There’s nothing quite like a hot drill hole to ignite a market stampede. This popular mining adage was reaffirmed this week by the mad rush to get a piece of Aur Resources and Louvem Mining — until j…
From a speech by Frank Duval, President of Montana Reserves Co., at the Montana Mining Association’s centennial convention. Montana mining hit it big in the national press this year. Any of you get …
Deep drilling by partners Stroud Resources (TSE) and Chevron Minerals on the former Gunnar Gold Mines property in Hislop Twp., Ont., has led to a new geological reserve estimate for the Creek zone. St…
The VSE released results of its fiscal year ended March 31 which showed a deficiency of revenue over expense of $1.85 million before special items. Even though the Exchange held its position behind Ne…
I would like to share some of the lessons that I have learned in bringing on three new gold mines. Many of the observations that I am going to make may be pretty obvious to some of you. However since …
Moneta Porcupine Mines (TSE) has acquired a 100% interest in 20 patented claims in Tisdale and Deloro twps., near Timmins, Ont. The claims, which were purchased for shares, are adjacent to claims held…
A substantial drop in gold production at the 52%-owned Stirling mine in Nevada brought about reduced revenues and operating income for Cathedral Gold Corp. (TSE) during its 1989 first quarter. The com…
From a speech by Jake Epp, minister of Energy Mines and Resources Canada, to the Mining Association of Canada I am well aware of the enormous contribution of the mining industry to the Canadian econom…
Shareholders of three related companies in northwestern Quebec have approved the amalgamation of the companies into one, the new corporation to be known as Consolidated Abitibi Resources. Approval for…
Audrey — Northgate Expl bought 500,000 (May, private) @ $3.75. to hold 3,300,500. Bachelor Lake — Que Sturgeon bought 30,00 (May) to hold 1,030,000. Battle Mountain — T Pate sold 24,875 (May) @ $13…
The Ontario Securities Commission has scheduled a hearing for June 23, to consider whether shares of Comaplex Resources not held by a Swiss bank and two Liberian investment firms should be allowed to …
Despite a hostile take-over attempt by a coalition of its two largest shareholders, Atlanta Gold Corp. (TSE) has retained its long-standing management team headed by President Olaf Tolpinrud. Results …
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