1988


Queries Black Bay Uranium is now Atco Ltd.

I wish to have information on a company called Black Bay Uranium. I hold a total of 13,000 shares in this company. I also own 800 shares of another company called Allied Pitch- Ore Mines Ltd. Can you …


Alberta Stock Exchange Varna merits attention

Gold watchers can take heart from the progress of the Varna Gold issue which proved single handedly that even in the current market climate, investors still care about drill results. Encouraging resul…


Diamonds are forever, but in Saskatchewan?

The discovery of kimberlite, a diamond-hosting rock, near Prince Albert by Monopros Ltd., a subsidiary of DeBeers Mining Company, has many people thinking there could be. Several majors have secured l…


Nerco Venture

Diversifying its interests outside of North America, Nerco Minerals, a subsidiary of Nerco Inc, has entered into two joint venture agreements which will see it explore for minerals in the prolific Kal…



MinVen finds gold in S. Dakota

Surface drilling at MinVen Gold Corp.’s (TSE) Gilt Edge mine in South Dakota has encountered significant gold mineralization over some unusually long thicknesses. The company is involved in a $9.4 mil…


Base metal potential at Cobalt silver mine

Joint venture partners Silverside Resources (TSE) and International Platinum Corp. (TSE) have an- nounced a base metal discovery on their 520 acre silver property located northeast of Cobalt, Ont. The…


Noble Peak find

Drilling by Noble Peak Resources (ASE) on the company’s Southwin gold prospect in the eastern arctic has confirmed surface trenched gold values to a depth of 600 ft. Hole 21 intersected 16.8 ft gradin…


PRODUCER PRICES Metal Prices (October 17, 1988)

ALUMINUM: MW U.S. Market $1.00-$1.04 per lb. (Sept 29, 1988). ANTIMONY: New York dealer $1.05-$1.10 per lb. (Aug 25, 1988). BISMUTH: New York dealer $6.10-$6.15 per lb. (Sept 29, 1988). CADMIUM: New Y…


Northgate, Westfield pool mining assets

Northgate Exploration (TSE) and affiliate Westfield Minerals (TSE) have agreed to pool several assets into a holding company. Known as Norwest Holdings, the company will own an 18% interest in Whim Cr…


Mining fear, not gold

This year securities commissions across North America estimate that tens of thousands of Canadians and Americans will lose in excess of $250 million in stock and investment swindles related to gold sh…


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