News


Glimmer focuses on Hislop project

The last three holes of an 18-hole drilling program on Glimmer Resources’ (VSE) Beatty-Hislop property will get under way sometime in July. Noranda (TSE), Glimmer’s joint venture partner, will also pr…



Aquagold, Granges form joint venture

Exploration on the Noel Paul’s Brook base metal property in central Newfoundland will begin shortly following a joint venture agreement between AquaGold Resources (ASE) and Granges (TSE). Granges can …


Kimex, Wabigoon in option deal

A formal agreement has been completed by Kimex Resources (ME) and Wabigoon Resources (COATS) which gives Kimex the option to earn a 50% interest in Wabigoon’s Hunter gold property in Whitney Twp., nea…



U.S.REPORT Cash infusion boosts Plexus’ outlook

At first glance, the balance sheet of Plexus Resources (TSE) as of March 31, 1990, would give most investors an itchy trigger finger. At that time, working capital was a negative US$4.7 million while …



Akiko-Lori funding three drill programs

Three exploration drill programs are being funded this summer by Vancouver-based Akiko-Lori Gold Resources (VSE) on separate prospects in northern Ontario and British Columbia. Drilling has already st…


Toronto Stock Exchange Indices (June 25, 1990)

June 19 June 18 June 15 June 14 June 13 HIGH LOW Composite “300” 3529.05 3519.85 3569.09 3577.11 3605.71 4009.47 3334.13 Metals & Minerals 3181.04 3183.21 3217.65 3229.20 3250.72 3453.06 2850.84 Integ…


Mazarin negotiates second sales deal

A second agreement covering the overseas sales and distribution of graphite has been signed by Societe d’Exploration Miniere Mazarin (ME). Nichimen Canada, a wholly owned subsidiary of Nichimen Corp. …


BRIEFS Ram drilling

Ram Petroleums (TSE) has completed 2,000 ft. of drilling at its wholly owned wollastonite property in Olden Twp. in eastern Ontario. President R.J. Opekar said results from eight holes indicate a zone…


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