Siderock drilling
Privately owned Siderock Gold is planning a 30-hole overburden drilling program this winter on its Joe 3 & 4 claim group situated about eight miles east of the former San Antonio gold mine in Manitoba…
News
NCA plans drilling at San Lazarus
A stepout drilling program is being planned by NCA Minerals (VSE) to follow up a recently completed initial drill program on its San Lazarus property in Santa Fe Cty., N.M. The company released result…
U.S. REPORT USMX hits second gold discovery on East Top property
Colorado- based USMX (NASDAQ) announced its second discovery of the year after completing a 32-hole drilling program at its East Top property in White Pine Cty., Nev. The drilling intersected a number…
EDITORIAL PAGE Retail investors
If the Ontario’s securities overseers are convinced that small investors are no longer wanted, they should go ahead with its plan to charge a flat rate of 50 cents for every trade made on The Toronto …
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…
PEOPLE WESTERN MINING CORP. HOLDINGS (AUSTRALIA)
Keith Hulley appointed executive general manager, operations.
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.