Galico drops Vera Cruz option
After completing a due diligence review, Murray Pezim’s Galico Resources (VSE) decided to drop its option to acquire a 50% interest in the Vera Cruz property held by Vera Cruz Minerals (VSE) in New Me…
Articles by Northern Miner Staff
Manor planning drill program
A 10-hole drilling program representing about 1,000 metres is set to get under way during the latter part of May at the Virginia gold property of Manor Resources (ASE) near Gander, Nfld. President W.A…
Government apathy, low prices led to drilling industry’s `collapse’
Contrary to our federal government’s assessment that “Canadian mineral exploration is still on its long-term secular trend,” the diamond drilling industry is in a state of collapse. Exploration expend…
LETTERS TO THE EDITOR Manitoba strategy
On the one hand, it is heartening to hear that the Filmon government is developing a sustainable development strategy for Manitoba’s mineral resources. On the other hand, it is disheartening to hear t…
PEOPLE MODULE RESOURCES (May 20, 1991)
Marshall Bertram appointed director and corporate secretary succeeding Edgar Fenwick who resigned.
PEOPLE COEUR D’ALENE MINES
Michael Tippett promoted to executive vice-president of CDE Chilean Mining.
Gaspe conference
The Gaspe Prospectors Association (L’Association des Prospecteurs Gaspesiens), in co-operation with the Quebec Ministry of Energy and Resources, will host a symposium June 12-14 on prospecting in the …
U.S. REPORT MinVen acquires balance of Stibnite
With the purchase of the other 50% interest in the Stibnite heap leach gold mine from Pegasus Gold Mines (TSE), MinVen Gold (TSE) now controls 100% of the open pit operation. Pegasus recently acquire…
U.S. REPORT LAC starts drill program on Blue Moon project
A first-stage, US$1 million exploration program is now in progress at the Blue Moon project in Mariposa Cty., Calif. LAC Minerals (TSE) recently finalized an option agreement with property owner, Co…
PEOPLE INTERNATIONAL MAHOGANY
Anton Hendriksz appointed chairman of the board succeeding Donald Busby who resigned.
PEOPLE GENTRY RESOURCES
Gerald Ross appointed chairman of the board and chief executive officer; Hugh Ross appointed president and chief financial officer; Kecha Panchmatia appointed secretary-treasurer.
Assays confirm significance of Westmin drilling
While one exciting drill hole does not an orebody make, it was enough to take the sting off disappointing 1991 first-quarter financial results released by Westmin Resources (TSE) at its annual meeting…