Wilanour sampling
The initial underground exploration phase on the former producing Cochenour-Willans gold mine property has been completed by Inco Gold. The company, a wholly owned affiliate of Inco Ltd. (TSE), plans …
News
IOCC GOLD OPTIONS (November 20, 1989)
Options Open Series Volume Last Interest Nov 360 C 282 26.50 2,736 Nov 370 C 504 21.00 1,532 Nov 380 C 1,533 10.20 2,204 Nov 390 C 1,551 2.00 2,793 Feb 380 C …
Five directors quit after Richmond Gulf buys into Acadia
Richmond Gulf Resources (COATS) has become the largest single shareholder in Acadia Mineral Ventures (TSE) and all but two of Acadia’s original directors have resigned. Acadia became a dormant explora…
Platinova president downplays overblown’ Greenland results
Danish newspaper reports that the next motherlode has been discovered on Greenland’s eastern coastline are greatly overblown, says Platinova President Robert Gannicott. Following interviews with a Dan…
Plexus financing (November 20, 1989)
Plexus Resources (TSE) has filed a prospectus for the purpose of selling shares in Ontario, Alberta and British Columbia. A corresponding form was also filed with the Securities and Exchange Commissio…
Aur considers deep hole to test deposit (November 20, 1989)
Aur Resources (TSE) is weighing the possibility of drilling a 4,500-ft hole to test for a major depth extension of the burgeoning massive sulphide deposit it is exploring with Societe Miniere Louvem (…
Pronto drill results
Pronto Explorations (TSE) has released drill results completed by Inco Gold on the Cochenour-Willans gold property near Red Lake, Ont. The results came from drilling completed by Inco between the 1,60…
Noranda starts survey on Beaty Twp. claims
Noranda Inc. (TSE) has started a ground geophysical survey on a group of claims held under option from Glen Auden Resources (TSE) and Golden Dragon Resources (VSE) in Beatty Twp., Ont. The claims cove…
Quebec juniors option Goldboro, N.S. ground
Another Quebec-based junior, Murgor Resources (VSE), has optioned ground in the Goldboro area of Nova Scotia and a third, Ressources Orient (ME), is negotiating for ground in the area. Murgor Presiden…
Water spill poses no danger: Cameco
A spill of about 2,000 cubic metres of mine water occurred recently at the Rabbit Lake uranium mine of Cameco in northern Saskatchewan. The company reports water sampling has indicated the spill poses…
New management at junior Cache
The new majority shareholder and manager of Explorations Cache (ME) is Corpomin Management of Montreal. Pierre Boudreault has been named president and Charlene Ross, secretary-treasurer. Forming the b…
Inco Gold opens office in Val d’Or, Quebec
Inco Ltd. has opened a regional exploration office in Val d’Or, Que., to co-ordinate its exploration activities in the province. This new office, headed by Robert Lambert, is an integral part of the r…