Exploration firm keeping active in the Yukon
Despite an uncertain outlook for the Yukon exploration industry this season, Archer Cathro and Associates (1981) Ltd. expects to keep busy. The firm, with offices in Vancouver and Whitehorse, accounte…
News
New debentures for Stratmin
An affiliate of the French company Imetal SA, Mircal Mineral (Canada), will subscribe to $5-million worth of convertible debentures in Stratmin Graphite, the debentures bearing 6.5% interest payable y…
Inco debentures
A US$150-million issue of Inco’s (TSE) 25-year debentures, which are being sold in the U.S., will carry an interest coupon of 7.75% per year. The debentures are convertible into common shares of Inco …
People Pierce Mountain Resources
L. George appointed a director succeeding Jordan Ethans who resigned.
People Fircrest Resources
Donald Rackemann appointed president and director; Hans Banziger appointed vice-president, director and chief financial officer; David Valp appointed secretary and director; Henry Schwang and Alex Bri…
People Boise Creek Resources
Rand Buhler appointed a director.
People Florin Resources
Philip Speyer appointed president succeeding Logan Anderson who resigned; William Timmins appointed director succeeding Harold Moll who resigned.
NEWS IN BRIEF Marshall Minerals
Marshall Minerals (ASE) reported completing the acquisition of the 45% interest in the Sangold property at Foleyet, Ont., it did not already own. Marshall issued 748,886 shares at $1.05 per share (for…
NEWS IN BRIEF South American Goldfields
South American Goldfields (TSE) recently raised $460,000 through a private placement involving 575,000 shares at 80 cents per share. Proposed was the sale of up to one million shares. The company said…
Correction (March 25, 1991)
The Mt. Hundere zinc-lead-silver project of Curragh Resources (TSE) and Hillsborough Resources (TSE) in the Yukon is expected to be in full production by July of this year. Incorrect information appea…
Base metal, diamond plays boost Saskatchewan while gold falls
Exploration and pre-development expenditures in Saskatchewan are estimated at $45 million for 1991 compared with $57 million in 1990, and $105 million in the recent peak year of 1988. While base metal…
Teck options NEBEX prospect
Vancouver-based Teck (TSE) has signed an option agreement with NEBEX Resources (ASE) to earn a 51% stake in NEBEX’s 7,200-acre Brunswick Extension base metal property near Bathurst, N.B. Situated two …