1990

U.S. REPORT Koval farms out Montana prospect

Vancouver-based Barkhor Resources (VSE) will have the option to earn an interest in the Uncle Sam prospect near Sheridan, Mont., following an agreement with Calgary- based Koval Resources (ASE). By sp…


Rochester deals South Mercur

Several months after acquiring the South Mercur gold property from Dominion Mining and Ennex International, Rochester Minerals (VSE) has negotiated an agreement with Kennecott Corp. The deal gives Ken…


Minnova, Kerr hit by Lac Shortt writedown

A $10 million writedown on the carrying value of the Lac Shortt gold mine in northwestern Quebec resulted in a $589,000 third-quarter loss for Kerr Addison Mines (TSE) compared with earnings of $5.6 m…





Asamera gears up to increase work on Meliadine find

With assay results now in from a 14-hole drill program, Asamera Minerals (TSE) is busy planning an expanded 1991 exploration program for its new gold discovery near Rankin Inlet in the Northwest Terri…


Seven Mile High rejects Hamelin offer

Shareholders of Seven Mile High Group (VSE) rejected an unusual offer by former president Maurice Hamelin to drop his $1.3 million lawsuit against the company on the condition they elect a board of di…


NEWS IN BRIEF (November 05, 1990)

An information forum on professional registration of geoscientists will be held this month in three Ontario cities: Sudbury (Nov. 14, 8 p.m.), Timmins (Nov. 15, 7 p.m.) and Ottawa (Nov. 16, 1 p.m.). T…


Ramrod drilling Spanish property

A drilling program is under way on the Marta gold-silver property owned by Consolidated Ramrod (VSE) in northwestern Spain. The program is testing a gold-bearing quartz vein system known as Las Llagas…


Experts to give advice on Bill 208

Many of the provisions in Bill 208, Ontario’s new occupational health and safety law, will come into effect Jan. 1, 1991. Advisers from the government and the province’s top employers will give guidan…


Steel consumption expected to decline

Despite eventual possible economic fallout from rising oil prices, 1990 is likely to be a peak year for steel consumption in the Western World, said the secretary general of the International Iron and…


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