Gold funds as of Jan 23
MVP BGR Central Capital Net value $12.61 $6.33 $0.45 Price $11.50 $6.50 $0.42 Discount 8.80% 2.7% 7% Value $75,106,282.70 $106,636,558 N/A…
News
GEXA, U.S. Precious Metals have Mother Lode up to speed
The first two bullion pours have been completed at the recently commissioned Mother Lode heap leach gold mine near Beatty, Nev. Opened two months ago, the open pit mine is held by a joint venture of U…
FINANCING (January 29, 1990)
Multiplex Res. — min 675,000 offered @ 35 cents per sh. Rock Creek Res. — gross proceeds rec $350,000. Waterford Res. — 600,000 offered @ 40 cents per sh. Sunport Metals — opt exerc on 150,000 @ …
Murray Brook milestone
Four months after opening, precious metal production has surpassed one ton at NovaGold Resources’ (TSE) Murray Brook gold mine, 50 miles west of Bathurst, N.B. Since the mill startup last September, t…
Taywin options project to Placer Dome
Junior company Taywin Resources (VSE) recently announced an agreement in principle with Placer Dome (TSE) involving a gold-silver prospect situated adjacent to its Electrum claims in the Zeballos camp…
Books in Review Papers from effluent treatment seminars
For every ounce of gold poured in Canada, the average gold mine produces about 4.2 tonnes of mill tailings. And for 52 of the 65 gold mills operating in the country, this solid-liquid mixture contains…
Shamrock exploring Idaho gold deposit
A small low-grade gold deposit in Idaho could be developed by Vancouver-based Shamrock Resources (VSE) and United States Antimony (NASDAQ) if results of a prefeasibility study under way are positive. …
NovaGold production
More than 1,000 kg of metal production has come from the Murray Brook gold-silver mine, operated by NovaGold Resources (TSE) in New Brunswick. The open pit mine has been in production for four months….
Tache hold includes 36 ft. of 8% inc, plus 0.32 oz. gold
Interesting zinc-gold values have been reported by Bitech (ASE) from a recent drill hole on the Tache zinc-gold-silver project near Chibougamau, Que. Bitech is the operator and can earn a 50% interest…
Wharf completes United Coin deal
The purchase of a $2.1-million note (Series 2) from United Coin Mines (TSE), the final instalment of tranche 2 of a commitment to acquire up to $9.6 million of United’s 11% notes, was recently complet…
Editorial Ready for freedom?
Many politicians of our time are in the habit of laying it down as a self-evident proposition that no people ought to be free till they are fit to use their freedom. The maxim is worthy of the fool in…
Umex sells claims for $500,000
Vancouver-based Major General Resources (VSE) is poised to pick up a large portfolio of exploration properties from Umex, a subsidiary of Belgium-based Union Miniere SA. The two companies recently sig…