1990


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.


Trimin mulling offer for Hanson Lake

Billiton Resources, a unit of Royal Dutch/Shell Group of Companies, recently made an offer to buy the 32.9% interest in the Hanson Lake polymetallic deposit owned by Trimin Resources (TSE). The terms …


Cambior buying 50% stake in Sleeping Giant mine

As part of a growth plan designed to boost its Quebec gold production, cash-rich Cambior Inc (TSE) is picking up a 50% stake in the troubled Sleeping Giant mine of Aurizon Mines (TSE). The mine, which…


Correction Geddes Resources

Contrary to what was reported (T.N.M., July 2/90), Geddes Resources (TSE) is proposing to construct a 104-km road to link its Windy Craggy project to the Haines Highway which then leads south to Haine…



Asarco options Asquith property

A Canadian subsidiary of Asarco (NYSE) recently signed an option agreement to earn a 60% interest in 71 claims owned by Asquith Resources (COATS) in the Shining Tree area of northern Ontario. Asarco c…




More resignations at Cheni

Just months after Paul Girard resigned as president, Cheni Gold Mines (TSE) has announced the resignation of Malcolm Taschereau, chairman of the company’s board of directors and executive committee. E…


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