News

Dr. Niyazi Kacira, appointed to the board succeeding J.M. Slack who resigned.

Dunfrazier Gold Expl. (DFG: ASE) has extended the expiry date for its rights offering from May 17 to July 16.

Eastmaque Gold Mines Ltd. (EMG:VSE) shareholders can convert their preference shares at a ratio of 1.2 common shares for each preference share at any time over a 30-day period during 1990 yet to be de…

Contrary to what was reported (T.N.M., July 2/90), Geddes Resources (TSE) is proposing to construct a 104-km road to link its Windy Craggy project to the Haines Highway which then leads south to Haine…

Martin Reynolds, vice-president and director of Nesbitt Thomson Deacon Inc. re-elected to the position of chairman of the board of directors for the 1990/91 fiscal year.

MVP BGR Central Capital Net value $10.88 $5.52 $0.34 Price $9.375 $5.500 $0.20 Discount %13.83% %0.4% 41.2% Value $64,786,475.29 $92,533,650 N/A…

James Kermeen and Gary Drummond appointed to the board of directors; Raymond Maret resigned from the board.

Michael Emery appointed assistant to the vice-president, smelting and refining.

Melinga Resources (VSE) is based in Vancouver and in London, England. A previous story (T.N.M., July 2/90) had the company situated elsewhere.

Allan Moran elected as vice-president of the company and manager of U.S. Exploration.

Deep underground exploration is continuing on the Manitouwadge area property of Hucamp Mines (COATS). The work is part of an ongoing program being carried out by Noranda Inc. (TSE); more than $3 milli…

The test mining phase of a $4.6-million program designed to determine the viability of the Cochenour-Willans gold mine property near Red Lake, Ont., got under way recently. Inco Gold, a unit of Inco (…