Gaspe region prospectors hold meeting
The Association of Gaspesian Prospectors, bolstered by financial assistance from both the federal and provincial government, has grown into a vibrant organization with at least 250 members. Gathered i…
News
U.S.REPORT NEWS IN BRIEF Expansion drilling at Fort Knox
The first hole drilled this year at the Fort Knox gold property near Fairbanks, Alaska, averaged 0.089 oz. gold per ton over its entire length from zero to 820 ft. Fort Knox is an advanced, bulk tonn…
PRODUCER PRICES (July 01, 1991)
ALUMINUM: MW U.S. Market US56.50-60.50 cents per lb. (Jun. 13, 1991). ANTIMONY: New York dealer US84-85 cents per lb. (Mar. 14, 1991). BISMUTH: New York dealer US$2.90-3.05 per lb. (May 23, 1991). CA…
Queenston positioned for the future
While there were no startling announcements forthcoming at Queenston Mining’s (TSE) well-attended annual meeting, shareholders learned it has much going for it these days putting it well ahead of most…
U.S. REPORT Annabell gets good values over widths of up to 80 ft.
Drilling on the Bunce gold property in Pershing Cty., Nev., continues to return good gold values over widths of up to 80 ft. The drilling program is part of an ongoing $800,000 earn-in program. Annab…
Vancouver Stock Exchange Pockets of excitement
Despite some pockets of excitement, the general market in Vancouver was recently characterized by a local mining analyst as “bleeding badly.” Both the Vancouver Stock Exchange composite and resource i…
EDITORIAL PAGE Leading indicators
If you want numbers on the gross domestic product, on inventories, on the trade balance, employment or inflation, Statistics Canada and other sources have more than enough data to keep you busy. Unfor…
FINANCING (June 24, 1991)
Barkhor Resources Inc. – 1,000,000 units consisting of 1 sh and 2 wts offered @ 47 cents per unit.
OBITUARY Peter Edwin Graham
Peter Edwin Graham, who in 1975 formed Graham Mining Ltd. with his father and built it into one of Ontario’s major mine contracting firms, died in Thunder Bay, Ont., June 11 of a massive brain hemorrh…
PEOPLE IGRF METALS
Paul Gold elected president and chief executive officer.
Copper price reflects trend in supply figures
Having surprised analysts with its resilience since the early stages of the recession, copper has finally reacted to the fundamentals of supply and demand. It fell through the US$1 threshold last mont…
Plexus refinances
A new loan facility totalling US$12.5 million was recently negotiated by Plexus Resources (TSE). Plexus will use the funds to repay an existing 17,100-oz. gold loan (US$7.2 million) as well as US$2….