Aston Resources
Aston Resources (VSE) has optioned a property in Pelletier and La Trappe twps., near Lac St. Jean, Que. Aston can earn a 100% interest in the 38-sq-mi Pike Lake property by making payments totalling $…
News
Missed Payment May Force Resolution at Dome Mountain
Holding a missed option payment by Total Energold (TSE) as a trump card, the prospectors and underlying vendors of the Dome Mountain project near Smithers, B.C., are forcing the key players to find a …
Northgate increases Geddes shareholding
Northgate Exploration (TSE) of Toronto recently purchased by way of private placement an additional 850,000 flow-through common shares of Geddes Resources (TSE) at $1.50 each. With 4,854,325 Geddes sh…
Mines ministers to meet in Sudbury
The 46th annual federal-provincial mines ministers’ conference will be held in Sudbury Aug 29-31. “I am very pleased that the government has recognized all that northern Ontario has to offer by select…
News in Brief (April 10, 1989)
Melrose Resources (VSE) has signed a letter of intent to purchase 20 claims in the Lac St. Jean area of Quebec. Terms of the agreement require Melrose to make payments totalling $10,000 and issue 100,…
Armistice drilling Sheldon, Kerr zones
A 35,000-ft underground exploration drilling program to expand the Sheldon zone and test the Kerr zone has been started by Armistice Resources (ME) at the company’s Virginiatown gold property in north…
Equinox advances J&L project to feasibility
After completing an extensive metallurgical and underground evaluation program, Equinox Resources (TSE) has advanced the J&L project near Revelstoke, B.C., to the feasibility stage. Equinox and partne…
Vancouver Stock Exchange GKelan highlight of a slow week
Another sluggish trading week came and went on the Vancouver Stock Exchange. With gold prices still weak, and even some base metals prices showing signs of softening, brokers here say interest in juni…
Golden Star optimistic as Placer tables Omai results
The occupants of Golden Star Resources’ (ASE) executive suite are starting to feel a twinge of excitement over events at the Omai joint venture gold project in Guyana. While the completion date for a …
Three drills busy on Bitech’s Nugget Pond
The number of shares Bitech Energy Resources (ASE) has issued recently is probably the main reason for the decline in the company’s share price, not the failure of exploration work to live up to expec…
COATS Trading Features (April 10, 1989)
Top volume leader again this week was Hanson Mineral Exploration with more than half a million of its shares traded at 58 cents -83 cents . Hanson has amalgamated with Perch River Mines, a private com…
Near-surface zone on Gamsan property
Following a program of deep drilling to test down-dip extensions of a zinc-copper zone on the Brabant Lake property in northern Saskatchewan, Gamsan Resources (ASE) is now investigating a near- surfac…