Goldpost claims
Eight claims, 320.5 acres in size, in the east-central part of Hislop Twp. in northeastern Ontario, have been sold by Holcorp Gold Mines to Goldpost Resources (TSE) for $60,000. The claims are adjacen…
News
Belmoral sells stake in Canreos Minerals
In a private transaction, Belmoral Mines (TSE) will sell its 38% interest in Canreos Minerals (VSE) to Tor Jensen, president of Canreos. As part of the agreement, Belmoral will also write off a $45,00…
Vancouver Stock Exchange Seine River fares well
Both the Vancouver Stock Exchange’s Composite and Resource indexes fared poorly over the week ended July 10, falling 9.18 and 13.43 points respectively. The composite index ended at 789.90 while the r…
Shamrock completes bioleaching test at Arthur White mine
A demonstration test for the bioleaching process was recently completed at Dickenson Resources’ (TSE) Arthur White gold mine near Red Lake, Ont. Shamrock Resources (VSE) conducted the 2.5-month test t…
Exploration ongoing at Hucamp property
Deep underground exploration is continuing on the Manitouwadge area property of Hucamp Mines (COATS). The work is part of an ongoing program being carried out by Noranda Inc. (TSE); more than $3 milli…
Seven Mile High directors resign
A number of directors and officers of Seven Mile Group (VSE) have resigned pending a hearing before the British Columbia Securities Commission scheduled for July 6. Maurice Hamelin, former president, …
Trenching started at Mishibishu bet
Encouraging trench sampling results have been reported by Mishibishu Gold (VSE) from its Pukaskwa gold project about 110 km west of Wawa, Ont. The work was performed along a 4.2-km strike length of th…
People VANCOUVER STOCK EXCHANGE
Martin Reynolds, vice-president and director of Nesbitt Thomson Deacon Inc. re-elected to the position of chairman of the board of directors for the 1990/91 fiscal year.
People CRADLE MOUNTAIN CANADA LTD.
James Kermeen and Gary Drummond appointed to the board of directors; Raymond Maret resigned from the board.
People ASARCO (July 09, 1990)
Michael Emery appointed assistant to the vice-president, smelting and refining.
Nickel demand to exceed supply
A review of recent trends in the nickel market has led analysts at Richardson Greenshields to forecast a positive outlook for nickel prices over the next year. “There is no sign of an end to the curre…
United Coin gold production falls short of 24,159-oz. target
During the first six months of the year, gold production from the Golden Reward heap leach operation in the Black Hills gold camp of South Dakota amounted to about half of United Coin Mines’ (TSE) tar…