Oasis options VSM ground
Consolidated Oasis Resources (ME) has secured the right to earn a 50% interest in two gold properties in Verneuil Twp., Que., from VSM Exploration (TSE) and Serem Quebec. Oasis can earn the interest b…
News
LETTERS TO THE EDITOR — Proper term for strikebreakers
I am shocked by the article in your Sept. 28, 1992, issue. Your reference to those who cross the picket line as “scabs” is horrible. I am speechless. You should be ashamed of yourselves. Apparently, y…
GOLD FUNDS (November 02, 1992)
BGR Central Net Value $8.19 $5.14 Price $7.00 $4.90 Discount 14.55% 4.7% Value $47,847,000 $82,439,070…
NEWS IN BRIEF (November 02, 1992)
Maple Resource Corp. (MRZ:VSE) has changed its name to Birchwood Ventures Ltd. (BIR:VSE) with a consolidation of capital on a 1-new-for-4.4-old-share basis. The transfer agent is Montreal Trust.
U.S. REPORT — Texas Star drops Keystone
With the recent completion of an 8-hole drilling program on the Keystone project in South Dakota, Cyprus Minerals (NYSE) has opted to drop its option. Cypress could earn a 50% interest in the property…
Asbestos exposure risk exaggerated, studies suggest
Projected rates of asbestos-linked disease in the U.S. were grossly exaggerated, says the president of the Asbestos Institute of Montreal. Michel Gratton was responding to the publication of several s…
NEWS ROUNDUP — Minefinders options Carolina prospect
An option agreement to acquire a 100% leasehold interest in the Sawyer mine property in Randolph Cty., N.C., from Carolina Mines has been entered into by Minefinders (VSE). A multi-year schedule of pa…
Profit-taking at United Reef
Herman Becker-Fluegel and Michael Coulter, two officers of United Reef Petroleums (TSE), sold a large block of their holdings in the diamond explorer in September, according to the Ontario Securities …
Low nickel price can’t deter hopes of developing Raglan
Battling against a hostile environment, a remote location and ho-hum metal prices, Falconbridge is now viewing its 100% owned Raglan property in northern Quebec with fresh enthusiasm. A 4-year explora…
Exall promotes plans for Mexico
Former Chutine Resources (VSE) president Peter Holmes and Exall Resources (TSE) President Stephen Roman have joined forces to tackle projects in Mexico and Guyana. “I saw Stephen Roman at the PDAC (Pr…
LETTERS TO THE EDITOR — Ile Bizard open for exploration
We have received numerous phone calls after you published erraneous information about Ile Bizard, just outside of Montreal (T.N.M., Oct. 5/92). Please be advised that Quebec’s Ministry of Energy and R…
NEWS ROUNDUP — Viceroy boosts working capital
The exercise of warrants attached to a public offering in the summer of 1991 netted Viceroy Resource (TSE) more than $4.5 million and increased the company’s working capital to over $14 million. The c…