1991


Dia Met signs deal with Uranerz

A recent agreement with Dia Met Minerals (VSE) will allow Uranerz Exploration and Mining to participate in a diamond exploration program owned 100% by Dia Met within a specific but undisclosed area of…


Queenston and Strike cut four sulphide zones

The fifth hole of a 5-hole program at the Robertson base metal property near Matachewan, Ont., has intersected four zones of banded, disseminated to semi-massive sulphide mineralization, including a 1…


INSIDER TRADING (February 25, 1991)

Two of Glamis Gold’s (TSE) senior executives recently took the opportunity to cash in on the company’s success. According to the Ontario Securities Commission’s OSC Bulletin, James Billingsley, Glamis…


Montreal Exchange Hot Freewest find

Drilling of Freewest Resources’ Benoit Twp. property near Miquelon in northwestern Quebec continued to return wide widths, the company reported. For the week ended Feb. 19, shares of the junior rose t…


Falconbridge options California gold mine

A wholly owned subsidiary of Falconbridge Gold (TSE) recently paid American Gold Resources US$625,000 for an option to purchase a 50% interest in the Royal Mountain King mine in Calaveras Cty., Calif….


New exploration grants announced

The northern Ontario communities of Atikokan, Manitouwadge and the Beardmore-Geraldton-Longlac-Nakina area have been designated for assistance under the Ontario Mineral Incentives Program (OMIP), prov…


METAL PRICES FREE MARKET (February 25, 1991)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 19 Feb 18 Feb 15 Feb 14 Feb 13 Copper 1285-1290 1262-1263 1240-1242 1224-1226 12…



FUTURES PRICES (February 25, 1991)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 113.20 110.80 110.80 — 0.20 Mar 112.70 109.70 110.05 + 0.05 Apr 108.50 108.50 108.20 — 0.20 SILVER (in US c…


News In Brief Carnes Creek Exploration

Carnes Creek Expl. Ltd. has changed its name to Marathon Telecom Corp. with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.


Akiko-Lori drops bid for Bradner

Rather than pursue a hostil takeover, Akiko-Lori Gold Resources (VSE) has agreed to withdraw its recent offer to acquire Bradner Resources (VSE). Bradner’s board of directors refected Akiko-Lori’s pro…


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