Victoria directors
New directors have been named to the board of Victoria Graphite (COATS), which is exploring a graphite property near Portland, Ont. The current directors are Armin Klein, Bernard Shinder, J. J. Elkin …
1989
Sale of Nevada gold bet considered by United Mng
Strong gold mineralization has been encountered in a Carlin, Nev., property held by United Mining and Westmont Mining. According to United Mining President Timothy Collins, a number of intersections, …
Vancouver Stock Exchange Investors await market direction
With economic ambiguity still the order of the day, nervous investors have been staying on the sidelines since the Oct 13 market drop. But this week’s small rally in gold prices did generate a new flu…
Norther Quebec focus of 1990 CIM symposium
A symposium on 60 years of exploration in the polymetallic belt of northern Quebec will be held in Rouyn-Noranda, Que., May 28- June 1, 1990. It is sponsored by the geology division of the Canadian In…
Stewart Lake seeks funding to develop graphite property
Development and mill construction of the Kirkham flake graphite project of Stewart Lake Resources (TSE) could be under way by mid-1990 and the mine in production by the end of that year. Annual output…
El Recio results encourage Greenstone
An underground exploration drift on Greenstone Resources’ (TSE) El Recio property in Costa Rica has yielded encouraging results in one of several veins being explored by the Toronto-based junior compa…
Eskay Creek upstages Iskut River gold camp
The Iskut River gold camp in northwestern British Columbia was upstaged late in the 1989 exploration season by the Unuk River camp about 25 miles away where Calpine Resources (VSE) made a significant …
Letters to the Editor Already in place
Your editorial of Oct 9 argues persuasively that tax legislation should be amended to ensure equitable treatment of mine reclamation costs. You may be interested to know that legislation passed in Bri…
Vassan shares
Junior Ressources Vassan (ME) is proposing a restructuring of its share capital and a name change to Ressources Savanor. The proposed conversion ratio is 10 existing shares for one new share. The comp…
Montreal Exchange Hot Freewest results
Exploration news from the Harker-Holloway gold area of northeastern Ontario sparked heavy trading in the shares of Freewest Resources, a junior involved there in a joint venture with Noranda Inc. (and…
LAC to gain from BIG’s exploration potential
Promising exploration potential is one major asset Bond International Gold (TSE) will have to offer its new controlling shareholder LAC Minerals (TSE) of Toronto. According to broker Shearson Lehman H…
Placer Dome options Dufresnoy property
A letter of intent has been signed between Dufresnoy Inc. (ME) and Placer Dome (TSE) whereby the latter may earn a 50% interest in the former’s New Bidlamaque Union Mining property just east of Val d’…