COATS (over-the-counter) Trial date set
Rivals Card Lake Resources and Teddy Bear Valley Mines will meet in court on Sept. 3 to settle a property dispute over Card Lake’s 5-claim property near Matheson, Ont., says Teddy Bear. Until then, Ca…
Articles by Northern Miner Staff
Greenland seeks to attract exploration
Faced with the recent closure of its only remaining metal mines, and a slump in both its fishing and oil sectors, Danish government authorities are attempting to increase exploration activity in Green…
Greenstone extends gold zone on Panama property
The first two holes drilled by Greenstone Resources (TSE) on the company’s 49% owned Santa Rosa gold property in Panama have intersected encouraging results including 249 ft. grading 0.12 oz. gold per…
WGM wins contract with Zambian firm
Toronto-based consulting firm Watts, Griffis and McOuat has signed a contract with Zambia Consolidated Copper Mines to review the exploration potential in that African nation. The work is part of a pr…
PROFILE John McOuat sells Canadian know-how worldwide
From Alaska to Sri Lanka and from Greenland to Bolivia there are projects with which Toronto- based consulting firm Watts, Griffis and McOuat (WGM) is involved. Recently it signed a contract with the …
Alberta Stock Exchange Volumes lacklustre (January 21, 1991)
Volumes were lighter than usual during the week ended Jan. 15 as investors remained fearful of war in the Persian Gulf following Iraq’s failure to comply with a United Nations ultimatum calling for it…
U.S. REPORT New filing rules
Effective Jan 1., unless mining claim documents are accompanied by filing fees, the U.S. Bureau of Land Management (BLM) will refuse to file the documents. The rejected documents will no longer be dat…
Gwen raises stake in Holloway claims
Edmonton-based Gwen Resources (ASE) has increased its interest to 50% from 25% in a group of 101 gold claims situated in Holloway and Marriot twps., near Matheson, Ont. The remaining half interest in …
Spot prices at a glance (January 21, 1991)
Week’s Price (US) Change Gold* $403.70 + $13.00 Silver* $4.22 + $0.13 Platinum*$424.00 + $9.75 Nickel** $3.78 — $0.17 Lead** $0.27 Copper- $1.06 — $0.10 Zinc $0.52 — $0.05 Courtesy of Scotiabank. I…
METAL PRICES FREE MARKET (January 21, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 15 Jan 14 Jan 11 Jan 10 Jan 9 Copper 1272-1273 1291-1292 1310-1311 1314-1316 131…
Freewest, Mint option property
An agreement has been reached between Freewest Resources (TSE) and Mint Gold Resources (COATS) whereby the two companies have an option to earn a 100% interest in a 59-claim property in Northumberland…
Phelps Dodge drops Stillwater option
Arizona-based Phelps Dodge (NYSE) has dropped its option on the Stillwater strategic metals joint venture in Montana with Australian company Boulder Gold. Phelps Dodge had to decide by Jan. 15, whethe…