1991



Richmont shares (December 23, 1991)

Golden North Resource (TSE) of Vancouver said it recently acquired 1.36 million shares (11.5% interest) of Richmont Mines (TSE). Richmont is the operator, and 50% owner along with LAC Minerals (TSE), …


Mahogany ups reserves at Tuina copper project

A recent hole on International Mahogany’s (TSE) Tuina copper property in Chile encountered a 90-metre intercept grading 1.55% oxide copper in the San Martin open pit. The company says the most recent …


NO HEADLINE (December 09, 1991)

Giant Pacific purchasing Chutine’s Mexican project Giant Pacific Petroleum (VSE), controlled by Australian entrepreneur Chrisilios Kyriakou, has signed a deal with Chutine Resources (TSE) to acquire 1…


MacBride Lake returns zinc values

Drilling on the MacBride Lake property near Lynn Lake, Man., returned a number of zinc and copper intersections for Eastmin Resources (VSE) and Bellex Resources (VSE). Bellex is earning a 49% interest…


Curragh puts Westray coal mine up for sale

Raising money to build new mines in Canada can be a trying experience, especially in today’s tough market conditions. Lead-zinc producer Curragh Resources (TSE) recently cancelled a planned debenture …


Inco furnace fails

The furnace at Inco’s (TSE) Port Colborne refinery has failed and will be out of service until the end of the year. Normally, the refinery would produce about six million pounds of utility nickel per …


Minnova’s future lies in Northwest Territories

Awash with cash but short of ore reserves, Toronto-based Minnova (TSE) has agreed in principle to buy Falconbridge’s interests in three Northwest Territories copper-zinc properties for US$20 million. …


Great Western options War Eagle ground

Two properties owned by the Mexican subsidiary of War Eagle Mining (VSE) have been optioned by Great Western Gold (VSE). The ground adjoins War Eagle’s La Blanca property in Mexico. War Eagle’s share …


Courageous calls for amalgamation

Shareholders of American Chromium (ASE) and Courageous Exploration (ASE) will be asked to approve a merger at special meetings on Dec. 17. If the merger is approved, shareholders will receive one comm…


Cream Silver wins legal battle

The Supreme Court of British Columbia has ruled that Cream Silver Mines (VSE) is entitled to compensation for the loss of mineral claims “expropriated” by the provincial government in 1988. As of mid-…


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