Cassiar reorganization gets nod
Shareholders of Cassiar Mining (TSE) voted overwhelmingly in favor of a reorganization to make one of its subsidiaries the parent of the Cassiar group of companies. Although the transaction is still s…
News
Takla negotiating for Nevada gold property
Calgary-based Takla Gold Mines (ASE) says it is in the final stages of negotiations to acquire a gold property in Nevada. No details regarding the new property acquisition were disclosed, except that …
Pine Channel wraps up sampling program
Preliminary exploration results from a lead-zinc-silver property in Saskatchewan have been reported by Pine Channel Gold (VSE). The company recently completed a program of surface sampling and trenc…
Amalgamation plan tabled by Queenston Gold, HSK
Queenston Gold Mines (TSE) and HSK Minerals (TSE), both of Toronto, are joining the growing list of companies who have agreed to amalgamate. By combining their various exploration assets, mostly in th…
Hillsborough ends deal
Hillsborough Resources (TSE) has decided not to participate in a joint venture with Corner Bay Explorations, a private company, on Corner Bay’s copper property near Chibougamau, Que. The Corner Bay de…
CEIP seminars aimed to educate skeptics
If there are any remaining misconceptions about the Canadian Exploration Incentive Program (CEIP), government officials in the federal department of Energy Mines and Resources hope to have them cleare…
Northair group among mine makers in northwestern B.C. gold camp
If recent activities by Newhawk Gold Mines (TSE) and Tenajon Resources (VSE) are any indication, the Northair group of companies will be among the new mine-makers in northwestern British Columbia’s St…
Current market
Current market conditions may have slowed the fund-raising but they haven’t dampened the enthusiasm of the officers of Armistice Resources (ME), who continue their search for a gold deposit at Virgini…
FINANCING (November 06, 1989)
ONTARIO Blue Heaven Res — final rec iss offer 2,400,000 @ 45 cents per sh to net $662,400. Harte Res Corp — final rec iss offer 250,000 @ $1.50 per sh to net $235,350. Windy Mountain Expl — final r…
Editorial Mining is high tech’s best customer
There were some valid points about Canada’s pursuit of “high tech” objectives made in a recent speech by William Winegard, Minister of State for Science and Technology. Unfortunately, a statement that…
New discoveries make Mishibishu Ontario’s hot spot
Northern Ontario’s Mishibishu gold camp is a thriving exploration hot spot, thanks largely to a steady stream of new discoveries which have confirmed the area’s potential during the past few years. Th…
Toronto Stock Exchange Indices (November 06, 1989)
1989 Oct 31Oct 30Oct 27Oct 26Oct 25HIGH LOW Composite “300” 3918.623887.173884.253886.363906.684037.833353.13 Metals & Minerals 3461.903408.303390.173411.833446.283919.203207.50 Integrated mines 3605….