People NEW KELORE MINES
Peter Bojtos appointed president and director; Jeffrey Snow appointed director; Carl Ashenhurst, Douglas Nicholson, Geoffrey Mitchell and Mervyn Upham resigned.
Articles by Northern Miner Staff
Madison seeks joint venture for gold mine
Madison Grant Resources says it is negotiataing with several potential joint venture partners interested in the company’s gold-silver mine near Virginia City, Mont. An independent geological report on…
Aurizon Mines offer
Vancouver-based Aurizon Mines (TSE) has made an offer to redeem all of the company’s 5 7/8% Swiss franc convertible bonds totalling 35 million francs ($32.5 million). For each 5,000 franc ($4,643) pri…
Toronto Stock Exchange Indices (December 31, 1990)
Dec.25 Dec.24 Dec.21 Dec.20 Dec. 19 HIGH LOW Composite “300” Holiday N/A N/A 3255.43 3253.74 4009.47 3009.91 Metals & Minerals Holiday N/A N/A 2769.88 2784.22 3453.06 2502.63 Integrated Mines Holiday …
VSM, Serem are happy with Orphee zinc zone results
Partners VSM Exploration (TSE) and Serem Quebec say drilling on claims optioned recently from Orphee Resources indicates that copper grades in a new zinc zone increase significantly at depth. VSM and …
McFinley, contractor settle dispute over Bateman project
Toronto-based McFinley Red Lake Mines (TSE) has removed a major legal impediment to any future development of the company’s Bateman Twp. gold project near Red Lake, Ont. McFinley President William Cum…
NEWS IN BRIEF Consolidated Gold Hawk
Consolidated Gold Hawk (ASE) has signed a share purchase agreement with CGH (1990) Mineral Exploration Partnership for $600,000 worth of Gold Hawk shares priced at 42 cents per share. Each share is ac…
Adrian pulls big hole at Pumphouse
A recent hole drilled on the TOK claim gap by Adrian Resources (VSE) returned 49.2 ft. grading 1.19 oz. gold and 87.50 oz. silver per ton from the Pumphouse Lake zone. The TOK claim gap makes up part …
PEOPLE NEVADA GOLDFIELDS (December 31, 1990)
Robert Allen, Richard Atkinson, James Ainsworth, Alan Bell, Alan Spence and Rodney Knutson appointed to the board; Alan Bell appointed president and chief executive officer; James Frank appointed vice…
Guyana gold find reported by S.A. Goldfields, Denison
Joint venture partners South American Goldfields (TSE) and Denison Mines (TSE) have reported a new high-grade gold discovery near a former gold mine on their Aurora property in Guyana. The partners re…
Security expert says attitudes changing
The head of a growing mining security company says industry attitudes toward security in the workplace are starting to change. Ray Rose, president of Sudbury- based Cambrian Alliance Protection Servic…
NEWS IN BRIEF Int’l Dorado Resources Ltd.
International Dorado Resources Ltd. (IDD:VSE) has changed its name to Calco Resources Inc. (KLC:VSE) with a consolidation of capital on a 1-new-for-4-old-share basis. The transfer agent is Central Gua…