News


Vedron defining Timmins reserves

Exploration work on Vedron Ltd.’s (TSE) Timmins property is now geared to defining mineable reserves that are easily accessed by the current underground ramp, the company says. Until mid-September las…


McAdam completes financing deal

A funding agreement has been concluded with 1988 (No 3) Mintax Mineral Ltd. Partnership under which Mintax will be issued flow- through shares at an aggregate subscription price of $1.5 million, McAd…


New group bidding on Asamera Minerals

As was widely rumored, a group of senior operating and management personnel at Asamera Minerals (TSE) are interested in taking over the company. They have formed The New Asmin Group which has announce…


Kerr, Beaufield project

A diamond drilling program is under way on the Urban and Barry twps, Que., property held by Kerr Addison Mines (TSE) Minnova Inc. (TSE) and Beaufield Resources (TSE). Beaufield has the right to earn a…


Crown/Gold Texas shareholders approve merger

At meetings held in Vancouver and in Denver, Colo., shareholders of associated companies Gold Texas Resources (VSE), Crown Resource Corp. (NASDAQ) and Gold Capital Corp. voted in favor of a reorganiza…


South American Goldfields busy on Guyana gold bets

At the annual meeting, held recently in Toronto, shareholders got a first-hand look at some of South American Goldfields’ (COATS) ambitious gold projects under way in the jungles of Guyana. President …



B.Y.G. plans open pit production for Yukon mine

Production at 300 tons per day has been recommended for the Brown McDade gold-silver mine project located 60 km west of Carmacks in southern Yukon, a joint venture involving B.Y.G. Natural Resources (…


INSIDER TRADES (February 20, 1989)

Atlantis — L. Payne sold 300,000 (Jan) @ 80 cents to hold 1,726,245. Barron Hunter Hargrave — J. Hargrave sold 50,000 (Jan) @ 3 1/2 cents to hold 3,040,200. S. Hargrave sold 98,000 (Dec) @ 3 cents …


Transgold, Cline program

A $100,000-exploration program has been recommended for the 17-claim Cline East property held by partners Cline Development Corp. (VSE) and Transgold Resources (COATS). Located near Lochalsh, Ont., th…


Metal Prices (February 20, 1989)

FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 14 Feb 13 Feb 10 Feb 9 Feb 8 Copper 1645-164…


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