FMC Gold to evaluate Excelsior project
Spokane- based Steelhead Resources (VSE) recently granted FMC Gold Co. (NYSE) the right to perform a detailed evaluation of its Excelsior gold-silver project located in Whatcom Cty., Wash. The agreeme…
News
007 reports results
Narrow gold intersections have been obtained by 007 Precious Metals (VSE) at its Rainbow Island gold property in the Sturgeon Lake area of northwestern Ontario. The best assay result from seven shallo…
News in Brief – Dividends (August 21, 1989)
Hudson Bay Mining and Smelting Co. Ltd. (TSE) has declared a 7 cents dividend on its common shares for the two quarters ended Sept 30, payable Sept 15 to shareholders of record Aug 15. The company has…
Gold funds as of August 15
MPV BGR Central Capital Net value$11.78 $ 5.89 $0.57 Price$10.375 $ 5.88 $0.36 Discount 11.93% .3% 36.8% Value$70,145,045.73 $99,142,913 N/A…
Metal Prices PRODUCER PRICES (August 21, 1989)
ALUMINUM: MW U.S. Market US82.00 cents – 83.50 cents per lb. (Aug 3, 1989). ANTIMONY: New York dealer 95 cents -$1.00(US) per lb. (July 20, 1989). BISMUTH: New York dealer $5.45-$5.50(US) per lb. (Aug…
Conference
The third Metals Week lead-zinc conference will be held March 5-6, 1990 in Tapatio Cliffs, Ariz. The strong zinc and lead prices of late have benefited many producers, but high prices bring problems a…
obituaries Ovide D. Maurice
Ovide Dollard Maurice, a former director of the Geological Exploration Services of the Quebec Department of Natural Resources, died recently at age 70. Born near Midland, Ont., Maurice graduated from …
Hemlo dispute ends Court upholds decision awarding Williams gold
The largest underground gold mine in Canada belongs to Corona Corp. (TSE), the Supreme Court of Canada has ruled. The court upheld a decision rendered in 1986, which awarded the Williams mine in the H…
China First options Union Nickel deposit
China First Capital Corp. (VSE) of Toronto says it has obtained an option to earn a 100% interest in the Union Nickel-Copper deposit in Knox County, Maine. The agreement requires China First to pay an…
Letters to the Editor South Africa sanctions would hurt Canada
Even while Joe Clark and several others were pontificating about South Africa in Canberra, Australia, CBC’s “The Journal” was giving an account of some surprising developments in Sioux Lookout, Ont. I…
Dolphin drilling Big Pond showing
Diamond drills are currently probing a new gold showing on Dolphin Explorations (TSE) Cape Ray property in southwestern Newfoundland. The gold showing, known as the Big Pond occurrence, is situated ab…
Farquharson property optioned by Orcana
Toronto-based Orcana Resources (VSE) has optioned a group of 18 claims located about six miles east of the Val d’Or massive sulphide discovery currently being explored by Aur Resources (TSE) and Socie…