Alberta Stock Exchange Jen-Tek issue halted
Due to the higly unusual trading activity of the Jen-Tek Enterprises and Explorations issue, the Alberta Stock Exchange issued a halt trading order this week on the company’s shares. A press release b…
News
Parquet drilling
Hole PC-93 of a winter drilling program returned 10 ft of 0.22 oz gold per ton and 32 ft of 0.31 oz, Parquet Resources (TSE) reports from its wholly-owned Courville Twp. property at Val d’Or, Que. The…
Granges assays show high grade
A diamond drilling program has intersected a high grade ore shoot at Granges Explorations’ (TSE) Goldfinch property near Revelstoke, B.C. Windflower Mining (VSE) is the company’s joint venture partner…
INSIDER TRADES (May 23, 1988)
Barron Hunter Hargrave — J. Hargrave sold 136,000 to hold 4,571,200. S. Hargrave sold 215,000 to hold 2,519,200. Belore — Merbank Capital bought 500,000 (private) to hold 500,000. Dickenson — R. Va…
Epithermal Israeli targets being explored by Venturex
A letter of intent has been signed between Venturex Resources (VSE), and Manna Minerals, a private Canadian company, concerning two gold exploration permits in Israel. Venturex can earn a 50% interest…
Obituary Frederick G. Cooke
Frederick G. Cooke, a well known consulting mining engineer, died recently in West Vancouver. He started his career with Falconbridge Nickel in 1939 and later served overseas with the RCAF where he ac…
Campbell cutting costs Henderson may close, Joe Mann shaping up
The Henderson II mine owned by Campbell Resources (TSE) is living on borrowed time and could be shut down if a $500,000 exploration program fails to increase the operations gold reserves. Proven reser…
Bagdad permits still elude Mark V
Development work continues at the Bagdad gold mine in Granite Cty., Mont., where Mark V Petroleums and Mines (VSE) is planning to start a small 200-ton-per-day operation, June 30. While the Vancouver …
N. Am. Rare Metals issues flow-throughs
North American Rare Metals ME) reports it will be receiving $650,000 from MVP Exploration (1988) and Co. Ltd. Partnership for the issuance to MVP of 755,814 flow-through shares, pursuant to an explora…
Discovery could boost Newfoundland Zinc
What appears to be an important new zinc discovery has been made by Teck Corp. (TSE) at its Newfoundland Zinc mine near Daniel’s Harbour. The mine is owned 63.4% by Teck and 36.6% by a unit of Amax In…
Require more registrants, conference organizers say
Canadian organizers of an international conference on hoisting, to be held in Toronto next month, are disappointed by the number of advance bookings they have received from mining companies in Canada….
Galactic earmarks $4 million for yukon property in 1988
Another $4.25 million will be spent this year at Galactic Resources’ (TSE) Wellgreen property in the Yukon. The work program will also include metallurgical and environmental studies “with the goal of…