News


Drilling program completed on David/Lew property

Partners Dragoon Resources (VSE) and Greenstone Resources (TSE) recently completed a 4-hole drill program on the David Lew gold project in southwestern British Columbia. The best hole returned 0.11 oz…



PEOPLE HOYLE RESOURCES

Wayne Waters elected president; Wayne Waters, Derek Waters, Donette Waters appointed directors succeeding Edward King, Jean King, John Fuller and Gregory Brownless.


METAL PRICES FREE MARKET (July 22, 1991)

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 16 July 15 July 12 July 11 July 10 Copper 1340-1342 1329-1330 1336-1338 1376-137…


NEWS IN BRIEF Drilling starts at Deak’s Magusi

An 18-hole drill program is under way at Deak Resources’ (TSE) Magusi base metal property, 25 miles northwest of Rouyn-Noranda, Que. The drilling will provide metallurgical samples and further delinea…


Westmin gets more good news from Myra Falls

More spectacular assay results were released by Westmin Resources (TSE) from ongoing drilling to further test a recently discovered zone on its Myra Falls mine property near Campbell River, B.C. The l…


METAL PRICES FUTURES PRICES (July 22, 1991)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jul 98.95 98.50 98.65 – 2.25 Sep 98.90 98.25 98.65 – 2.15 Dec 97.90 97.25 97.75 SILVER (in US cents per oz.) Jul …


Court battle looms over strategic Ellison claims

Discussions aimed at settling a legal dispute over three strategically situated gold claims located between LAC Minerals’ (TSE) Bousquet No. 1 and Doyon gold mines in northwestern Quebec got under way…



Montreal Exchange Bad news for Wrightbar

The week ended July 16 brought bad tidings for junior explorer Wrightbar Mines. Feeling the effects of a down market, St. Genevieve Resources has decided to drop its option on Wrightbar’s copper-zinc …


INSIDER TRADING Carnell profits from Ontex shares

Johan Carnell, secretary-treasurer at Ontex Resources (ASE), profited recently after exercising options on shares of the Toronto-based exploration company. According to the Ontario Securities Commissi…


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