Guinness, Power release results
Partial assay results were released recently from the Guinness Gold (ASE), Power Exploration (TSE) joint venture project at Randall Lake in northwestern Ontario. Under an agreement, Guinness is entitl…
News
Obituary (June 19, 1989)
Daniel Audet, a well-known and respected prospector, died recently after a lengthy illness. Born in 1908, Audet prospected throughout Canada, particularly in Ontario and Quebec. In 1985 he was named “…
Giant Yellowknife has plans for Akaitcho
An agreement to provide for the exploration and possible development of the Akaitcho mine property at Yellowknife, N.W.T., has been entered into by Giant Yellowknife Mines (TSE) and Supercrest Mines. …
Four rigs drilling at Mt. Milligan
With four drill rigs still working to expand reserves, Continental Gold Corp. (VSE) has released additional assays for its 70%-owned Mt. Milligan gold-copper project near Prince George, B.C. BP Resour…
Successful Exploration Requires Skill and Luck
From a speech by Donald W. Kohls, vice-president and chief consulting geologist of Gold Fields Mining Corp., to the American Mining Congress Mining Convention ’88 in Denver, Colo. Successful explorati…
Corona successful in Avalon offer
An offer to purchase all of the outstanding common and preferred shares of Avalon Corp. has resulted in Corona Corp. (TSE) obtaining majority ownership of the North American oil and gas company. Coron…
Promotion a necessary part of attracting investors’ interest
Public interest is often necessary before any junior mining stock becomes active, but how do promoters achieve such interest? Creating public interest in a junior firm hinges on keeping speculators an…
Glencairn Explorations issues rights offering
A rights offering will be offered to shareholders of Glencairn Explorations (ASE) of Toronto. Under the terms of the offering shareholders may subscribe to one common share for each four common shares…
New discovery needed to revive intestors’ interest
How the juniors long for 1987. Mid-1987 to be exact. At that time, the gold boom was reaching its peak and junior exploration companies on every Canadian exchange were enjoying an unprecedented period…
Mining industry springs to defence of VSE
The mining industry has rushed to the defence of The Vancouver Stock Exchange and its role of providing risk capital for mineral exploration. Through advertisements appearing in local and national pub…
Coeur d’Alene Mines produces gold too
Traditionally known as a silver mining company, Coeur d’Alene Mines Corp. (AMEX) is increasingly being perceived as a significant gold producer. Dennis Wheeler, president and chief executive officer o…
… Add to page 2 7th last para
In the Yukon, the troubled Ketza River gold mine at Ross River is at the centre of a legal dispute between Canamax Resources (TSE) and Belmoral Mines (TSE). Canamax is suing Belmoral for breach of con…