BRIEFS Cal Graphite split
Cal Graphite (VSE) recently received shareholder approval for a split of its shares on a 2-for-3 basis. Subject to VSE approval, the company has set June 29 as the record date of the stock split. Cal …
News
News in brief Agincourt Explorations
Agincourt Explorations Inc. (AGX:VSE) has changed its registrar and transfer agent to Pacific Corporation Services.
Antimony values
Noront Resources (VSE) reported earlier this year intersecting values of stibnite (antimony-bearing mineral) at the Beaver Lake property in central Newfoundland. The drilling was performed as part of …
St Andrew on target with Stock Twp mine
Production is on target at the Stock Twp., Ont., gold mine of Toronto-based St Andrew Goldfields (TSE) despite recent drops in the price of gold which have taken a heavy toll on most junior mining com…
Muscocho seeks new financial backing
J.T. Flanagan, president of Muscocho Explorations (TSE), says efforts are continuing to secure alternative financial arrangements following the collapse of an earlier agreement with Echo Bay Mines whi…
Canadians study Soviet technique for exploration
Canadian mineral explorationists are getting a close look this summer at a Soviet geophysical exploration technique. Since first broaching the subject during a trip to Moscow in 1983, Harold Seigel, p…
Flow-through funds for five juniors
Five juniors listed on the Montreal Exchange are to share in a flow-through financing put together by Montreal-based partnership fund Minexco 1990. A final prospectus has been filed by Minexco with th…
Eastfield starts program at Takla-Rainbow
Field work is about to begin on the Takla-Rainbow property, north of Fort St. James, B.C., one of several properties that will be explored by Eastfield Resources (VSE) this season. The Vancouver-based…
Quintette looking to reorganize
To gain time to reorganize, Quintette Coal has obtained a court restraining order keeping third parties from taking action against the company for a period of six months. President Paul Kostuik noted …
Impending wage increases put more pressure on South African gold
Wage increases for South Africa’s black miners, due to take effect on the first of July, will result in even higher production costs for gold mines already among the world’s most expensive. The Nation…
Noranda makes zinc find in Wisconsin; The first two holes drilled
The first hole on the Lynne project, drilled at 52 degrees , intersected 128 ft. averaging 22.71% zinc, 0.64% copper, 2.95% lead, 1.04 oz. silver per ton and 0.011 oz. gold. The second hole, drilled a…
Taseko loses suit against Cominco
The Court of Appeal of British Columbia recently dismissed an appeal by Taseko Mines (TSE) in which Taseko sought to nullify an option allowing Cominco (TSE) to earn an interest in its Fish Lake coppe…