Ican forecasts 200 million tons at Racey
Calgary-based Ican Minerals (TSE) continues to intersect strong widths of low-grade gold mineralization on the Racey property in Oregon, the company says. Although Ican is awaiting check fire assays, …
News
Minnesota drilling by Int’l. Platinum
A new drill hole to a depth of about 1,360 ft. has been completed on the Birch Lake platinum group metal property in Minnesota, International Platinum (TSE) reports. The drilling took place north of B…
People DICKENSON MINES AND WHARF RESOURCES (December 17, 1990)
Robert McEwen appointed president of these companies succeeding David Libby who resigned; John Cook appointed both companies’ vice- president of operations.
Davidson purchase
An agreement to purchase the shares of private Ontario company Aurora Steel Services for $2.17 million has been concluded by Davidson Tisdale Mines (TSE), the mining company reports. Aurora manufactur…
Chutine options Mexican properties
Options on two gold properties, Amelia Mine and Amelia 7, in Sonora, Mexico, near Magdalena, have been acquired by Chutine Resources (VSE) through a Mexican subsidiary. The company says both propertie…
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 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 …