News

IOCC GOLD OPTIONS (October 08, 1990)

Options Open Series Volume Last Interest Nov. 400 C 324 11.00 2,113 Nov. 410 C 145 7.30 2,728 Nov. 420 C 366 5.50 3,123 Nov. 440 C 458 3.80 4,362 Nov. 460 C 449 1.50 2,457 Feb. 390 C 232 25.00 859 Feb…


Portfield changes name to Canmine

Portfield Industries (COATS) has changed its name to Canmine Resources (COATS) and expects to be trading under its new name and share structure immediately. Canmine has a portfolio of 10 precious and …


Curragh set to build Westray coal project

Curragh Resources (TSE) is set to start construction and development of the Westray coal project in Pictou County, N.S. The company says it has arranged financing through a $100-million loan from the …


Assays awaited from Tulsequah

The most recent hole completed on the Tulsequah Chief massive sulphide project in northwestern British Columbia is reported to have intersected 20 ft. of mineralization within a wide stratigraphic int…



Black Hawk offering to raise $3 million

Toronto-based Black Hawk Mining (TSE) recently filed a preliminary prospectus for a proposed rights offering designed to raise $3 million for a feasibility study on the company’s nickel- copper-cobalt…


Royal Scot starts drilling

A small drilling program totalling 2,500 ft. in six holes is under way at the Summit Lake property, owned by Royal Scot Resources. Located north of Stewart, B.C., Summit Lake is a former producer whic…


Gold Standard wins Mercur case round

Utah-based company Gold Standard (NASDAQ) recently won what it regards as a significant ruling in its attempt to win control of the Mercur mine from American Barrick Resources (TSE). The Utah Supreme …


News in brief (October 08, 1990)

The department of geology at the University of Toronto is hosting its 1990-91 department seminars from September to March. Among the speakers are Jim Franklin of the Geological Survey of Canada, Verno…


PEOPLE GOLDEN TRUMP RESOURCES

George Scott, Robert Barbero and Chet Idziszek appointed directors succeeding Arthur Clemiss and Leonard Clemiss who resigned.



INSIDER TRADING Horsham director sells voting stock

Although Ian Delaney was recently appointed chairman and chief executive officer of Sherritt Gordon (TSE), he retains a substantial voting interest on the board of Toronto-based Horsham (TSE). In addi…


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