1991

Toronto-based Citadel Gold Mines (TSE) has purchased all the outstanding shares of privately owned Jam-Can Resources for 1.45 million shares of Citadel at 15 cents per share. Jam-Can holds three exclu…

Regarding your editorial “The wasted potential of COATS” (T.N.M., Jan. 28/91), we at the Toronto Stock Exchange would like to present our perspective on the issue. The Canadian Dealer Network (CDN), t…

VANCOUVER Based on observations from drilling, partners Thios Resources (VSE) and Eurus Resource (VSE) are reporting a general increase in sulphide content within the Black Dog horizon as drilling pro…

A 15-hole drill program on the One Man Lake gold occurrence near Kenora, Ont., has returned some encouraging assays for Champion Bear Resources. Results show a series of gold-bearing zones ranging fro…

Higher than expected operating and restructuring costs at the Copper Range mine in northern Michigan will reduce Metall Mining’s (TSE) 1990 income by about $7 million, the company estimates. Although …

The Vancouver Stock Exchange composite and resource indices continued to push ahead over the period ended Feb. 12. The composite index added 13.10 points to finish at 524.59, while the resource index …

Toronto-based Minnova (TSE) has signed a formal agreement, allowing it to disapprove the well-known myth that Nova Scotia can’t support a profitable gold mining operation. Under the agreement, Minnova…

Equal partners LAC Minerals (TSE) and Cambior (TSE) recently discovered gold-bearing sulphide mineralization on claims east of the Doyon gold mine near Cadillac, Que. A surface drilling program operat…

One of Canada’s greatest mineral treasures is its uranium reserves. There are other great uranium deposits around the world, but none rival the high grade and vast tonnage of those found in northern S…

Consolidated earnings of US$20.3 million (17 cents per share) were reported by LAC Minerals (TSE) for 1990, but after a write-down of its mining interests and investments, the company reported a net l…

Chistopher O’Kelly, who won the Victoria Cross at Passchendale in October, 1917, and the Military Cross at Vimy Ridge in April, 1917, became a prospector in 1922. He came to Red Lake, Ont., in October…

To generate rapid cash flow, Greenstone Resources (TSE) is putting its 49% owned Santa Rosa gold project in Panama on the “fast track” to production, shareholders were told at the annual meeting. Sant…