Marshall ups stake in Eden Roc to 75%
Marshall Minerals (ASE) recently increased its stake in Eden Roc Minerals by exercising options to acquire an additional 5.92 million Eden Roc (TSE) common shares for an aggregate consideration of $1….
News
Corona looks at possibility of mining Nfld. gold bets
When it comes to putting gold deposits into production, five are sometimes better than one. At least that’s the theory that Corona (TSE) senior geologist John Thompson is working with as he attempts t…
Dia Met signs deal with Uranerz
A recent agreement with Dia Met Minerals (VSE) will allow Uranerz Exploration and Mining to participate in a diamond exploration program owned 100% by Dia Met within a specific but undisclosed area of…
Queenston and Strike cut four sulphide zones
The fifth hole of a 5-hole program at the Robertson base metal property near Matachewan, Ont., has intersected four zones of banded, disseminated to semi-massive sulphide mineralization, including a 1…
INSIDER TRADING (February 25, 1991)
Two of Glamis Gold’s (TSE) senior executives recently took the opportunity to cash in on the company’s success. According to the Ontario Securities Commission’s OSC Bulletin, James Billingsley, Glamis…
Montreal Exchange Hot Freewest find
Drilling of Freewest Resources’ Benoit Twp. property near Miquelon in northwestern Quebec continued to return wide widths, the company reported. For the week ended Feb. 19, shares of the junior rose t…
Ontario Hydro plans 60-cycle conversion
Ontario Hydro has requested approval from the Ontario government to begin converting to 60 cycle an older inefficient 25-cycle system serving a number of mining companies in northeastern Ontario. In t…
Falconbridge options California gold mine
A wholly owned subsidiary of Falconbridge Gold (TSE) recently paid American Gold Resources US$625,000 for an option to purchase a 50% interest in the Royal Mountain King mine in Calaveras Cty., Calif….
New exploration grants announced
The northern Ontario communities of Atikokan, Manitouwadge and the Beardmore-Geraldton-Longlac-Nakina area have been designated for assistance under the Ontario Mineral Incentives Program (OMIP), prov…
METAL PRICES FREE MARKET (February 25, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Feb 19 Feb 18 Feb 15 Feb 14 Feb 13 Copper 1285-1290 1262-1263 1240-1242 1224-1226 12…
Alberta Stock Exchange Golconda active (February 25, 1991)
During the report period ended Feb. 19, Goldconda Resources traded 530,100 shares to close up 24 cents at 45 cents. Earlier this month, the company acquired an option to earn a 100% interest in an Ore…
FUTURES PRICES (February 25, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 113.20 110.80 110.80 — 0.20 Mar 112.70 109.70 110.05 + 0.05 Apr 108.50 108.50 108.20 — 0.20 SILVER (in US c…