News

Frank Power appointed director.

Pierre Gousseland elected director; Thomas Loucks elected executive vice-president.

Barry Fehlberg, Arthur Fisher and Lorraine Barker elected directors.

David Shaw appointed president and director; Kenneth Carter, Bruce Schmidt and Kenneth Shannon appointed directors.

Juan Mabanta appointed president; Heinrich Degemann appointed chairman of the board and Daniel Power appointed director.

Swannell Minerals Corp. – 2,250,000 shs offered @ 40 cents per sh. Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.

BGR Central Net Value $8.55 $5.08 Price $7.50 $4.85 Discount 12.26% 4.50% Value $50,888,000 $81,597,855…

Redwood Resources Inc. (RDW:VSE) has changed its name to Trooper Explorations Ltd. (TPP:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.

Contrary to what was reported in the July 20 issue of The Northern Miner, Royal Gold (NASDAQ) was never a minority partner in the Cortez joint venture currently exploring the Pipeline gold deposit in …

ALUMINUM: MW U.S. market US60.50-61.50 cents per lb. (Jul. 23, 1992). ANTIMONY: New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CA…

Royal Oak Mines (TSE) says it will buy all of the processing facitilies of ERG Resources from a secured creditor for $1.79 million. Royal Oak says it will not incur any liability for ERG’s past activi…

Following the recent completion of an infill drilling program on the Pend Oreille property in Washington state, operator Minnova (TSE) estimates probable reserves at about 3.8 million tons grading 10….