American Gold Minerals exploring Siskon mine
Recent drilling by American Gold Minerals has detected extensions along strike and at depth to gold zones of the past-producing Siskon mine in northern California. American Gold is a privately held De…
News
FUTURES PRICES Metal Prices (September 18, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep132.50 129.00 130.50 + 2.50 Oct128.00 128.00 128.90 + 2.30 Dec127.75 124.00 125.70…
Bunker Hill still in red
Base metal producer Bunker Hill Mining (VSE) reported a net loss of $343,759(US) for the second quarter of 1989, compared with a ne t loss of $590,408 for the same period last year. The company’s net …
TSE Short Positions (September 18, 1989)
Semi-monthly report as of Aug 31 showed 30,170,240 shares of 607 issues compared with 32,020,882 shares of 619 issues on Aug 15. Larger individual positions include: Agnico-Eagle 75,700 down 133,700; …
What happened to NSR and O’Brien Energy
Would you please provide me with some information on NSR Resources and O’Brien Energy & Resources as I have a few thousand shares of these two junior companies? A.K., Lachine, Que. Here I go again…
Ontario approves exploration grants
Two exploration assistance programs received royal assent on July 13. The Ontario Mineral Incentive Program will provide grants, up to 30% o f eligible expenses or an annual maximum of $150,000, to i…
Petromet studying Rambler tailings
Calgary-based Petromet Resources (TSE) says it is continuing to examine the possibility of reprocessing some old mine tailings at the former Rambler base metal property in Newfoundland. In a recent in…
Mikado drill ing returns good values at Red Elephant
Surface drilling by Mikado Resources (VSE) on the Red Elephant gold property, 60 miles southeast of Revelstoke, B.C., has returned a number of impressive assay results. The Red Elephant property is ow…
Toronto Stock Exchange (September 18, 1989)
The gold and silver index took a beating, sliding more than 42 pts or 0.71% to 5985.23 pts. The dip below the 6,000-pt mark was the first in several weeks. Gold bullion was an uninspiring $358.50(US) …
Calpine drill results fail to meet high expectations
The euphoric frenzy of trading activity on The Vancouver Stock Exchange triggered by spectacular drill results from the Eskay Creek project has been tempered by the latest set of assay results release…
Yellowstone acquires Idaho gold prospect
A gold-silver property in central Idaho’s Custer and Lehmi counties has been acquired by Yellowstone Resources from Denison Mine (US). The property covers ground in both northern Custer Cty. and sout…
Hanson Lake Project
FLIN FLON, Man. — A mine feasibility study is set to begin in November on the Hanson Lake zinc-copper deposit about 35 miles west of here, The Northern Miner learned while examining the project. Loca…