U.S. REPORT Rothschild Gold opens in Denver
Rothschild Gold, a wholly owned subsidiary of N M Rothschild & Sons, a U.K-based bank, has opened an office in Denver, Colo. The Denver operation, acting as a centre for all the Rothschild Group’s pre…
News
U.S. REPORT More encouraging results from Great Lakes’ copper
Drilling at Great Lakes Minerals’ 543-S copper deposit on the Keewenaw Peninsula in northern Michigan continues to confirm the continuity of previously outlined reserves. The latest results, from hole…
Big hole at Beatty-Hislop bet – 7 metres, 22 grams gold
Shares of Glimmer Resources (VSE) doubled in price to $1.50 after the company reported an impressive 7-metre intersection grading 22 grams gold per tonne (54.7 grams uncut) from a recent drill hole on…
Diamond drillers recommend payy raise
The eastern contractors of the Canadian Diamond Drilling Association, based in North Bay, Ont., have recommended a wage increase of 4.2% for its members’ employees, effective Jan. 1. The recommendatio…
Inco ups stake in Fort Knox oversees Shining Tree work
After lying low for almost three years, Fort Knox Gold Resources (TSE) has optioned two groups of claims in the Shining Tree area, near Cobalt, Ont. Inco (TSE), which recently increased its stake in F…
Acadia drops option on Bachelor Lake
Having spent about $1.9 million to explore the Bachelor Lake property at Desmaraisville, Que., Acadia Minerals (TSE) has decided to relinquish its option on the high-cost gold mine. Under an agreement…
Waddy enhances high-grade potential of Komis deposit
Additional drill results from the Komis gold deposit in northern Saskatchewan suggest that Waddy Lake Resources (TSE) has correctly interpreted the orientation of the mineralization. The company compl…
NEWS IN BRIEF (November 19, 1990)
Aston Resources Ltd. (ASU: VSE) has changed its registrar and transfer agent to Pacific Corporate Trust Co.
ERG buys backshares from Pamour
ERG Resources (TSE) has acquired 6.9 million of its own shares, representing a 62% interest, from Pamour (TSE). The two companies were involved in a gold tailings reclamation project at Timmins, Ont.,…
Noranda hits western limit at Lynne project
Having completed an additional 17 holes on the Lynne zinc property in Oneida Cty., Wis., Noranda (TSE) thinks it has found the western limit of the deposit. The latest results from the exploration pro…
Cominco earmarks $1.4 million on Normetal property
In a bid to discover new zinc orebodies in eastern Canada, Cominco (TSE) will spend nearly $1.4 million over the next year to probe the Normetal zinc-copper property of Exploration Miniere Normetal (M…
Nebex assay results
Assay results from reconnaissance prospecting and sampling on Nebex Resources’ (ASE) Mos claims in the Yellowknife area of the Northwest Territories have yielded values of 0.04-4.3 oz. gold per ton. T…