PEOPLE GLIDER DEVELOPMENTS (July 22, 1991)
Murray Pezim appointed chairman; Don Head appointed president; Atha MacKinnon-Andrew appointed vice-president; Chet Idziszek appointed director.
News
GOLD FUNDS (July 22, 1991)
BGR Central Net Value $9.52 $5.33 Price $8.63 $4.950 Discount 9.35% 7.1% Value $56,686,151 $83,280,285…
Black Swan states reserves for gold project in Australia
An updated reserve estimate was released by Black Swan Gold Mines (TSE) for its Whistler gold mine project in Western Australia. Proven and probable reserves available to the Whistler mill are now rep…
U.S. REPORT Rosebud returns more high grade for LAC, Equinox
Ongoing drilling by a unit of LAC Minerals (TSE) on the Rosebud property in Nevada is continuing to encounter high-grade gold mineralization in both the Dozer Hill zone and the East zone. The Rosebud …
St. Genevieve drops option on Wrightbar property
Exploration results compiled by St. Genevieve Resources (TSE) before it dropped its option on the Wrightbar Mines (ME) property are being examined by a consulting geologist contracted by Aur Resources…
Toronto Stock Exchange LAC, Westmin advance on results from Nevada,
Activity during the week ended July 16 centred on Quebec’s Abitibi region where 20 analysts were treated to a tour of LAC Minerals’ (TSE) new Bousquet No. 2 gold mine. Among the most active issues thi…
IOCC GOLD OPTIONS (July 22, 1991)
The New York closing gold price was $368.60 per oz. Last quotations for gold options traded in Montreal and Vancouver as provided at the close of trading each Tuesday by the Montreal Exchange. Only th…
NEWS IN BRIEF Kennecott drops Washington Dome
A joint venture agreement between a unit of Kennecott and High Frontier Resources (VSE) was terminated by the major company because of disappointing drill results at High Frontier’s Washington Dome pr…
Exploration under way at Kirkton bet
A $750,000 exploration program is under way at Kirkton Resources’ (CDN) Shunsby base metal property, 130 km southwest of Timmins, Ont. Based on evaluation of more than 200 holes previously completed o…
Enforcement of mine reclamation regulations weakest in Sask., Que.
Mine operators and project lenders in Saskatchewan and Quebec are less liable for the cost of mine reclamation work than their counterparts in other provinces, says Normand Champigny, a senior consult…
Trillion reports Jena reserves
Referring to reserve calculations recently completed by Keewatin Engineering, Trillion Resources (ASE) says the Jena Mines gold property in central Zimbabwe will have a mine life of 11 years. Keewatin…
METAL PRICES FREE MARKET (July 22, 1991)
London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 16 July 15 July 12 July 11 July 10 Copper 1340-1342 1329-1330 1336-1338 1376-137…