People MAJOR GENERAL RESOURCES
Richard Atkinson appointed director and chairman of the board.
News
NovaGold, Costigan hit base metals in virgin territory
Partners NovaGold Resources (TSE) and Costigan Gold (COATS) have made a base metal discovery on their Sewell Brook property, near Plaster Rock, N.B. All four holes on the previously undrilled property…
Toronto Stock Exchange Indices (October 29, 1990)
Oct. 23 Oct. 22 Oct. 19 Oct. 18 Oct. 17 HIGH LOW Composite “300”3123.02 3115.45 3086.64 3060.02 3023.38 4009.47 3009.91 Metals & Minerals2729.86 2747.52 2714.91 2650.29 2598.61 3453.06 2587.95 Integra…
PRODUCER PRICES (October 29, 1990)
ALUMINUM: MW U.S. Market US81.50- 85.50 cents per lb. (Oct. 18, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CA…
Waddy drilling gets good widths, at Saskatchewan gold deposit
Preliminary assays have been reported by Waddy Lake Resources (TSE) from the first 14 holes in a recently completed 29-hole drill program on the company’s Komis gold deposit in northern Saskatchewan. …
NEWS IN BRIEF (October 29, 1990)
Geologists from all over the globe will meet in Toronto, Ont., May 27-29, 1991. The conference, sponsored by the Geological Association of Canada and the Mineralogical Association of Canada, will incl…
Battle Mountain ups reserves in Bolivia
Exploration work by Battle Mountain Gold (TSE) on the company’s 51% owned Kori Kollo gold property in Bolivia has substantially increased minable reserves at the project. Kori Kollo is situated southe…
Noble, Borealis to terminate deal
Termination of a joint venture involving gold property southwest of Rankin Inlet, N.W.T., has been agreed to by Noble Peak Resources (ASE) and Borealis Exploration (ASE). Borealis will transfer to Nob…
INSIDER TRADING Kaiser has faith in Madeleine bet
Oklahoma oilman George Kaiser continues to show confidence in the prospects for Toronto-based Madeleine Mines (TSE). The chairman of Kaiser Francis Oil Co., who already owns more than 10% of Madeleine…
Books in review Surface Water Hydrology
Surface Water Hydrology, edited by M.G. Wolman and H.C. Riggs. Published by The Geological Society of America, 3300 Penrose Place, P.O. Box 9140, Boulder, Colo. 80301. 374 pages. $60 (hardcover). The …
Denison sell-off
Toronto-based Denison Mines (TSE) has put nearly 100 pieces of mobile mining equipment up for sale from its Elliot Lake uranium mine, following a downsizing of operations at the site earlier this year…
Aurochs explores copper-gold bet in Gaspe region
Montreal-based Aurochs Exploration (ME) is gearing up to explore two new gold and copper showings in the Matapedia Valley area of Quebec’s Gaspe region. The showings, discovered by a prospector, are s…