Vancouver Stock Exchange (July 17, 1989)
Although market activity here isn’t reflecting it yet, many brokers says investors are starting to look more favorably at gold issues. The general feeling is that interest rates are on the way down in…
News
Inco Gold buys High River shares
Inco Gold, a wholly-owned subsidiary of Inco Ltd. (TSE) has exercised warrants issued by High River Resources (TSE) to buy 900,000 shares of the company at $1.57 per share. The warrants were part of a…
Baloil expands holdings around Sumit gold claims
Calgary-based Baloil Resources has agreed to acquire for $125,000 a 100% interest in a group of eight claims located beside the company’s Sumit property in British Columbia. The claims include the for…
Deep drilling returns good results at Polaris-Taku
Several holes drilled at significant depths below the previous mine system returned good gold values at the Polaris- Taku mine project located in the Tulsequah River area of northwestern British Colum…
Cartier buys stake in Louvicourt bet
Exploration is scheduled to begin soon on a group of 19 claims beside the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide discovery east of Val d’Or, Que. Cartier Resources (TSE) ho…
Montreal Exchange (July 17, 1989)
The latest drilling results from a copper-zinc massive sulphide deposit in Louvicourt Twp. in northwestern Quebec have only added to investor enthusiasm for the players, Aur Resources and Societe Mini…
Alberta Stock Exchange (July 17, 1989)
Some encouraging results from the Bryndon Ventures, Antelope Resources joint venture at Rossland, B.C., were sufficient to spark a 20 cents increase this week in the value of Bryndon’s share price. I…
Letters to the Editor Checkin’ the ‘rithmetic
In the second section of The Northern Miner of June 19, there is a speech by Frank Duval concerning the Montana silver mine near Troy, Mont. Mr. Duval’s arithmetic is off regarding the value of the or…
Bulk sample plans at Bakra project
Vancouver-based Bakra Resources (VSE) has completed four more drill holes at its Sannorm gold property in Manitoba where three zones have been outlined so far. Located 120 miles northeast of Winnipeg,…
Regulatory delays stall McNickel’s work plans
Regulatory delays are causing headaches for McNickel Inc. (COATS) which had hoped to start a major drill program last month on its Lac St. Jean copper-nickel prospect, 15 150 miles northwest of Quebec…
Metal Prices FUTURES PRICES (July 17, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Jul103.20 101.90 102.20 + 1.20 Sep102.40 100.80 101.70 + 1.25 Dec 99.50 98.30 …
3 holes extend size of Aur’s discovery, intersect new zones
Eagerly awaited drill results from Aur Resources’ (TSE) massive sulphide discovery surpassed expectations judging by the reaction of the stock market. Two holes extended the zone announced earlier (N….