Inco options Fly Lake property
Inco (TSE) can earn a 60% interest in Breakwater Resources’ (TSE) Fly Lake base metal property, east of Red Lake, Ont.To do so, the senior must spend $1.25 million on exploration and pay $125,000 over…
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PEOPLE — SOUTHERNERA
Graham Farquharson appointed director.
PEOPLE — SOLOMON
J. Allan, appointed vice-president of exploration and development.
PEOPLE — SOLIDOR
Dave Melenchuk appointed director.
PEOPLE — SEAWEST
Richard Lavallee and Donette Waters appointed directors.
PEOPLE — SARABAT GOLD (February 19, 1996)
Robert Paul appointed president and director.
PEOPLE — SANTA FE PACIFIC GOLD (February 19, 1996)
David Batchelder appointed director.
PEOPLE — PAYTEL INDUSTRIES
Robert Paul appointed director.
STOCK MARKETS — Gold stocks lose lustre as western markets sag
Gold reversed its direction over the report period ended Feb. 13, taking a bit of the shine off of western markets as it settled in at US$403 per oz. The Vancouver Stock Exchange resource index fell 9…
Falconbridge makes bid for Diamond Fields Resources
Late to enter the race for control of the Voisey’s Bay nickel-copper-cobalt deposit in Labrador, Falconbridge (TSE) has nevertheless vaulted to the head of the pack.Falconbridge has offered to merge w…
PEOPLE — NCC MINING
Carl Huston appointed director.
Int’l Pursuit spins off Indonesian properties
Toronto-based International Pursuit (TSE) and its Indonesian partner will develop properties held by the latter in Kalimantan, Sumatra and Java.A proposed agreement calls for at least eight projects t…