Orex preparing for feasibility study
Exploration Orex (ME) is weeks away from completing a bankable feasibility study on the Goldboro property in Nova Scotia. The company is seeking about $50 million from a major bank to construct a test…
News
Battle Mountain options Crown Jewel
Through a cash payment of US$5 million, Battle Mountain Gold (NYSE) has obtained an option to acquire a 51% interest in the Crown Jewel property owned by Crown Resources (VSE) in Washington State. Bat…
High Frontier acquires Utah gold project
A mineral prospect in Utah reported to have potential for a “Carlin-type” gold deposit has attracted the interest of High Frontier Resources (VSE). The junior recently acquired the Washington Dome pro…
Deep drilling cuts good gold grades at Upper Beaver
Recent drilling by Pamorex Minerals (TSE) on the old Upper Beaver mine property, north of Larder Lake, Ont., has intersected a zone averaging 1.4 oz. gold per ton (uncut) over 21.2 ft. at a vertical d…
Bonanza’s drilling intersects new Poirier sulphide horizons
Bonanza Metals (ASE) says it has intersected some encouraging new sulphide horizons during recent drilling on the western half of its Poirier zinc-copper property near Joutel, Que. Forbex Resources (M…
Golden Tanager changes name to `Registry’
At a meeting on Feb. 26, shareholders of Golden Tanager Resources (COATS) voted to change the company’s name to Registry Resources, and to consolidate its issued common shares on a 1-for-2 basis. The …
Obituary Theo Parr
Theo Parr, retired vice-president and director of Ingersoll-Rand Canada, died in Cuernavaca, Mexico, March 7. He was 84. Throughout his career, Parr actively promoted the sale of indus0000,0600 trial …
Campbell turns a profit while expanding its Joe Mann mine
While in the midst of expanding its Joe Mann gold copper mine in Chibougamau, Que., Campbell Resources (TSE) earned a small profit for the year ended Dec. 31. In 1989, the Toronto-based affiliate of N…
IOCC GOLD OPTIONS (March 26, 1990)
Options Open Series Volume Last Interest May 400 C 265 9.50 1,012 May 410 C 471 5.50 1,340 May 420 C 450 4.50 2,808 May 430 C 167 2.50 1,558 May 440 C 215 1.20 1,539 May 450 C 190 0.50 1,174 Aug. 430 …
Laverty to test gold zone near Red Lake
Results from a recently completed humus sampling program on a claim group near Red Lake, Ont., have revealed strongly anomalous gold values, says property owner Laverty Red Lake Resources (COATS). The…
Metalore mum on Brookbank results
Metalore Resources (TSE) isn’t releasing any new drill results from its Brookbank gold property in northern Ontario, although a $1- million exploration program was completed on the claims last year by…
Total increases stake in Casa Berardi area
A joint venture agreement has been signed between Total Energold (TSE) and Morrison Minerals (TSE), allowing the partners to pursue exploration targets near Casa Berardi, Que. By spending $1.5 million…