News


Funding in place for McAdam test mill

Financing to fund construction of the Spud Valley test mill facilities on Vancouver Island has been arranged, McAdam Resources (TSE) reports. McAdam has entered into an agreement with associated compa…



On basis of copper find Value of Aur, Louvem soars

A massive sulphide discovery on a disputed Val d’Or, Que. property held by Toronto-based Aur Resources (TSE) and Louvem Mines (TSE) sparked a flurry of buying activity as investors raced to buy up sha…



FINANCING (June 19, 1989)

VANCOUVER Cons Trout Lake — gross proceeds rec $175,000. Rio Gold Mining — 560,000 sold for gross $448,000. Ezekiel Expls — 250,000 sold for gross $87,500. Big Strike Res — opt exerc on 162,500 @ …


Companies honored for reclamation programs

Five British Columbia companies were honored for their reclamation programs at the mine reclamation symposium held earlier this month in Vernon, B.C. “These awards recognize first- class research, inn…


St. Genevieve buying Pamorex interest in bet

A letter of agreement has been signed between St. Genevieve Resources (TSE) and Pamorex Minerals (TSE) whereby St. Genevieve will acquire the 50% interest of the latter in the Granada property in Rouy…



Metall offering filed but size not available

Toronto-based Metall Mining (TSE) recently filed a preliminary prospectus for a public offering of subordinated convertible debentures. Metall said the debentures will be convertible into common share…


IOCC GOLD OPTIONS (June 19, 1989)

Options Open Series Volume Last Interest Aug 370 C . 158 7.00 552 Aug 380 C . 999 4.00 1,792 Aug 390 C . 261 2.50 1,690 Aug 400 C . 167 1.50 2,570 Aug 420 C . 187 1.00 1,49…


Editorial Universality will break the country

If the Canadian government is ever going to gets its deficit whittled down, it is going to have to take more drastic action on spending cuts than it has. There’s no way any impact can be made by makin…


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