Lytton moves to gain interest in Eskay claims
His problems with securities regulators and former wives aside, Murray Pezim will likely be facing a lengthy legal battle to keep control of his most recent discovery, the Eskay Creek deposit, north o…
News
BRIEFS
In Nanaimo, B.C., 14 teams from mines in the province participated in rescue and first aid contests. Among the winners were Highland Valley Copper (provincial open pit champions); Cominco Sullivan min…
Spot prices at a glance (July 16, 1990)
Week’s Price (US) Change Gold* $353.70 — $7.55 Silver* $4.81 — $0.13 Platinum* $477.65 — $11.10 Nickel** $4.08 + $0.18 Lead** $0.41 $0.00 Copper- $1.28 + $0.08 Zinc– $0.80 + $0.05 Courtesy of Scot…
Equity questions mine closure cost estimates
The British Columbia government and Equity Silver Mines (TSE) are still discussing the amount of a reclamation bond for Equity Silver’s mine near Houston, B.C., slated to close in late 1992. Equity Si…
Deak considers autoclave system for Kerr mill
A feasibility study regarding the reactivation of the roaster at the old Kerr mill at Virginiatown, Ont., or alternatively the replacement of the roaster with an autoclave pressure- leach system, has …
Brinco plans to double Quinsam’s coal output
Although coal may not attract the same attention from investors or prompt claim staking disputes, at US$40 per tonne on world markets, it is no less valuable than many open pit precious metal ores. Es…
Placer Dome in exploration venture with Skyline
A number of gold prospects on the Reg claims held by Skyline Gold (TSE) will be jointly explored by Skyline and Placer Dome (TSE) under the terms of a recent agreement between the two mining companies…
Eastmaque expands American Girl holdings
Partners Eastmaque Gold Mines (TSE) and Morrison-Knudsen (NYSE) recently agreed to explore and develop the newly acquired Oro Cruz property adjacent to their joint venture gold mining operation in the…
Shares acquired
A wholly owned subsidiary of Aitken Lees Capital Ltd. of Toronto, a merchant banker and consulting firm, has become a shareholder of gold producer Consolidated TVX Mining (TSE). The subsidiary, 881096…
Toronto Stock Exchange Indices (July 16, 1990)
July 10 July 9 July 6 July 5 July 4 HIGH LOW Composite “300” 3527.94 3540.64 3549.77 3551.28 3575.24 4009.47 334.13 Metal Mineral 3244.8 3234.2 3270.9 3257.3 3293.8 3453.06 2850.84 Integrated Mines 34…
St. Genevieve drilling deep to south of Wrightbar bet
Deep drilling has resumed at Wrightbar Mines’ (ME) Bourlamaque Twp. property where St. Genevieve Resources (TSE) has the option to earn a 50% project interest by spending $1.5 million. To find a depos…
Noront joins ranks of Eskay hopefuls
In exchange for $115,000 and 100,000 shares, Noront Resources (VSE) has snapped up a 50% interest in a 16-claim block north of the Eskay Creek gold play. The claim block is adjacent and just north of …