Lawsuit against Goldcorp dismissed
A legal action commenced in 1989 in the Massachusetts district court against Toronto-based Goldcorp Investments (TSE) was recently dismissed by the presiding judge for the case. A spokesman for Goldco…
News
Teck bows out of Platinova play
Vancouver-based Teck (TSE) has withdrawn from participation in the East Greenland gold-platinum project of Platinova Resources (TSE), the latter company reported. Toronto-based Platinova said an assay…
COATS (over-the-counter) Strike soars to 65 cents
Confirming a base metal find on their property near Matachewan, Ont., Strike Minerals soared to new highs for the week ended Jan. 22, gaining 20 cents to close at 65 cents on a volume of 509,700. Part…
Cominco discovers large copper-gold porphyry in Alaska
Just when it seemed junior companies were stealing the limelight in making discoveries, a unit of Cominco (TSE) announced it had discovered a porphyry-style copper-gold deposit at its Pebble Beach pro…
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…
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…