News


NEWS IN BRIEF Lectus Development Ltd.

Lectus Development Ltd. (LDV:VSE) has changed its name to Swannell Minerals Corp. (SNL:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Royal Trust Co.


Saskatchewan map

The 1990 edition of the Mineral Resource Map of Saskatchewan, listing among other items 165 deposits hosting a variety of minerals, is available from Saskatchewan Energy and Mines, Publications, 1914 …



Potash Corp. sees sales rise

Large potash producer Potash Corp. of Saskatchewan (TSE) is confident potash usage is on the rise for the offshore market. The Saskatoon, Sask.,-based company, whose output represents about 10% of w…


Ontario miners brace for new Act

Mine managers in Ontario, Canada’s largest mining province, will be exposed to stricter environmental regulations when amendments to the province’s mining act come into effect June 3, says a Toronto l…


Westfield reports profit

While Westfield Minerals (TSE) recently reported a small first-quarter profit, it is suffering the effects of a decision made in 1989 to sell its mining assets to Northgate Exploration (TSE). Since th…


Debentureholders pursue Skukum

A debentureholders meeting will be held here in early June to pursue a number of allegations involving Skukum Gold (VSE) during a period when it operated the Skukum Creek gold project 55 miles southwe…


Centurion pulls gold values

Additional results were released by Centurion Gold (NASDAQ) from recent drilling on its 100% owned Big Horn gold property in southern California. Hole 91-5 intersected 15.1 ft. grading 0.36 oz. gold w…


Geologists meeting

More than 1,000 geologists from around the world are expected to register at a joint meeting May 27-29 in Toronto of the Geological Association of Canada, the Mineralogical Association of Canada and t…



Rouyn reports quarterly output

Production of 3,450 oz. gold was reported by Rouyn Mining Resources (TSE) during the first quarter from its Francoeur mine project near Rouyn- Noranda, Que. Rouyn, the operator, and its 50-50 partner …


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