Shareholders give nod to new Corona Corp.
If there was any doubt the amalgamation of five Royex group companies into one big corporate entity to be known as Corona Corp. would not go ahead, Chairman Ned Goodman dispelled it early. Addressing …
News
Continental Gold to drill shear zones at Trophy bet
Crews have been mobilized and drilling is expected to begin in July at Continental Gold Corp.’s (VSE) Trophy property in northwestern B.C. The $2-million exploration program will follow up a successfu…
Manitoba’s base metals sector had novel beginning manitoba base
The large and sophisticated base metal mining industry in Manitoba began in December, 1914, when a local Indian, David Collins, showed Thomas Creighton a mineralized outcrop near what is now Flin Flon…
Uranium Resources leaching in situ reserves in Texas
Dallas-based Uranium Resources, which now trades on the Vancouver Stock Exchange, wants to become a significant player in the United States uranium industry. The company specializes in the solution mi…
News in Brief (June 13, 1988)
Stratabound Minerals Corp. (VSE) has signed a letter of intent with Sofomines 1988 and Co. Ltd. Partnership of Montreal whereby the company will receive up to $500,000 in exploration funds in exchange…
Alberta Stock Exchange Biron among gainers
While concerns over rising interest rates were felt on the New York and Toronto stock exchanges, some Alberta gold stocks were posting some of the highest gains in recent months. Jefferson Valley Gold…
Metals Snips
News out of Australia has the Labor government saying it will introduce a tax on gold-mining profits in 1991. Producers of the yellow metal there haven’t paid any taxes since 1925. Australia turned ou…
Brex, Mirandor on ME
Two Ariel group companies, Brex Exploration of Montreal, Que., and Mirandor Exploration of Val d’Or, Que., were recently listed for trading on the Montreal Exchange (symbols BX.A and MIQ.A, respective…
Metal Snips (June 06, 1988)
A new $1-billion aluminum smelter to be built by a consortium of Japanese, European and North American firms is in the works for Quebec, according to the Quebec provincial government. The site has not…
Correction (June 06, 1988)
A bulk sampling program at the Theresa gold property near Longlac, Ont., will mine out up to 3,000 tons of rock for testing, partners Duration Mines (TSE) and Locator Explorations (VSE) say. In last w…
Gross award is presented
The first William Harvey Gross award, consisting of a medal and a cash supplement through an endowment provided by Lacana Mining Corp., was awarded to Robert Kerrich of the University of Saskatoon by …
Wawa area survey results released by Ont. ministry
The result of a recently completed airborne geophysical survey covering an area of 4,000 sq km surrounding Wawa, Ont., have been released, Mines Minister Sean Conway said recently. “These are the firs…