1991



NEWS IN BRIEF Placer ups stake in VSM

Placer Dome (TSE) has purchased another 1.4 million common shares of VSM Exploration (TSE) at a price of $1.07 per share. The acquisition increases Placer Dome’s interest in the junior from 50.7% to 5…


Alberta Stock Exchange New plays liven market

Investors greeted summer exploration plans with enthusiasm during the week ended June 18, driving up the share prices of Cochise Resources, Peter Island Resources and Northern Abitibi Mining. Gaining …



Program planned for Bonanza Dome

An exploration program is being planned by Freegold Recovery (VSE) for its Bonanza Dome gold project, 115 road miles northeast of Fairbanks, Alaska. The company said this year’s program will include …


Pezim group dominant in northwestern B.C. activity

The onset of summer means the start of exploration programs in northwestern British Columbia, and once again Murray Pezim’s stable of juniors appear to be the dominant group active in the region. A dr…




NEWS IN BRIEF St Andrew puts Stock mine on hold

Citing the need to cut costs, St Andrew Goldfields (TSE) will suspend underground mining operations at the Stock Township mine just west of Matheson, Ont., for two months. In the meantime, a total of …



Mining begins at Mystic

Profits of US$6 million are expected to be realized by Fischer-Watt Gold (NASDAQ) and a joint venture partner from their recently opened Mystic gold mine north of Phoenix, Ariz. During the next nine …


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