1991


SB mine on track

The first batch of development ore from the SB gold property is being processed at Westmin Resources’ (TSE) Premier gold mill near Stewart, B.C. About 15,000 tons are expected to be processed during …


METAL PRICES FREE MARKET (July 15, 1991)

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 9 July 8 July 5 July 4 July 3 Copper 1385-1386 1392-13…


PROFILE Peter Bojtos expands RFC’s Pend Oreille

Situated in northeastern Washington State is the Pend Oreille property, whose Yellowhead zone recently yielded encouraging results. Halfway through the current drill program, RFC Resource Finance, 44%…


Correction (July 15, 1991)

Contrary to what was previously published (“Keeping Secrets,” T.N.M., June 10/91), Amada Mineral Corporation of Denver, Colo., is a private company.


Cross Lake

Looking for massive sulphide deposits, Cross Lake Minerals (VSE) has purchased 51 claims at Timmins, Ont., for $4,080 and 100,000 shares. The claims cover a rhyolite-basalt contact thought to be part …


First hole pulls good values from Spectrum project

The first hole of this season’s drilling program on the Spectrum property in northwestern British Columbia returned a number of good gold intersections. Hole 91-63 intersected 176 ft. (from 100 ft. t…


No acceptable bids for Lobo

No acceptable offers were received by Cominco Resources International (TSE) and its joint venture partner for the Lobo gold property in Chile. N.M. Rothschild & Sons solicited bids for the sale of th…



O&C sells assets, buys back shares

Planning to diversify its activities in North America, Osborne & Chappel Goldfields (TSE) has agreed to sell half of its 50% interest in the Los Lilenes SA group of Panama to its major shareholder, Od…


Unlisted Trading Horne moves on slag

Horne had been negotiating with a U.S. partner for a 50% interest in the project for which leaching, the company said, may be the preferred method for metal extraction. That partner, Horne said, has a…


Exploration in Nova Scotia turns to base metals

With new exploration models and technology, the major mining companies are positioning themselves to take an integrated approach to base metals exploration in Nova Scotia. Recent staking indicates ren…


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