NEWS IN BRIEF Brican Resources
Brican Resources Ltd. (BRI:VSE) has changed its name to International Brican Resources Ltd. (IBR:VSE) with a consolidation of capital of one new share for three old shares. The transfer agent is Montr…
News
GOLD FUNDS (May 13, 1991)
Gold funds as of May 7 BGR Central Net Value $8.67 $4.99 Price $7.50 $4.550 Discount 13.49% 8.8% Value $51,622,490 $76,55…
BOOK BRIEFS (May 13, 1991)
The author gives a firsthand account of the Carlin gold discovery and the early exploration of the Carlin belt. Also given is current information on reserves and production. Carlin Trend History: Dis…
Vera Cruz stock jumps Hot holes from New Mexico
The share price of Vera Cruz Minerals (VSE) took a big jump after the company announced some impressive assay results from a reverse circulation drill program on its Vera Cruz project in south-central…
Porphyries lure explorationists to Quesnel trough
A resurgence of exploration activity focused on alkalic porphyry copper deposits in the Quesnel Trough of British Columbia is taking place. But this time the lure is for gold as well as copper. During…
Goldstream mine starts up
After a 7-year hiatus, the Goldstream polymetallic mine near Revelstoke, B.C., is back in production with a new operator. Equal partners Goldnev Resources (VSE) and Bethlehem Resources (VSE) recentl…
South African ties could force review of HudBay bid
Manitoba Energy Minister Harold Neufeld says he welcomes Minorco’s recent offer to provide financial support for a $187-million modernization program at Hudson Bay Mining & Smelting’s (TSE) Manitoba m…
U.S. REPORT Adonos options Colorado prospect
An option to earn a 50% interest in a 20-claim polymetallic property at Idaho Springs, Colo., by spending $1 million has been acquired by Adonos Resources (VSE) from Franklin Consolidated Mining (NASD…
Going underground challenges Princeton
New operating and environmental constraints were imposed on Princeton Mining (TSE) during the recent change to underground mining of the McDame asbestos deposit from its traditional open-pit operation…
Echo Bay develops historic gold producer
Like most projects being explored or developed in the Juneau gold belt of southeast Alaska, the Kensington gold project has historical roots going back before the turn of the century. At that time pro…
Strike ends at Brunswick as union accepts contract offer
The long strike at Brunswick Mining & Smelting’s (TSE) lead-zinc mine smelter operations in New Brunswick ended recently when employees voted to accept a new 43-month wage contract. Representatives of…
EDITORIAL PAGE Quebec’s faint support is welcome
If Quebec had announced its 1991-92 budget a few weeks ago, it would have been damned as irresponsibly extravagant. Finance Minister Gerard Levesque would be pilloried for projecting a deficit this ye…