Aber options Anki base metal bet
Calgary-based Westfort Petroleums (TSE) has agreed to finance exploration on Aber Resources’ (TSE) Anki nickel-copper property in the Northwest Territories. Under an option agreement, Westport can ear…
News
NEWS IN BRIEF Six holes drilled on SIB claims
Assay results are expected shortly from six holes drilled on the SIB claims owned equally by Silver Butte Resources (VSE) and American Fibre (VSE). The partners report that five of the six holes inter…
U.S. REPORT Rosebud returns more high grade for LAC, Equinox
Ongoing drilling by a unit of LAC Minerals (TSE) on the Rosebud property in Nevada is continuing to encounter high-grade gold mineralization in both the Dozer Hill zone and the East zone. The Rosebud …
Toronto Stock Exchange LAC, Westmin advance on results from Nevada,
Activity during the week ended July 16 centred on Quebec’s Abitibi region where 20 analysts were treated to a tour of LAC Minerals’ (TSE) new Bousquet No. 2 gold mine. Among the most active issues thi…
PEOPLE THE GOLD INSTITUTE (July 22, 1991)
Robert Smith elected chairman.
St. Genevieve drops option on Wrightbar property
Exploration results compiled by St. Genevieve Resources (TSE) before it dropped its option on the Wrightbar Mines (ME) property are being examined by a consulting geologist contracted by Aur Resources…
PEOPLE CHARLEMAGNE RESOURCES
Philip Yee appointed director and corporate secretary succeeding Richard Novia who resigned; Qui Sung Poon appointed director.
U.S. REPORT NEWS IN BRIEF Golden Sitka to sell Chichagof mine
Based on a recent letter of intent agreement, a private Alaskan company was granted an exclusive option to buy the Chichagof property and associated mining inventory from current owner, Golden Sitka R…
Golden North, Thorco make deal to combine with Doelcam
Golden North Resources (TSE) and Thorco Resources (TSE) have signed a letter of intent to amalgamate with Doelcam Mining, a private Toronto company controlled by metallurgist Dennis McLeod. Should the…
Pulse drilling Barb project
A field crew and diamond drill has been mobilized to the Barb property, a lead-zinc-silver project, 160 km north of Watson Lake, Yukon. Pulse Resources (VSE), a company associated with Prime Equities …
NEWS IN BRIEF Homestake helps out subsidiary
Homestake Mining (NYSE) has contributed an additional $675,000 to its 82.8% owned subsidiary North American Metals (VSE). Homestake has also agreed to defer North American’s remaining 1991 gold delive…
Latest Paymaster results mixed
The latest underground drilling at the Paymaster gold project near Timmins, Ont., has returned mixed results for partners American Reserve Mining (ME) and Placer Dome (TSE). Hole 6035 hit a short mine…