1990

Montreal Exchange Orex, Onitap settle

An out-of-court settlement with TSE-listed Onitap Resources helped Exploration Orex to become one of the week’s top traders with more than 500,000 shares changing hands. Orex, which jumped 6 cents to …




Minnova, Aurlot drop Janus metal prospect

Following disappointing results from the Janus exploration project in Oregon, Minnova (TSE) and Aurlot Explorations (COATS) have abandoned the polymetallic prospect. Aurlot, which held the right to ea…


Ican forecasts 200 million tons at Racey

Calgary-based Ican Minerals (TSE) continues to intersect strong widths of low-grade gold mineralization on the Racey property in Oregon, the company says. Although Ican is awaiting check fire assays, …


U.S. REPORT Noranda to explore Blue Dog

Ongoing exploration of the Blue Dog gold project near Weiser, Idaho, is to be managed by a unit of Noranda (TSE) under the terms of a recent agreement-in-principle with Gold Canyon Resources (VSE). Sh…


LETTERS TO THE EDITOR Continental drift

I was delighted to see your coverage (Dec. 3/90) of a new contract for Watts, Griffis & McOuat in the Republic of Yemen. Despite certain geologic connections, you should be aware that Yemen is not in …


James ready to cut costs in order to save Denison

Just two months short of his 62nd birthday, former Falconbridge Ltd. chairman Bill James has taken on what could be the biggest challenge of his career. After accepting an invitation to 0000,0509 beco…



Followup drilling for Rock and Roll bet

Partners Eurus Resource (VSE) and Thios Resources (VSE) are planning a second phase of drilling on their promising Rock & Roll massive sulphide prospect in the Iskut River camp of northwestern British…


Toronto Stock Exchange Indices (December 24, 1990)

Dec. 18 Dec. 17 Dec. 14 Dec. 13 Dec. 12 HIGH LOW Composite “300” 3236.89 3232.97 3244.22 3252.56 3252.54 4009.47 3009.91 Metals & Minerals 2756.20 2758.70 2783.70 2782.90 2803.41 3453.06 2502.63 Integ…


Eastmaque and major shareholder at odds

An apparent falling out over the conversion of its preferred shares into common shares has Eastmaque Gold Mines (TSE) at odds with its major shareholder, VenturesTrident. VenturesTrident filed a lawsu…


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