Fish Lake deposit before the courts
On page 12 of your Nov 13 issue in your news item regarding Pioneer Metals, you indicate that the Fish Lake deposit is owned by Cominco Ltd. The Fish Lake deposit is a porphyry copper-gold deposit con…
News
Faraday, Jascan
Faraday Resources (TSE) has increased its interest in Jascan Resources (TSE) to 48.8%. The company purchased another 1.3 million shares of Jascan privately. Jascan holds a portfolio of mineral propert…
Anglo options Timmins claims
Vancouver-based Anglo Canadian Mining (VSE) has signed a letter of intent to option a gold property in Matheson Twp., Ont., from Timmins prospector Corrie Miller. The property, which comprises two pat…
Sikaman, partner plan placer gold project in Ghana
A joint venture agreement has been entered into between Sikaman Gold Resources (TSE) and ITM International for development of the former’s two placer gold mining concessions in Ghana, West Africa. ITM…
Toronto Stock Exchange LAC share volumes soar on takeover talk
Furious trading in the shares of LAC Minerals, fuelled by talk of a takeover, led the issue to the top of the most active list. Activity during three days ended Nov. 29, today, saw more than 7.6 milli…
COATS (over-the-counter) Big jump for Carolin
A big gainer for the week ended Nov 28 was Carolin Mines which tacked on 47 cents to its share price before closing at $1.10, nearly double last week’s price of 58 cents . The company has been re-act…
Aber drilling NWT base metal bet (December 04, 1989)
A drill program by Aber Resources (VSE) is under way on the Victory Lake base metal prospect 40 miles east of Yellowknife, NWT. President Grenville Thomas said the objective is to prove up further dep…
Int’l Mahogany boosts earnings
Excellent results continue for International Mahogany Minerals (TSE) which reported net earnings of $3.6 million for the nine months ended Sept 30. Revenues for the period were $21.1 million while cas…
Rockford offering to finance takeover
Toronto-based Rockford Minerals (TSE) recently announced the terms of a rights offering designed to finance a takeover bid for Tyranex Gold (COATS) and to reduce Rockford’s indebtedness to Northfield …
Alberta Stock Exchange Naxos emerges
A previously unheard of issue called Naxos Resources emerged with the largest gain for the week ended Nov 28, during which trading could otherwise be described as lacklustre. Trading on a healthy volu…
Minefinders drilling Greenstone property (December 04, 1989)
A 6,000-ft diamond drilling program is under way on Greenstone Resources’ (TSE) Lada property, north of the Joe Mann mine in the Chibougamau mining district of northwestern Quebec. The Lada program is…
Brunswick uncovers new sulphide zone north of minesite
Recent drilling by Brunswick Mining & Smelting (TSE) north of its No 12 lead-zinc mine at Bathurst, N.B., has revealed a new sulphide zone. A deep hole, A-248, from surface intersected a 13.4-m lens o…