1991

Frank Callaghan appointed president; Bruce Elner and Michael Scott appointed directors succeeding Peter Yearwood, Kenneth Sumanik and Maro MacKinnin-Andrew who resigned.

The Association of Professional Geologists and Geophysicists of Quebec (APGGQ) is not impressed by the lack of additional support for mining exploration financing in the recent Quebec budget. The asso…

Over a distance of less than five miles along the North Rim of the Sudbury Basin, from the old Hardy mine to Longvack, Inco Ltd.’s operation at the extreme east end of the North Rim, there are no less…

After completing a due diligence review, Murray Pezim’s Galico Resources (VSE) decided to drop its option to acquire a 50% interest in the Vera Cruz property held by Vera Cruz Minerals (VSE) in New Me…

A private Montreal venture-capital company, Polcap Investments, has signed agreements with zinc producer ZGH Boleslaw Mines of Poland to act as financial, managerial and technical adviser. In announci…

John Erickson appointed director.

“Go north, young man, go north.” But not in Ontario. There’s nothing wrong with the geological environment in that once-prosperous province, but governments are changing the fiscal and operating envir…

Merger partners El Condor Resources(VSE) and Covenant Resources (VSE) recently agreed to purchase the North and South Kemess property interests held by a unit of Kennecott. El Condor earned a 60% int…

Additional funding in the amount of US$1.45 million will be provided by Nissho Iwai Corp. of Japan to go toward the preproduction development costs and working capital of the San Bartolome mine projec…

The Eagle River gold deposit in the Mishibishu Lake area of northern Ontario will enter production “with or without” the help of 60% owner Hemlo Gold Mines (TSE), says Richard Nemis, president of Cent…

Contrary to what was reported in The Northern Miner (May 6/91), Deak Resources director Douglas Hume recently bought 9,000 shares for 54 cents to hold 147,500.

Storimin Exploration (ASE) said it is planning surface work, and possibly a drilling program, this summer at its recently acquired base metal property in Robertson Twp. in northeastern Ontario, adjace…