News in Brief (October 19, 1987)
Ekaton Industries reports it has raised $2,040,000 through sale of 1.2 million shares of Ekaton, at $1.70 per share, to Tap Mineral Management. Ekaton says the funds will be expended on the company’s …
News
Joint venture for Valley View
Valley View Gold Mines (formerly Cornucopia Gold Mines) reports it has an agreement with East West Resources for a joint venture to develop the Clementine mine northwest of Phoenix, Ariz. Under the ag…
Queries The Insider Trading report
I have been a reader of your paper for many years and wish to commend you on its format and informative content. I am particularly interested in the Insider Trading column. Are these listed insider …
Curragh turnaround at Faro
If the same people running the huge lead/zinc/ silver/gold mine here had been running this open pit from day one in 1970, chances are it never would have been forced to shut down for four years betwee…
Letters to the Editor Haileybury Funds gets first donation
Please find enclosed a 1,000- share certificate in our junior mining company to go to the new Haileybury School of Mines Endowment Fund. We are not a Noranda, Inco, Teck or Noramco — just new kids on…
Kilembe is encouraged by initial work results
Significant initial results are reported by Kilembe Resources from an exploration program on the Iron Mountain gold project, near Redding, Calif. The company says work to date has included reverse cir…
Red Lake-Sun Valley announces $1 million drilling program
A $1-million winter underground drilling program has been announced by Red Lake-Sun Valley Resources for its Blaine Cty., Idaho, silver and gold project. The company says funding for the program is be…
Rayrock attempts to increase Bellavista reserve picture
Toronto-based Rayrock Yellowknife Resources, has just released a slew of results from drilling at the Bellavista sector of a joint venture gold project in Costa Rica. The program is designed to prove …
Mazarin, Dufresnoy conclude 2 deals
Two separate property deals in northwestern Quebec have been struck involving Mazarin Inc. and Dufresnoy Inc. In the first deal, Mazarin has acquired an option to purchase a 50% interest in Teck Corp….
Cathedral Gold’s properties previously held by Imperial
Several advanced-stage gold projects formerly held by Imperial Metals have been spun off into a separate company called Cathedral Gold Corp. (N.M., Aug 3/87). The new precious metals entity is now tra…
COATS Trading Features (October 19, 1987)
Good volume was the characteristic of Frankfield Exoplorations this week, which helped move the issue to 48 cents . New interests are moving into the picture with new financing and a new property. It …
Battle Mountain stock offering
To increase its working capital and provide financing for corporate purposes including possible acquisitions, Battle Mountain Gold has announced a three-for-two stock split through a stock dividend. U…