High Frontier moves into Bralorne camp
Early next year, High Frontier Resources (VSE) expects to begin exploring a 2,471-acre property held by Goldpac Investments (VSE) near the historic Bralorne gold mine in southern British Columbia. Hig…
1990
People UNITED COIN MINES LTD. (December 31, 1990)
David Libby resigned as a director. A successor to be announced.
Jonpol plans drilling on new claim block
Jonpol Explorations (TSE) and affiliate T&H Resources (TSE) have signed an option to acquire 25 mining claims adjacent to their gold property in Garrison Twp, Ont. The new claims, which lie to the wes…
LETTERS TO THE EDITOR Moose leads Ontario prospectors to gold
The picture shows three prospectors and a moose; from left to right, Myron Nelson, the moose, Nolan Cox and me. The moose, born and raised on the Beardmore-Geraldton gold belt in northwestern Ontario,…
Quartz Mountain to drill TAY-LP
An exploration program to consist primarily of drilling is slated to begin early next year on the TAY-LP claims held by Pacific Comox Resources (VSE). The company acquired its interest in the claims f…
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…
Stratmin making rights offering
Montreal-based Stratmin (ME) is hoping to receive about $6 million from a rights offering. Holders of the company’s A shares, as of the close of business Dec. 19, will receive three rights for each sh…
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 …
Trimin share buyback stalled
A formal valuation of the shares of Trimin Resources (TSE) may be required before the company can proceed with a buyback offer for up to 2.2 million of its shares. The company applied to various secur…
Share volumes tumble in market slump
When people can’t sleep at night worrying about their investments, they tend to stay out of the stock markets, says Fred Ketchen, director of equity trading at Toronto- based ScotiaMcLeod Inc. Accordi…
U.S. REPORT Placer drilling on Talapoosa project
An 8,000-ft. drilling program has started on the Talapoosa project in Lyon Cty., Nev. The U.S. unit of Placer Dome (TSE) is the operator on the property and can earn a 51% interest from Athena Gold (V…
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…