News

EDITORIAL PAGE Quebec’s faint support is welcome

If Quebec had announced its 1991-92 budget a few weeks ago, it would have been damned as irresponsibly extravagant. Finance Minister Gerard Levesque would be pilloried for projecting a deficit this ye…


Placer options Dellaterra claims

A draft formal option and joint venture agreement was received by Dellaterra Resources (VSE) from major company, Placer Dome (TSE). Under the terms of the agreement, Placer will pay Dellaterra $50,000…


Sikaman completes Bogosu sale

Sale of its interest in the Bogosu gold project in Ghana, Africa, has been completed, Sikaman Gold Resources (TSE) said. The Toronto-based company also announced the sale of two other property interes…



Commodity index rises slightly (May 13, 1991)

Metals and minerals prices levelled off after dropping for months and the all-commodity price index of Scotiabank rose slightly in March after five straight monthly drops. Both the metals and minerals…






Westmin Myra Falls drilling hits massive sulphides

Recent drilling by Westmin Resources (TSE) at its Myra Falls operation near Campbell River, B.C., returned a massive sulphide intersection in a gap area between the Ridge and H-W zones. The Myra Falls…


GOLD FUNDS (May 13, 1991)

Gold funds as of May 7 BGR Central Net Value $8.67 $4.99 Price $7.50 $4.550 Discount 13.49% 8.8% Value $51,622,490 $76,55…


Unlisted Trading Willingdon drilling

News that Willingdon Resources will resume drilling at its Sioux Narrows property near Kenora, Ont., generated a flurry of trading activity. More than 1.2 million shares changed hands for the week end…


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