Amax amends Coral deal
It appears that Amax Gold (TSE) is prepared to continue with a second phase exploration program on the Robertson gold property, owned by Coral Gold (TSE) in northern Nevada. The two companies reached …
1990
Alberta Stock Exchange Ontex up 15 cents
A new reserve estimate of 1.4 million tons grading 0.26 oz. gold per ton for the Brookbank deposit in northern Ontario gave shares of Ontex Resources a 15 cents boost to $2.10 during the week ended Oc…
Vancouver Stock Exchange Prime manages to hold its ground
The Vancouver Stock Exchange ushered in October by racking up its worst trading day in eight years. To top that off, the VSE composite index fell to an all-time low of 588.99 for the week ended Oct. 2…
Goodman eases Corona load
Planning to focus more closely on his new investment firm, Dundee Capital, Corona Chairman Ned Goodman has reduced his involvement in Corona (TSE), leaving more room for Peter Steen, Corona’s presiden…
Royal Oak’s Pamour acquisition delayed
Giant Resources of Australia has agreed to extend the closing of Royal Oak Resources’ (TSE) acquisition of a controlling interest in the Pamour (TSE) group of companies. Royal Oak says it now expects …
Widths disappointing, but Goodfish structure better understood
Although unable to duplicate the results of last winter’s discovery hole, International Platinum (TSE) says a recent 6-hole program has helped to define the complex nature of mineralization on the Goo…
Newfoundland hosts open house
The Newfoundland Department of Mines and Energy will host its 1990 open house at St. John’s, Nfld., Nov. 1. It will include a morning session on the department’s various activities and on mineral expl…
Johnson mine begins commercial output
The Johnson Camp copper mine near Benson, Ariz., has reached commercial production and will be operating at full capacity by mid- October, says owner Arimetco International (TSE). Ore from the mine is…
Wilson explanation ovrlooks key information
Throughout the summer months the Prospectors and Developers Association of Canada conducted a national campaign designed to inform provincial and federal MPs of the dangerous situation into which Cana…
Royal Scot starts drilling
A small drilling program totalling 2,500 ft. in six holes is under way at the Summit Lake property, owned by Royal Scot Resources. Located north of Stewart, B.C., Summit Lake is a former producer whic…
NEWS IN BRIEF Canadian-United Minerals
Canadian-United Minerals, Inc. (CUN:VSE) has changed its name to Mansfield Minerals Inc. (MDR:VSE) on a 1-new-for-5-old- share basis. One third of the company’s interest in its Come Mountain property …
News in brief (October 08, 1990)
The department of geology at the University of Toronto is hosting its 1990-91 department seminars from September to March. Among the speakers are Jim Franklin of the Geological Survey of Canada, Verno…