Inlet drilling Chibougamau bet
A 6,000-ft. diamond drilling program is under way on Inlet Resources’ (VSE) Grandroy mine project near Chibougamau in northern Quebec. Inlet said the first hole in the program will be drilled to a dep…
News
Ontario implicates officers in Matachewan spill
Responsibility for a spill that released tonnes of mine tailings into the Montreal River last October rests not only with the companies involved, but also with their chief officers, according to recen…
IOCC GOLD OPTIONS (January 21, 1991)
Options Open Series Volume Last Interest Feb. 390 C 641 20.70 1,772 Feb. 400 C 1,133 16.50 2,383 Feb. 410 C 968 11.50 2,058 Feb. 420 C 1,197 8.00 2,769 Feb. 430 C 505 4.50 878 Feb. 450 C 598 3.20 1,39…
U.S.REPORT Battle Mountain ups reserves at Crown Jewel
The ongoing drilling program at the Crown Jewel property in northeastern Washington has increased reserves to 1.2 million contained oz. gold from the previously reported 830,000 oz. Battle Mountain Go…
Gold Hawk funding
Montreal-based Consolidated Gold Hawk Resources (ASE) reports that CGH (1990) Mineral Exploration Partnership has raised $243,000 in a recent flow-through financing for which the partnership will rece…
MSV gets $1.7m grant to fund Eastmain road
The remote Eastmain gold deposit in northern Quebec has moved one step closer to production following an announcement that the provincial government will provide financial assistance for a winter acce…
NEWS IN BRIEF Blackjack Resources Inc.
Blackjack Resources Inc. (COATS), Avip Resources Inc. (unlisted) and Macree Resources Inc. (unlisted) have amalgamated to form Manor Resources Inc. (COATS). Shares in Blackjack Res. Inc. were exchange…
Trenching find at Lookout bet
Partners Goldpac Investments (VSE) and White Knight Resources (VSE) reported results from a recent trenching and sampling program on their Lookout property near Cranbrook, B.C. The partners said a soi…
LETTER TO THE EDITOR In defense of Environmental Bill
The Northern Miner recently published an article by George Miller, president of the Mining Association of Canada, entitled “Environmental `Bill of Rights’ — a dangerous precedent” (Nov. 26/90). In it…
Toronto Stock Exchange Indices (January 21, 1991)
Jan.15 Jan.14 Jan. 11 Jan.10 Jan. 9 HIGH LOW Composite “300” 3161.95 3167.58 3183.59 3196.82 3169.64 4009.47 3009.91 Metals & Minerals 2681.40 2691.03 2686.21 2694.71 2632.06 3453.06 2502.63 Integrate…
PROFILE John McOuat sells Canadian know-how worldwide
From Alaska to Sri Lanka and from Greenland to Bolivia there are projects with which Toronto- based consulting firm Watts, Griffis and McOuat (WGM) is involved. Recently it signed a contract with the …
U.S.REPORT AZCO advances Arizona copper deposit
The generally bullish outlook for copper has a privately-held junior aiming to develop an Arizona deposit which contains an estimated 168 million tons averaging 0.336% copper at a 0.2% cut-off grade. …