Barytex options zinc-lead project
By spending $2 million on exploration by June, 1993, Barytex Resources Corp. (VSE) can earn a 45% interest in the 17-claim Mel zinc-lead property, 80 km northeast of Watson Lake, Y.T. The company rece…
News
Spot prices at a glance (September 18, 1989)
Week’s Price (US) Change Gold* $358.80 –$ 1.20 Silver* $ 5.08 –$ 0.01 Platinum* $474.60 –$ 1.15 Nickel** $ 4.86 –$ 0.45 Lead** $ 0.32 –$ 0.02 Cop…
Toronto Stock Exchange Indices (September 18, 1989)
1989 Sept 12Sept 11Sept 8Sept 7Sept 6HIGH LOW Composite “300” 3927.513926.273962.473963.213971.284019.623353.13 Metals & Minerals 3739.713735.513791.163807.753815.103919.203207.50 Integrated mines 392…
Placer Dome expands programs on two International Curator plays in
Expanded drill programs are planned by Placer Dome (TSE) on two of International Curator Resources’ (VSE) properties in Alaska. The Jualin gold project near Juneau is to be the object of an additional…
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…
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…