Vista extends gold zones
Drilling by Vista Mines (TSE) and Cameco has extended two mineralized zones on the Batty-Graham gold property 15 km west of Flin Flon, Man. The drilling was designed to test a series of stacked sub-pa…
News
`Death of Mining’ excluded highly profitable Cominco
Publishers are sometimes prone to overstatement as evidenced by “The Death of Mining” cover on the December 1984 edition of Business Week, a leading United States financial publication. That cover sto…
Precious metal values intersected by Noront
Noront Resources (VSE) says recent drilling has intersected significant gold values on its Chisholm Island property in northwestern Ontario. The property, under option from Noranda Exploration, is sit…
Laser verifies deviation just 0.01% in 450-ft-deep hole, 8.5
An indication of the advances being made in diamond drilling is the remarkable success of a 450-ft- long vertical pilot hole recently drilled at Inco’s Crean Hill mine in Sudbury. The hole broke throu…
Toronto Stock Exchange Low inflation scenario batters gold issues
Traders continued their scramble to get back into the market after the news last week that the U.S. producer price index had risen by less than expected. The result was a 94-pt hike in the composite …
Northfield ups stake in Rockford Minerals
Toronto-based Northfield Minerals (ASE) recently moved to tie up control of affiliate Rockford Minerals (TSE). Under a private agreement with Northfield Capital (COATS) and the Equity Group of Toronto…
Bulk sampling increases Eagle River reserves]]
Initial results from bulk sampling completed on the Eagle River property by Hemlo Gold Mines suggest that gold values are higher than that estimated by drilling. Central Crude Ltd. (TSE) holds a 40% i…
Profitable trading at yesterday’s price
Buy metals at yesterday’s price whenever you please. It’s like printing money. Ridiculous, you may say. Well, I did just that for several years. This is how it happened — a continuous, quiet routine …
Simkar sampling
Encouraging results have been obtained by Ronrico Explorations (VSE) from the company’s Simkar gold property near Val d’Or, Que. Sampling of a 6,600-ton surface stockpile has yielded a high degree of …
Cons. Professor moves cautiously at Duport
The first in a series of environmental permit applications for the Duport gold project has been submitted by Consolidated Professor Mines (TSE) to Ontario’s environment ministry. Professor’s Duport go…
News in Brief (May 22, 1989)
Franco-Nevada Mining (TSE) recorded year-end (for the fiscal year ending March 31) net earnings of $1.5 million (13 cents per share), compared with $129,600 (1 cents per share) for the previous fisc…
Gold funds as of May 16
BGR Goldcorp Central MVP Capital Net value $11.59 7.22 6.28 0.66 Price $ 9.25 4.350 5.62 N/A Discount $20.19 39.7 10.4 N/A Va…