CIM/PDAC joint luncheon
W. A. Gatenby will be the guest speaker at the joint meeting of the CIM-Toronto Branch and the Prospectors and Developers Association of Canada. Fifty tickets have been reserved for CIM members who ha…
News
Joubi drill results
Partners Western Quebec Mines (ME), Messeguay Mines (ME) and Oasis Resources (ME) have reported more encouraging results from drilling at the Joubi gold property at Val d’Or, Que. Among the better res…
Earnings Report (February 27, 1989)
Cyprus Minerals (NYSE) reports net earnings of $170 million(US) or $6.31 per share for 1988 compared to $26.2 million or $1.02 in 1987. Fourth quarter earnings were $65.4 million or $2.42 per share co…
Alberta Stock Exchange Bitech again
For the umpteenth week in succession, it seems, Bitech Energy Resources was the clear leader both in terms of price increase and number of shares traded. Certainly, a number of other issues including …
Trader Res. encouraged by Ronnoco gold bet results
Toronto-based Trader Resource Corp. (TSE) is beginning to report some interesting results from the Ronnoco Gold Mines (COATS) property in the heart of the Timmins, Ont., camp. Under an agreement with …
Gold funds as of Feb. 21
BGR Goldcorp Central MVP Capital Net value $11.89% 8.65 6.45% 0.81% Price $9.125% 5.750 5.50% 0.65% Discount $ 23.25% 33.5% 14.7% …
Gracie-St Joe reserves upped
LAC Minerals (TSE) has increased reserves on two properties accessible from LAC’s Macassa gold mine near Kirkland Lake, Ont. Reserves on the Gracie and St Joseph properties are estimated at 337,400 to…
Montreal Exchange Graphite gets attention
Early assay results indicating a rich graphite find in Quebec, near the town of Fermont and the Labrador border, have placed the spotlight on Mazarin Inc., which is in the midst of a winter drilling p…
Northgate/Westfield sell 15% Whim Creek interest
Toronto-based affiliates Northgate Exploration (TSE) and Westfield Minerals (TSE) have agreed to sell their combined 15% stake in Whim Creek Consolidated of Australia for $39 million(A). Australian mi…
Spot prices at a glance Price Week’s ($US) Change($) Gold Silver
Courtesy of Scotiabank. Information above believed to be from reliable ** ** sources, but not guaranteed by Scotiabank or The Northern Miner. ** *London A.M. Fix, per oz. **LME settlement, per lb. -Gr…
Early assay results indicate rich Mazarin graphite deposit
A winter drilling program in the Fermont area of Quebec by Mazarin Inc. (TSE) has uncovered a rich flake graphite deposit. First assays indicate an average grade at the Lac Knife main zone of 16.8% gr…
Editorial Panic button
From a speech by Canamax Resources President John Hansuld at the Ontario Ministry of Northern Development and Mines’ annual regional geoscience seminar in Thunder Bay Feb 7-8. It seems obvious to sa…