Onitap and Orex settle dispute
Juniors Onitap Resources (TSE) and Exploration Orex (ME) announced at presstime they have settled their legal dispute concerning the Goldboro gold property in Nova Scotia. Orex, which initiated the la…
News
NEWS IN BRIEF Toltec Resources
Toltec Resources (VSE) recently completed a private placement of 150,000 units at 80 cents per unit. Each unit consists of one share and one warrant exercisable at 80 cents during the first year and 9…
SME invites papers
The Society for Mining, Metallurgy and Exploration (SME) is inviting papers for its 1992 annual meeting, Feb. 24-27, in Phoenix, Ariz. A preliminary abstract of 100 words should be submitted to the ch…
People REYMONT GOLD MINES (December 17, 1990)
Michael Callahan, Angus Stewart and Stanley Ford appointed directors succeeding James Brown, Clive Brown and Ivan Christopher; Michael Callahan appointed president and Angus Stewart appointed secretar…
People UNITED COIN MINES LTD. (December 17, 1990)
David Libby resigned as a director. A successor to be announced.
GOLDFUNDS (December 17, 1990)
MVP BGR Central Capital Net value $9.38 $5.39 $0.26 Price $8.25 $4.850 $0.13 Discount 12.05% 10.0% 50.0% Value $55,826,331 $81,597,855 N/A…
Parlake options (December 17, 1990)
The shareholders of Parlake Resources (TSE) have approved a proposal to grant options to the president and one director of Parlake. Under the incentive program, the Parlake officers will hold options …
Newfoundland helps lobbyists with grants for prospecting
Newfoundland will introduce a program next spring designed to encourage people to prospect for gold. A 2-week prospecting course will be offered in May at a community college in Stephenville on the pr…
FINANCING (December 17, 1990)
Dundee Resources Corp. — 1,800,000 shs offered @ 17 cents per sh. Sundance Resources Ltd. — 2,000,000 shs offered @ 27 cents per sh. Mountain Beaver Resources Ltd. — 2,700,000 units consisting of 1…
BOOKS IN REVIEW Yellowknife founders tell their stories
The first volume of Yellowknife, N.W.T., an Illustrated History, published recently, is a project initiated by Susan Jackson to commemorate the city’s 50th anniversary celebrated in 1984. Although she…
Ivanhoe in control of S.A. Goldfields with private placement
The board of directors of South American Goldfields (TSE) has been strengthened following the recent completion of a private placement with Ivanhoe Capital Corp. .TControl of the junior gold explorer …
Grizzly Creek plans to boost interest in Philippines project
Vancouver-based Grizzly Creek Resources (VSE) says it will increase its interest in Golden Valley Explorations, owner of the Pinkian copper and gold property in the Philippines. Grizzly Creek has a 40…