Interquest options Montana metal bet
Toronto-based Interquest Resources (TSE) has agreed to acquire a number of claims containing high gold and base metal values in Broadwater Cty., M ont. Known as the “Ruby” and “Dory” properties, they …
News
IOCC GOLD OPTIONS (September 25, 1989)
Options Open SeriesVolumeLastInterest Nov 360 C 17110.502,677 Nov 370 C 57 5.501,845 Nov 380 C 116 3.002,821 Nov 390 C 112 1.502,341 Nov 420 C 102 0.20 675 Nov 440 C 1,000 0.30 749 Feb 390 C …
Minnova encounters gold on Diana’s Obatogamau
Partners Diana Resources (VSE) and Minnova Inc. (TSE) have encountered what they are calling a significant gold-bearing zone, at Diana’s 82-claim Obatogamau p roperty near Chibougamau, Que. Eight hole…
Gldn. Cresent ahead Alberta Stock Exchange
Exploration at the Talbot Lake gold property in northwestern Ontario is becoming the subject of investor interest, as indicated by the recent t rading activity of Golden Crescent Resources. One of th…
Bond sells Yuba operation, plans new mine in Uruguay
London-based Bond International Gold (TSE), also known as BIG, has become a little smaller. After recently selling a portion of its Australian mining interests near Kalgoorlie’s “Golden Mile” area, BI…
Radisson arranges Duquesne financing
A $6-million financing has been arranged by Radisson Mining Resources (ME) to help bring the Duquesne gold-mining project about 20 miles north of Rouyn- Noran da, Que., into production. Radisson and w…
TAX
A number of issues are emerging as Canadian business organizations assess the impact of the proposed federal Goods and Services Tax (GST). To assist in this a nalysis, tax specialists Barry Dent and J…
Holmer has Bristol Twp. drill results
A recent deep drill hole on Holmer Gold Mines’ (ASE) Bristol Twp., property near Timmins, Ont., has yielded three significant intersections in a previously un explored area near the main zone deposit….
Spot prices at a glance (September 25, 1989)
Week’s Price (US) Change Gold* $360.75 +$ 1.95 Silver* $ 5.07 –$ 0.01 Platinum* $473.65 –$ 0.95 Nickel** $ 5.17 +$ 0.31 Lead** $ 0.34 +$ 0.02…
Oropex in Yukon play
A newly listed company, Oropex Minerals (VSE) is planning an exploration program on its 288- claim gold prospect in the Yukon. The 30,000-ft dri ll program, wh ich still requires financing to implemen…
Bema officially opens first gold mine
ARCO, Idaho — The official opening of the Champagne mine 20 miles west of this town was celebrated in a fashion that would have amused the prospe ctor who mad e a discovery on the property over a cen…
Sept 20, 1989 (September 25, 1989)
Ontario’s Ministry of Northern Development and Mines has approved 101 grants totalling $6.27 million for programs completed under the Ontario Minera l Explorat ion Program (OMEP) between April and Jun…