PEOPLE MODULE RESOURCES (December 31, 1990)
Edgar Fenwick appointed director and corporate secretary succeeding Nick Desjarlais who resigned.
News
GOLD FUNDS (December 31, 1990)
BGR Central Net value $9.48 $5.41 Price $8.50 $4.850 Discount 10.34% 10.4% Value $56,437,781 $81,597,855…
U.S. projects boost reserve estimates
A number of new mines opened in the southwestern U.S. during the past year. At the same time, a few exploration bets proved up to be substantial mineral deposits. For example, Crown Butte Resources (T…
Indians’ control of land will frustrate development
Is there any future for resource development in Ontario? The federal and Ontario governments, for example, have signed an interim agreement with northern Ontario Indians that gives tangible recognitio…
Horsham files notice to buy voting shares
Toronto-based Horsham (TSE) recently filed a normal course issuer bid with the Toronto and Montreal stock exchanges allowing it to purchase up to five million of the company’s subordinate voting share…
High Frontier moves into Bralorne camp
Early next year, High Frontier Resources (VSE) expects to begin exploring a 2,471-acre property held by Goldpac Investments (VSE) near the historic Bralorne gold mine in southern British Columbia. Hig…
Investment dealers to ask for changes in tax rules
A representative of Canada’s junior mining sector says he fully supports a recent request by the Canadian investment community for changes in the federal tax system. In a recent submission to the fede…
Silver suffers from investor apathy, weak industrial demand
Hit by a double blow of low investor appeal and weakening industrial demand, the silver price is struggling to regain momentum after plunging to 14-year lows earlier this month. Silver dipped below th…
People PACIFIC GOLD (December 31, 1990)
Dale Scholz appointed chairman of the board and director succeeding W. Danke who resigned; Terry Holland and Norm Tribe appointed directors succeeding G. Carlson and R. Handfield who resigned.
People CROWN RESOURCES
Christopher Herald appointed president.
People REYMONT GOLD MINES (December 31, 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…
Losses mount for Alta
Losses for Alta Gold (NASDAQ) continued for the third quarter ended Sept. 30. The company lost US$369,000 in the quarter, down from the US$1.3 million reported in the third quarter of 1989. The loss f…