Montreal Exchange Orex, Onitap settle
An out-of-court settlement with TSE-listed Onitap Resources helped Exploration Orex to become one of the week’s top traders with more than 500,000 shares changing hands. Orex, which jumped 6 cents to …
News
PEOPLE NERCO MINERALS (December 24, 1990)
Clynton Nauman appointed vice-president of operations; Jason McKenzie appointed general manager of the Con mine succeeding Clynton Nauman.
PEOPLE FALCONBRIDGE GOLD
David Comba appointed vice-president of exploration.
Bond awaits Red Mountain results
Check assay results are awaited by Bond International Gold (TSE) from a $2.3-million exploration program completed this year on its Red Mountain gold project in British Columbia. The 230,000-acre prop…
U.S. REPORT Amax renegotiates Coral Gold deal, ready to start work
With the signing of an amended agreement on the Robertson gold project, Amax Gold (NYSE) will return to the property to begin a 3-phase program. Amax halted work on the northern Nevada property earlie…
Minnova completes follow-up at Pick
A recent drilling program, designed to follow-up a zinc discovery made earlier this year at the Pick Lake project near Schreiber Ont.,hit the high-grade zinc mineralization in four of eight holes. The…
Grizzly Creek finds gold in Philippines
The first results from a 990-ft. drill program on Grizzly Creek Resources’ (VSE) Capas gold property in the Philippines indicate the presence of a low-grade gold zone lying just below the surface. Two…
Minnova, Aurlot drop Janus metal prospect
Following disappointing results from the Janus exploration project in Oregon, Minnova (TSE) and Aurlot Explorations (COATS) have abandoned the polymetallic prospect. Aurlot, which held the right to ea…
Total may sell Tundra gold stake
A 49% interest in the Tundra gold project in the Northwest Territories is one of many mineral projects being unofficially put on the block by the parent company of Total Energold (TSE). Total Resource…
Aranlee to acquire Australian company
Negotiations are in progress which could see Aranlee Resources (VSE) acquire a 100% interest in an Australian resource company owned by Burmin Exploration and Development. Burmin is an Irish company t…
Westmin reviewing viability of Premier
Persistent losses at the Premier Gold gold- silver mine near Stewart, B.C., have 60% owner Westmin Resources (TSE) reviewing the project’s future. The company is reviewing its ore reserves once again,…
Eurus backs out of Trimin bid
Both Eurus Resource (VSE) and Adrian Resources (VSE) have backed out of plans to acquire shares of Trimin Resources (TSE), a Vancouver- based junior which recently sold its stake in the Hanson Lake po…