Montreal Exchange Orex, Onitap settle
An out-of-court settlement with TSE-listed Onitap Resources helped Exploration Orex to become one of the week’s top traders with more than 500,000 shares changing hands. Orex, which jumped 6 cents to …
1990
PEOPLE NERCO MINERALS (December 24, 1990)
Clynton Nauman appointed vice-president of operations; Jason McKenzie appointed general manager of the Con mine succeeding Clynton Nauman.
PEOPLE FALCONBRIDGE GOLD
David Comba appointed vice-president of exploration.
Minnova, Aurlot drop Janus metal prospect
Following disappointing results from the Janus exploration project in Oregon, Minnova (TSE) and Aurlot Explorations (COATS) have abandoned the polymetallic prospect. Aurlot, which held the right to ea…
Ican forecasts 200 million tons at Racey
Calgary-based Ican Minerals (TSE) continues to intersect strong widths of low-grade gold mineralization on the Racey property in Oregon, the company says. Although Ican is awaiting check fire assays, …
U.S. REPORT Noranda to explore Blue Dog
Ongoing exploration of the Blue Dog gold project near Weiser, Idaho, is to be managed by a unit of Noranda (TSE) under the terms of a recent agreement-in-principle with Gold Canyon Resources (VSE). Sh…
LETTERS TO THE EDITOR Continental drift
I was delighted to see your coverage (Dec. 3/90) of a new contract for Watts, Griffis & McOuat in the Republic of Yemen. Despite certain geologic connections, you should be aware that Yemen is not in …
James ready to cut costs in order to save Denison
Just two months short of his 62nd birthday, former Falconbridge Ltd. chairman Bill James has taken on what could be the biggest challenge of his career. After accepting an invitation to 0000,0509 beco…
Tulsequah Chief hole fails to cut H Lens mineralization
Hole 90-29 on the Tulsequah Chief property was drilled into footwall andesite and stopped at a depth of 2,635 ft. without encountering H Lens mineralization. The Tulsequah property is in northwestern …
Followup drilling for Rock and Roll bet
Partners Eurus Resource (VSE) and Thios Resources (VSE) are planning a second phase of drilling on their promising Rock & Roll massive sulphide prospect in the Iskut River camp of northwestern British…
Toronto Stock Exchange Indices (December 24, 1990)
Dec. 18 Dec. 17 Dec. 14 Dec. 13 Dec. 12 HIGH LOW Composite “300” 3236.89 3232.97 3244.22 3252.56 3252.54 4009.47 3009.91 Metals & Minerals 2756.20 2758.70 2783.70 2782.90 2803.41 3453.06 2502.63 Integ…
Eastmaque and major shareholder at odds
An apparent falling out over the conversion of its preferred shares into common shares has Eastmaque Gold Mines (TSE) at odds with its major shareholder, VenturesTrident. VenturesTrident filed a lawsu…