Swift explores Eskay claims
Ron Netolitzky was recently named as technical adviser on Swift Minerals’ (VSE) properties in the Eskay Creek region of northwestern British Columbia. Swift can earn a 50% interest in four claim block…
News
Breakwater’s bitter legacy still haunts Corona
A fountain of red ink is still spewing from Breakwater Resources (TSE) following an ill-fated strategic plan to have the company become an integrated zinc producer. In the 1991 first half, Breakwater …
Gold Hawk options Ontario property
Consolidated Gold Hawk Resources (ASE) reports optioning a gold property in Rickaby Twp. in the Beardmore-Geraldton area of northwestern Ontario. Surface sampling has been encouraging; the company say…
Fate of syndicate formed in 1927 clouds Holloway ownership picture
Members of a 64-year-old syndicate are beginning to crawl out of the woodwork as the value of the Teddy Bear Valley Mines’ (CDN) 18-claim property near Matheson, Ont., becomes apparent. The Teddy Bear…
Shareholders give nod to Corona restructuring proposal
Shareholders of International Corona (TSE) voted overwhelmingly in favor of a controversial proposal to become a pure gold mining company by transferring its non-gold assets into a new public company,…
NWMA sponsors report competition
A new feature has been added to this year’s Northwest Mining Association annual convention and trade show to be held in Spokane, Wash., Dec. 1-6. The well-attended convention attracts participants fro…
NEWS ROUNDUP (October 14, 1991)
Because of supply disruptions and technical difficulties, zinc metal production at Noranda Minerals’ electrolytic reduction plant at Valleyfield, Que., is expected to be below its 230,000-tonne-per-ye…
TSE Short Positions (October 14, 1991)
Semi-monthly reports as of September 30, showed 21,525,116 shares of 590 issues compared with 22,743,881 shares of 607 issues on September 15. Larger individual positions included: Amax Gold 117,300, …
PEOPLE (October 14, 1991)
John Paterson appointed vice-president, operations and director.
LETTERS TO THE EDITOR (October 14, 1991)
After 25 years of reading your paper and being actively involved in the mining exploration industry, I think M.R. Brown’s column “Mining ranks behind native issues, clams, dragonflies” (T.N.M., Sept. …
Pacific Sentinel private placement
A recently arranged private placement of 100,000 units at $1.60 per unit brings the cash position of Pacific Sentinel Gold (VSE) to over $3 million. The units include a share plus one share purchase w…
Kaiser aims to end legal issues stalling Madeleine project
Patrick Sheridan’s much publicized bid to bring the Lac des Iles palladium-platinum project into commercial production single-handedly ended recently when he resigned as president and director of Made…