272.24 Metals & Minerals3005.41 2984.24 2976.62 2987.08 3032.76 3453.06 2850.84 Integ…