Grant helps women engineering students
A grant of $40,000 has been awarded by Energy, Mines and Resources Canada to the 1989 Canadian Engineering Memorial Foundation for scholarships for women engineering students. According to the federal…
News
Golden North, Thorco make deal to combine with Doelcam
Golden North Resources (TSE) and Thorco Resources (TSE) have signed a letter of intent to amalgamate with Doelcam Mining, a private Toronto company controlled by metallurgist Dennis McLeod. Should the…
NEWS IN BRIEF Minorca extends downdip at Nicobi
Minorca Resources (VSE) has picked up the downdip extension of the A zone at the Nicobi Lake copper-nickel property in northern Quebec. Drilling 82 ft. north of hole 2, Minorca intersected strong mine…
Unlisted Trading Van Ollie busy
News about Van Ollie Explorations’ plan to further explore its McMurray Twp. gold property near Wawa, Ont., has spurred active trading in recent weeks. In a low-high range of 15-23 cents, 965,450 shar…
NEWS IN BRIEF Homestake helps out subsidiary
Homestake Mining (NYSE) has contributed an additional $675,000 to its 82.8% owned subsidiary North American Metals (VSE). Homestake has also agreed to defer North American’s remaining 1991 gold delive…
Latest Paymaster results mixed
The latest underground drilling at the Paymaster gold project near Timmins, Ont., has returned mixed results for partners American Reserve Mining (ME) and Placer Dome (TSE). Hole 6035 hit a short mine…
Alberta Stock Exchange Kingswood active (July 22, 1991)
As drillers moved on to its 133-claim property in La Gauchetierre Twp., Que., during the week ended July 16, Kingswood Explorations bounced up five cents to 18 cents. Noranda, earning a 75% interest i…
Spot prices at a glance (July 22, 1991)
Week’s Price (US) Change Gold* $369.20 – $ 1.00 Silver* $ 4.40 – $ 0.08 Platinum* $380.00 – $ 2.90 Nickel** $ 3.91 – $ 0.13 Lead** $ 0.25 $ 0.00 Copper{ $ 1.00 – $ 0.01 Zinc{{ $ 0.48 $ 0.00 Courtesy o…
Akiko-Lori’s suit dismissed
In early July, the British Columbia Supreme Court dismissed a lawsuit initiated by Akiko-Lori Gold Resources (VSE) against Ecstall Mining (VSE) relating to the Forgold property in northwestern British…
LETTERS TO THE EDITOR Ontario’s gold camps revisited
I am working on a book titled Gold in Ontario and would like to call on your readers for their help. The book will cover the historical growth of all of the gold camps in the province from Hastings Ct…
U.S. REPORT Castle Mountain near startup date
The Castle Mountain gold project is on schedule and on budget, with owner Viceroy Resources (TSE) anticipating startup as planned in January, 1992. It’s been a long haul for the Vancouver-based junior…
Yukon welcomes start of operations at lead-zinc mine
Mining may not be welcome in some parts of Canada these days, but this doesn’t appear to be the case in and around Watson Lake, Yukon, where partners Curragh Resources (TSE) and Hillsborough Resources…