Anglo encouraged
Narrow intersections carrying visible gold have been reported by Anglo Canadian Mining (TSE) from some recently completed drill holes on its MWF property near Timmins, Ont. The claims are situated in …
News
Aurizon’s Beacon bet yields barren holes
No economic values were encountered in a recent 15,000-ft. drill program completed by Rio Algom (TSE) on the Beacon base metal property of Aurizon Mines (TSE) near Val d’Or, Que. The claims are about …
NEWS IN BRIEF Curragh Resources
Curragh Resources Inc. (CZP: TSE) has changed its registrar and transfer agent to Royal Trust Co.
LETTERS TO THE EDITOR Acquiring shares at a discount
Your recent editorial (T.N.M., Oct. 15/90) discusses how investors could acquire shares in junior companies with large cash positions at a discount. As a shareholder in Eurus Resource, I just received…
Museum mineralogy subject of series
The mineral collection of the Royal Ontario Museum (ROM) will be “on display” in January when the mineralogy department presents its Cocktails with Curators IV. On three Tuesday evenings (Jan. 8, 15 a…
LETTERS TO THE EDITOR Exploration needs more investor incentives
My letters to federal Mines Minister Jake Epp, pointing out theseverity of the downturn in mineral exploration in Canada, have not gone unheeded. I recently received a reply from Mr. Epp, indicating t…
Aurora drill program
A 4-hole drill program is under way on Aurora Gold’s (ASE) Best Chance copper property in the Yukon Territory. The company hopes to increase minable tonnage on the property by testing a possible south…
Drilling confirms Lightning zone
The latest batch of drill results from the Lightning zone of the Holloway project owned 60/40 by Noranda (TSE) and Freewest Resources (TSE) confirm a major gold deposit with significant widths is taki…
GOLDFUNDS (November 12, 1990)
MVP BGR Central Capital Net value $10.01 $5.54 $0.28 Price $9.25 $5.125 $0.14 Discount 7.59% 7.5% 50.0% Value $59,611,946 $86,224,538 N/A…
Avondale, Gulf report assays
Underground drilling of the AK zone on the Inel project in the Iskut River area of northwestern British Columbia is returning mixed results for partners Avondale Resources (VSE) and Gulf International…
Forbex agreement
A preliminary agreement has been reached between Ressources Miniere Forbex (ME) and Minnova (TSE) regarding the optioning of property in Beauchastel Twp., near Rouyn-Noranda, Que. The agreement will g…
EDITORIAL PAGE Staking rush, or facsimile thereof
The last of Ontario’s great races from claim staking to the mining recorder’s office turned out to be little more than a race to the telephone. The biggest problem was finding a telephone. When 2,400 …