FINANCING (July 01, 1991)
Bordeaux Resources Inc. – 900,000 units consisting of 1 sh and 2 wts offered @ 40 cents per unit.
News
Noranda earning interest in Norite
Exploration funding for the Norite property owned by Consolidated Pine Channel Gold (VSE) has been arranged through a unit of Noranda (TSE). Pine Channel signed a letter of intent giving Noranda the r…
Kennecott in Mexican venture
Based on a recent letter of intent, Kalahari Resources (VSE) and a unit of Kennecott plan to form a joint venture to explore the La Parranda group of mining concessions in the state of Chihuahua, Mexi…
Chase gearing up to develop Taysan
By the end of 1993, Chase Resources (VSE) hopes to have a bankable feasibility study in hand for its Taysan copper-gold project in the Philippines. The company plans to start the first phase of a dev…
Swannell options eight properties
A $400,000 program is being planned by Swannell Minerals (VSE) for eight British Columbia properties considered prospective for porphyry copper-gold mineralization. The properties total 50,635 acres a…
Omega sues Ecstall
A legal dispute between Omega Gold (VSE) and Ecstall Mining (VSE) is threatening to stall work programs planned for a number of mineral properties in northwestern British Columbia. Omega initiated the…
Blende returns wide intersection for Billiton, NDU
The first hole of this year’s drilling program on the Blende property in the Yukon returned an 87-metre intersection grading 1.6% lead, 2.6% zinc and 17.2 grams silver per tonne. The drilling is part…
American Bullion (July 01, 1991)
A private placement of 200,000 units at 50 cents each with United Mineral Services will net American Bullion Minerals (VSE) $100,000. United is a private firm wholly owned by Robert Dickinson. The uni…
Major firms big players on Newfoundland scene
Gold has lost its lustre for junior exploration companies on the Newfoundland mining scene, and base metals are rapidly becoming a play for only some of the bigger prospectors. About $12 million will…
Boliden closes Toronto office
Toronto-based Boliden Canada, a wholly owned subsidiary of Boliden International Mining, will cease operations July 31. All future North American exploration and administration will be conducted throu…
Marlin vested in Hope claims
With the recent completion of a 2-hole drilling program on the Hope claims, Golden Marlin (VSE) has earned a 50% interest from Rayrock Yellowknife Resources (TSE). The property is near Yellowknife, N…
PEOPLE GOLDEN NORTH RESOURCES (July 01, 1991)
Dennis McLeod appointed president and chief executive officer; John Harbinson, Dennis McLeod, Warren McLeod and Frederick Harvey appointed directors.