Spring, Cove get mixed results
Rumors of a 90-ft. intersection grading over one ounce gold per ton were laid to rest when Granges (TSE) and two junior partners announced the latest results from drilling on the Unuk River property i…
1991
Professor needs funds for review
Consolidated Professor Mines (TSE) says it will need additional funding to pay for future costs associated with an environmental review of its Duport gold project at Shoal Lake west of Kenora, Ont. Pr…
Alberta Stock Exchange (October 07, 1991)
Toronto-based Noble Peak Resources topped the most active list for the week ended Oct. 2 with a single block trade. The block, which represents the last of the company’s flow-through shares, was bough…
Sikaman proposes debt restructuring (October 07, 1991)
Sikaman Gold Resources (TSE) will seek approval from debenture holders at a meeting Nov. 15 to decrease the conversion price of its $6.1-million convertible debenture to 50 cents per share from $3.50 …
Cal Graphite units
Cal Graphite (VSE) plans to sell, subject to regulatory approval, a private placement of up to 330,000 units, each unit priced at $4 and consisting of one share and one warrant to purchase one-quarter…
Princeton seeks funds to pay McDame development costs
A prolonged strike at the Similco copper mine in southern British Columbia as well as continuing operating problems at the Cassiar underground asbestos mine in northern B.C. have forced Princeton Mini…
LETTERS TO THE EDITOR (October 07, 1991)
Gold has, over the centuries, been regarded as a protection in case of public and personal troubles. All governments keep a supply in their treasuries. Individuals were hiding some wherever they consi…
U.S REPORT
Recent drilling by Kennecott returned the best overall grade to date from the Lockwood polymetallic project near Everett, Wa. The major company can earn a 51% interest in the property from owners, Isl…
Battle Mountain executive highlights Lihir gold project
Political problems in Papua New Guinea should have no effect on the development of the Lihir gold project, said Joseph Mazur, Battle Mountain Gold’s (TSE) vice-president of administration and communic…
INSIDER TRADING (October 07, 1991)
The fluctuating price of Metalore Resources (TSE) shares recently presented director Christopher Brown with an opportunity to profit. According to Ontario Securities Commission’s OSC Bulletin, Brown b…
Falling prices can’t stop Sa Dena Hes opening
Despite continued losses from low base metal prices, Curragh Resources (TSE) and Hillsborough Resources (TSE) officially opened the Sa Dena Hes open pit and underground lead-zinc mine southeast of her…
Inco seeks pgm in Sept-Iles, Que.
Toronto-based Inco (TSE) has taken the town of Sept-Iles, Que., by surprise after con-firming reports that it is looking for platinum group metals in the area. Contractors acting on behalf of the big …