News

U.S.REPORT Cornucopia appoints financial advisor

Shearson Lehman Hutton has been appointed by Cornucopia Resources (TSE) to act as the company’s advisor in the proposed merger with Galactic Resources (TSE). The proposed business combination between …



Akiko extension

Vancouver-based Akiko-Lori Gold Resources (VSE) has until Aug. 31 to decide whether it’s going to exercise an option on Lansdowne Minerals’ (VSE) Lean-To property. The gold-silver-copper prospect is s…


Indigo Gold raises $600,000 for option

Indigo Gold Mines (ASE) expects to raise $600,000 as a result of share purchases and conversion of debentures. Tyler Resources (TSE), Indigo’s parent, has exercised 1.2 million of its share purchase w…


Golden Pacific plans to drill Penon bet

A recently completed exploration program on the Penon Blanco property owned by Golden Pacific Resources (ASE) has the company planning a drilling program. The property is located near Coulterville, Ca…


Alberta Stock Exchange Gold Vessel up 35 cents

Shares of Gold Vessel Resources jumped 35 cents to $1.05 in the week ended June 26 after the company released assay results from underground channel sampling at its Gold Eagle mine in Arizona. The min…


COATS (over-the-counter) Major zinc discovery

Word of a major zinc find at Noranda’s Lynne project in Wisconsin almost doubled the share value of Pelangio-Larder Mines in the week ended June 26. The first two holes at Lynne both intersected over …



Toronto Stock Exchange Indices (July 02, 1990)

June 26 June 25 June 22 June 21 June 20 HIGH LOW Composite “300” 3495.13 3474.16 3490.72 3526.24 3530.48 4009.47 3334.13 Metals & Minerals 3134.75 3128.57 3159.09 3206.88 3188.01 3453.06 2850.84 Integ…



Quintette loses appeal on award

The British Columbia Supreme Court has denied an appeal by Quintette Coal to have portions of the price award issued last month by an arbitration panel set aside. Quintette had appealed the $46 millio…


Clarification (July 02, 1990)

The Northern Miner issue of June 18, 1990, referring to a report published by the Ontario Securities Commission, said two executives of MSV Resources (ME), Mario Caron and Pierre Boudreault, purchased…


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