Rising interest rates have put a lid on the summer rally — at least for the time being. Combined with summer holidays and investor concerns over inflation and the economy in general, our review week …
Toronto-based International Thunderwood Explorations (VSE) reported a small operating loss of $9,024 during the 6-month period ended April 30. But with a first-half working capital position of $900,00…
With underground exploration still in progress at Mark V Petroleums and Mines (VSE) Bagdad gold mine near Philipsburg, Mont., the company says it is still encountering high grade mineralization on the…
Spreading its tentacles into Montana, Prime Capital has acquired control of U.S. Grant Gold Mining and the U.S. Grant property near Virginia City. Prime and a Vancouver junior, Bethlehem Resources, (V…
A problem at one of Cominco Ltd.’s zinc roasters at Trail, B.C., has resulted in a mechanical breakdown. The failure will put the roaster out of service for about a week, resulting in the loss of 2,00…
An underground exploration program at Vista Mines’ (TSE) Rio gold deposit near Creighton, Sask., is producing some encouraging results, the company said recently. The Rio is one of two gold zones (the…
A recent rally pushed the price of silver over $7(US) per oz, but the precious metal will be hard pressed to maintain that price level this year, writes the London metals research unit of the internat…
More encouraging drilling results have been announced from the B zone of the Eastmain gold project in northern Quebec by partners Placer Dome (TSE) and MSV Resources (ME). The current drilling is a co…
A deep drilling program has resulted in a dramatic increase in reserves at the Magino gold mine property shared equally by partners Muscocho Explorations (TSE) and McNellen Resources (VSE). Located ne…
ONTARIO Golden Mink — final rec iss offer 500,000 @ 50 cents per unit to net $250,000. VANCOUVER Cross Lake — 400,000 sold for gross $200,000. Footwall — 500,000 sold for gross $250,000. Keefer –…
As reported in last week’s issue, a new company called AXR Resources (ASE) has been created through the amalgamation of Argentex Resources Exploration (VSE) and Sholia Resources (ME). However, there w…
Despite the recently-announced abandonment (after it had been completed) of a major U.S. nuclear power station, other events have offered hope and expectation that there will be no slowing in the worl…
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