METAL PRICES PRODUCER PRICES (January 28, 1991)
ALUMINUM: MW U.S. Market US70.00- 71.50 cents per lb. (Jan. 10, 1991). ANTIMONY: New York dealer US78-80 cents per lb. (Nov. 29, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). C…
News
NovaGold to drill Sears Lake property
An 800-metre drilling program is scheduled to get under way at the Sears Lake property in north- central New Brunswick this month. Geophysical surveys have outlined several anomalies similar to those …
Golden Marlin plans work on Hope claims
A winter exploration program on the Hope group of claims near Yellowknife, N.W.T., will allow Golden Marlin Resources (VSE) to earn a 50% interest in the property from Rayrock Yellowknife Resources (T…
Metalore files Brookbank appeal
Metalore Resources (TSE) has appealed to the Court of Appeal for Ontario in its bid to regain control of the Brookbank gold property which was awarded to Ontex Resources (ASE) following a trial last y…
U.S. REPORT Homestake, Goldstake prepare application
The two partners in the Whitewood Creek tailings reclamation project in South Dakota are preparing their application for a state mining permit. Homestake Mining (NYSE) and Goldstake Explorations (TSE)…
CHARTER MINERALS
Brian Fairbank, Arthur Radtke, Marjorie Easley and Reginald Faulkner elected to the board.
Hounded by shortsellers, Chase offers legal opinions to dispel
Recent trading activity in Chase Resources (VSE) suggests shortsellers have been betting the company will fall from grace over its promotion of a copper-gold property in the Philippines. Late last yea…
Tintana options Timmins gold bet
Toronto-based Tintana Mines (TSE) has signed an agreement with the G.S.W. Bruce grubstake to acquire a 100% interest in 77 gold claims owned by the latter in English and Zavitz twps., near Timmins, On…
U.S. REPORT Kennecott gets OK for Wisconsin mine
The Flambeau copper deposit in Rusk Cty., Wis., has finally been granted the production go-ahead by Wisconsin’s Department of Natural Resources. Flambeau Mining, a unit of Kennecott, hopes to be shipp…
Belmoral moves in on Magino and Magnacon gold assets
Juniors Flanagan McAdam Resources (TSE) and Muscocho Explorations (TSE) may yet be saved from the jaws of bankruptcy by the Magnacon and Magino gold projects. Belmoral Mines (TSE), making progress on …
PEOPLE CORONET METALS (January 28, 1991)
Leslie Hart appointed chairman and director; Eva Kossuth appointed director.
Rush is on for Eagle River feasibility
A long-awaited feasibility study on the Eagle River gold deposit near Mishibishu Lake, Ont., should be ready by the end of the month, says Richard Nemis, president of Central Crude (TSE). The study wi…