News

Rush is on for Eagle River feasibility

A long-awaited feasibility study on the Eagle River gold deposit near Mishibishu Lake, Ont., should be ready by the end of the month, says Richard Nemis, president of Central Crude (TSE). The study wi…


Toronto Stock Exchange Indices (January 28, 1991)

Jan. 22 Jan. 21 Jan. 18 Jan. 17 Jan. 16 HIGH LOW Composite “300”3196.75 3205.20 3210.46 3201.64 3164.49 4009.47 3009.91 Metals & Minerals2746.81 2790.31 2789.88 2757.13 2689.59 3453.06 2502.63 Integra…


Base metal assays revive Queenston

One of five recent holes drilled by Queenston Mining (TSE) and Strike Minerals (COATS) on their 127-claim Robertson Twp. property has intersected 14.3 ft. grading 0.93% copper and 5.17% zinc. The clai…


Dome recovering from bitter strike

Production levels are slowly getting back to normal at the Placer Dome (TSE) Dome gold mine here. The 82-year-old producer is bouncing back from a bitter 5-month strike by the United Steelworkers of A…



Swedish exploration

Giant Swedish mining firm Boliden Minerals reported it plans to spend about $50 million during the next 4-6 years on grassroots exploration in the Skellefte area of Sweden. Boliden, part of the Trelle…


NEWS IN BRIEF Millstream placement

Millstream Mines (COATS) has completed a private placement of 909,198 common shares at 20 cents per share. The company says proceeds of $181,839 will be used to pay off outstanding debts.


CHARTER MINERALS

Brian Fairbank, Arthur Radtke, Marjorie Easley and Reginald Faulkner elected to the board.


USMX, INC.

James Knox, Gregory Pusey and John Willson appointed to an interim executive committee of the board of directors; Keith Hulley resigned as president and director.




Tundra Gold plans to restructure

Management of Tundra Gold Mines (VSE) is considering a share capital restructuring designed to attract new investors. Still active in Quebec and Ontario, the Vancouver company is also planning to chan…


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