Pamorex share price topic of meeting
Concerns about the relatively low share price of Pamorex Minerals (TSE) were voiced by a couple of shareholders at the company’s recent annual meeting. Pamorex is the exploration arm of the Pamour gro…
News
Big holes for Newmont almost commonplace
Drilling high grade is becoming commonplace near Carlin, Nev. Newmont Gold (NYSE), the largest operator in the area, has come up with another hot hole of 167 ft grading 1.12 oz gold per ton in the Dee…
Rogi raises funds for exploration
An agreement has been negotiated by Exploration Rogi (ME) with Societe en Commandite Miniere McGill whereby the latter will subscribe for 445,313 flow-through shares of Rogi at 32 cents per share, an…
Eskay’s base metal potential growing says Stikine director
The Eskay Creek project in northwestern British Columbia may turn out to have base metal potential as well as being a major gold deposit, a director of Stikine Resources (VSE) said in Toronto. “It’s s…
Metal Prices (October 09, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Oct 3 Oct 2 Sept 29 Sept 28 Sept 27 Copper 179…
Selection committee ponders next Hall of Fame inductees
Nominations have been received and the selection committee of the Canadian Mining Hall of Fame (CMHF) is busy working to select the eight inductees who will be honored in the second round of induction…
Sikaman makes wollastonite find
Sikaman Gold Resources (TSE) has made a wollastonite find during the course of gold exploration on its Gilbert property in Nevada. Prospecting has identified three zones, the largest of which strikes …
Tests confirm gold grade at Touquooy says Seabright
Initial mill tests have confirmed the grade of the Touquoy gold deposit, Seabright Explorations (TSE) says. Situated near Moose River, N.S., the Touquoy hosts drill-indicated reserves of 1,059,000 ton…
Metal Prices PRODUCER PRICES (October 09, 1989)
ALUMINUM: MW U.S. Market US79.00 cents – 79.50 cents per lb. (Sept 28, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.80-$4.90(US) per lb. …
Tundra/High Frontier in property pact
Drilling will soon be under way by High Frontier Resources (VSE) on one of eight properties in Louvicourt Twp., Que., the company has optioned from Beaufield Resources (TSE). The properties are near t…
ATLANTIC REPORT Review of Nova Scotia’s potential
In recent years, geologists have learned some hard lessons about gold exploration in Nova Scotia’s Meguma Group. However, mining professionals who spoke at a recent Atlantic Geoscience Society meeting…
IOCC GOLD OPTIONS (October 09, 1989)
Options Open SeriesVolumeLastInterest Nov 370 C 69 8.001,998 Nov 380 C 76 3.203,129 Nov 400 C 150 1.002,528 Nov 420 C 129 0.60 650 Feb 380 C 5711.50 496 Feb 390 C 61 6.00 437 May 390 C 219…