Alaskan fair
Keynote luncheon speakers at the 1991 Alaska Miners Association Annual Convention and Trade Fair scheduled for Nov. 4-8 at Anchorage, Alaska, will be Willie Hensley and John Rense of the NANA Regional…
News
Varitech uncovers enriched zone
Recent drilling on the Big Onion property near Smithers, B.C., intersected a near-surface enriched copper zone, Varitech Resources (VSE) reported. The company said holes BO-91-1 to 4 of the 1991 phase…
Deak, Kennecott team up on exploration near Kerr mine
Deak Resources (TSE) and Kennecott Canada, a unit of Utah-based Kennecott Corp., are teaming up to explore areas of mutual interest to the east of Deak’s Kerr gold mine near Kirkland Lake, Ont. The co…
Newcoast to receive revenue from Gibraltar copper mine
The phase-III expansion of the East pit at the Gibraltar mine near McLeese Lake, B.C., will begin to generate revenue later this year for Newcoast Silver Mines (VSE). Newcoast owns a 30% net profits i…
Matachewan spill proving costly
Matachewan Consolidated Mines (TSE) is preparing to defend itself against a recent government order to clean up tailings material that spilled into the Montreal River in October, 1990. To pay for the …
Greenstone, Boliden expect to open gold mine in Panama in early
Less than a year after bringing its Oronorte property in Columbia into production, Greenstone Resources (TSE) is getting ready to hatch a second Latin American gold mine. At a capital cost of US$17.6 …
Sask. preference for northerners
A human resource development agreement has been signed by the Saskatchewan government’s education ministry and Minatco under which the latter will hire, train and promote “northerners” at its mining o…
GOLD FUNDS (September 16, 1991)
BGR Central Net Value $8.41 $4.85 Price $7.38 $4.350 Discount 12.28% 10.3% Value $50,059,635 $73,185,705…
FINANCING (September 16, 1991)
Wiscan Resources Inc – 2,500,000 units consisting of 1 sh and 1 Series C wt offered @ 30 cents per unit.
Audrey, Minnova reach agreement on Mobrun
Having reached a new agreement, Audrey Resources (TSE) and partner Minnova (TSE) are set to commence further exploration and development work at the Mobrun polymetallic mine near Rouyn-Noranda, Que. S…
Newhawk reports results from drilling at Sulphurets
More assay results were released by Newhawk Gold Mines (TSE) from a recent surface drill program aimed at testing a number of bulk-tonnage targets on the Sulphurets property north of Stewart, B.C. The…
EDITORIAL PAGE (September 16, 1991)
This country can’t afford the labor dispute its army of public servants have thrust upon it, the largest strike in our history. But even less can it afford to do other than support the government’s ef…