Preliminary study completed at QR
Based on the results of a recently completed preliminary study, QPX Minerals (TSE) says the Main zone of the QR gold deposit could be mined by open pit methods on a stand-alone basis for over five yea…
News
Encouraging results from Eskay Creek
Some more encouraging assay results have been returned from the Eskay Creek project of Calpine Resources (VSE) and Consolidated Stikine Silver (VSE) north of Stewart, B.C. The holes are part of a 45,0…
Gold funds as of April 11
BGR Goldcorp Central MVP Capital Net value $12.03 8.95 6.46 0.72 Price $9.125 5.125 5.62 0.49 Discount $24.15 42.7 12.9 32 Value …
Gunsteel, Nu-Dawn work out innovative milling deal
Raising money to bring a small gold mine into production is no easy task for junior mining companies these days, which may account for the innovative arrangement worked out by Gunsteel Resources (VSE)…
News in Brief (April 17, 1989)
Cambria Resources has changed its name to On Wah Investments Corp. (ONW:VSE) on a share for share basis.
Montreal Exchange Active staking area
Prices for resource stocks in general turned upward this week, with the mining and minerals index recording a jump of more than 34 pts. The market portfolio was also better, up almost 21 pts. Daily tr…
Cameco decision on Hanson hinges on results of drilling
Drilling is expected to wind down by month- end at the Hanson Lake project of Cameco in northern Saskatchewan. Results from the program will help determine whether Cameco exercises its right of first …
Noront flow-through
Noront Resources (VSE) has agreed to place a total of $1.16 million of flow-through shares with two flow-through funds. The money will be spent on the exploration of properties in Newfoundland and in …
Westmin, Tanqueray and Estaurum drilling on Little Stull property
Partners Westmin Resources (TSE), Tanqueray Resources (VSE) and Estaurum Mines (ASE) say that drilling on their Little Stull gold property in Manitoba is establishing continuity in the three western s…
Letters to the Editor Scepticism on Mt. Milligan unwarranted
Continental Gold Corp.’s engineering team and I wish to suggest that your own concerns about the Mt. Milligan Project which you made public in your editorial of April 10 go beyond the bounds of health…
Varna increases stake in Tilt Cove
Varna Gold (ASE) has signed an agreement allowing it to buy the remaining 30% interest in the Tilt Cove property on Newfoundland’s Baie Verte Peninsula. The interest will be acquired from Gingrich Exp…
Editorial Blame it on flow through
There’s a new excuse for mining projects that don’t turn out the way a feasibility study said they would. Like most good excuses, this one can be used by just about anybody for just about any project….