American Platinum options properties
SouthernEra Resources (TSE) has entered into three agreements with American Platinum Inc. (VSE) which gives both companies the right to earn into each others platinum group metals projects in Ontario …
1988
Scintilore claims ground where Bell mine stands
Alleging the mining claims covering the David Bell mine at the Hemlo gold camp in northern Ontario were forfeited under the Mining Act of Ontario, Scintilore Explorations (TSE) said it has now staked …
Letters to the Editor Remote: an inaccurate, confusing word
This is a note concerning the use of the word “remote” which I hope you may publish at least in part but in any event pass on to your writers. The word conjures up a host of frightening meanings for m…
Bulk Sample Planned for B.C. Gypsum Project
By year-end, Queenstake Resources (TSE), Haines Gypsum (VSE) and new joint venture partner Prospector Airways (VSE) expect to have mined and delivered a 50,000 tonne bulk sample of gypsum from the O’C…
Vancouver Stock Exchange Low market liquidity
When your broker insists the market is “bottoming out” and the dailies carry stories about brokers having to drive to work in their Volkswagen “bug” instead of a Porsche you just know things are getti…
Alberta Gold’s Iris claims could be mined via open pit (August 22, 1988)
A financing agreement has been signed by Alberta Gold Exploration Corp. (ASE) which will provide the company with $1.9 million on a flow-through share basis. A large portion of the funds will finance …
Omni’s Mt. Skukum soon to begin production
Most people are surprised to learn that hardrock mining is a recent addition to the Yukon’s gold mining history. Indeed, names like Mt Skukum and Ketza River are all part of the new “hardrock generat…
Golden Rose mine blamed for Noramco Mng. losses
Losses reported on Noramco Mining’s (TSE) balance sheet during the first six months of 1988 were due largely to problems at the Golden Rose mine west of Thunder Bay, Ont., the company announced recent…
New discovery for new issue
Drilling should begin in September on a new gold discovery near Lac La Hache, B.C. Trenching on the Miracle Claims, 28 km north of the town, held by newly-listed G.W.R. Resources of Vancouver, has ret…
Metal Prices (August 22, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne Date Aug 16 Aug 15 Aug 12 Aug 11 Aug 10 Copper 1249-1250 1251-1253 1269.5-1270 1251-1252 1…
Cheni Gold Plans Mill Start-up By Fall
With development and construction programs on schedule, Cheni Gold Mines (TSE) appear to be on track to begin commercial production from its wholly-owned Lawyers gold-silver mine during the fourth qua…
Books in Review Who owns, controls Canadian firms
Statistics Canada has released its 1987 version of Inter-Corporate Ownership. This new edition offers financial analysts, investors and corporate executives the most recent, comprehensive and authorit…