Minnova options Stow’s LeMare
A minimum of $340,000 will be spent this year by Minnova (TSE) to explore the LeMare property on Vancouver Island, 20 miles west of the BHP-Utah Island Copper mine. The property is owned 100% by Stow …
Articles by Northern Miner Staff
Sutton drilling set for Guyana
Drilling is expected to recommence at the Marudi Mountain property in Guyana in late January. Sutton Resources (VSE), owner of the property, concentrated 1991 drilling on the Mazoa Hill zone, which me…
Euro-Nevada plans to issue warrants
Euro-Nevada Mining (TSE) says it has an agreement with two securities firms to issue 1.5 million special warrants at $18.75 per warrant. The agreement, subject to regulatory approval, is with First Ma…
VIEW FORM THE WEST
Last September, Mike Harcourt, leader of the New Democratic Party of British Columbia, and now premier of British Columbia, responded to eight questions posed by the Mining Association of British Colu…
Minas project uses Irish model
A private syndicate is proposing an exploration program to search for Irish-type, carbonate-hosted polymetallic deposits on the south shore of the Minas Basin in Nova Scotia. Called the Minas Mineral …
PEOPLE (January 27, 1992)
T. Philip elected president, chief operating officer and a director.
Mineral deposits at Selwyn Basin
Steven Gordey, member of the Geological Survey of Canada in Vancouver, will give a lecture Feb. 6 at 4 p.m. It will take place in Room 2093 at the University of Toronto’s Earth Sciences Centre. Topic …
NEWS ROUNDUP; NEWS ROUNDUP
Financially beleaguered Breakwater Resources (TSE) and Banque Indosuez are seeking to restructure the terms and conditions of the Swiss franc bonds issued by Breakwater in 1987. Banque Indosuez is act…
GOLD FUNDS (January 27, 1992)
BGR Central Net Value $8.60 $5.08 Price $7.50 $4.550 Discount 12.75% 10.4 Value $51,182,000 $76,550,565…
FINANCING (January 27, 1992)
GHZ Resource Corp – 600,000 shs offered @ 20 cents per sh. Rome Resources Ltd – 600,000 shs offered @ 37 cents per sh.
TORONTO STOCK EXCHANGE INDICES (January 27, 1992)
Composite 300 3620.44 3655.67 3658.29 3665.96 3656.72 4009.47 3009.91 Metals & Minerals3111.62 3200.40 3235.89 3238.87 3131.15 3453.06 2502.63 Integrated Mines 3346.43 3446.52 3485.56 3492.33 3363.62 …
Vior and Inco complete deal
A transaction whereby Societe d’Exploration Miniere Vior (ME) enhanced its property portfolio and Inco (TSE) increased its equity holding in the junior is complete, the companies said. Vior acquired n…