NEWS IN BRIEF Blackjack Resources Inc.
Blackjack Resources Inc. (COATS), Avip Resources Inc. (unlisted) and Macree Resources Inc. (unlisted) have amalgamated to form Manor Resources Inc. (COATS). Shares in Blackjack Res. Inc. were exchange…
News
Results of Teck’s deep exploration at Williams mine due in February
The results of a deep exploration program at the Williams gold mine at Hemlo, Ont., will be released sometime in February, says Mike Lepkewich, vice-president of mining for Teck (TSE). Equal partners …
Waddy Lake assays
Calgary-based Waddy Lake Resources (TSE) has released the final check-assay results from a 29-hole drill program completed last October on the company’s 100% owned Komis property in the La Ronge gold …
U.S. REPORT Atna to begin program on polymetallic bet in California
In the search for polymetallic massive sulphide deposits, Atna Resources (VSE) plans to begin an 8,000-ft. drilling program on three California properties located in the Foothills Belt of Calaveras Ct…
Eastmaque sets production record
A new quarterly production record was announced by Eastmaque Gold Mines (TSE) from its operations at Kirkland Lake, Ont., and from its 50% interest in the American Girl mining joint venture in Califor…
U.S.REPORT Madison adds adjacent claims to mine property
Madison Grant Resources (COATS) has reached an agreement to acquire 40 mining claims from the president of the company. Madison hopes the additional claims, which lie adjacent to Madison’s gold-silver…
TSE tries to curb buybacks
The Toronto Stock Exchange has asked companies not to announce stock buybacks if they do not intend to purchase any of their own shares. The request was made as part of an attempt by the TSE to reduce…
Gold Hawk funding
Montreal-based Consolidated Gold Hawk Resources (ASE) reports that CGH (1990) Mineral Exploration Partnership has raised $243,000 in a recent flow-through financing for which the partnership will rece…
Bakertalc, International Larder agree to amalgamate
Two companies active in the industrial minerals field, International Larder Minerals (TSE) and Bakertalc (TSE), have agreed to amalgamate. For Bakertalc, a talc producer, the amalgamation will provide…
GOLD FUNDS (January 14, 1991)
BGR Central Net value $9.71 $5.39 Price $8.13 $5.125 Discount 16.27% 4.9% Value $57,794,042 $86,224,538…
Card Lake, Teddy Bear in dispute over claims
A property dispute is heating up between Card Lake Resources (COATS) and Teddy Bear Valley Mines (COATS) over five patented claims situated east of the Lightning gold zone in northeastern Ontario. The…
Work completed at Springer bet
A program of prospecting, soil sampling and diamond drilling of five holes has been completed by 50/50 partners Springer Resources (VSE) and Noranda (TSE) on their Glenwood project in Newfoundland. Th…