PEOPLE CHARLEMAGNE RESOURCES
Philip Yee appointed director and corporate secretary succeeding Richard Novia who resigned; Qui Sung Poon appointed director.
News
U.S. REPORT NEWS IN BRIEF Golden Sitka to sell Chichagof mine
Based on a recent letter of intent agreement, a private Alaskan company was granted an exclusive option to buy the Chichagof property and associated mining inventory from current owner, Golden Sitka R…
Golden North, Thorco make deal to combine with Doelcam
Golden North Resources (TSE) and Thorco Resources (TSE) have signed a letter of intent to amalgamate with Doelcam Mining, a private Toronto company controlled by metallurgist Dennis McLeod. Should the…
Pulse drilling Barb project
A field crew and diamond drill has been mobilized to the Barb property, a lead-zinc-silver project, 160 km north of Watson Lake, Yukon. Pulse Resources (VSE), a company associated with Prime Equities …
NEWS IN BRIEF Homestake helps out subsidiary
Homestake Mining (NYSE) has contributed an additional $675,000 to its 82.8% owned subsidiary North American Metals (VSE). Homestake has also agreed to defer North American’s remaining 1991 gold delive…
Latest Paymaster results mixed
The latest underground drilling at the Paymaster gold project near Timmins, Ont., has returned mixed results for partners American Reserve Mining (ME) and Placer Dome (TSE). Hole 6035 hit a short mine…
PEOPLE ESKAY GOLD
Kevin Nephin appointed president and director; Kenneth Shannon and John Millette appointed directors.
PEOPLE MARLIN DEVELOPMENTS
Gordon Steene appointed president.
NEWS IN BRIEF Cameco offering closes successfully
An initial public offering by Cameco (TSE) has closed successfully, raising gross proceeds of $130 million for the uranium producer. About 60% of the 10.4-million share issue was bought by institution…
NEWS IN BRIEF Minorca extends downdip at Nicobi
Minorca Resources (VSE) has picked up the downdip extension of the A zone at the Nicobi Lake copper-nickel property in northern Quebec. Drilling 82 ft. north of hole 2, Minorca intersected strong mine…
FINANCING (July 22, 1991)
Southern Alberta Mining Company Ltd. — 2,000,000 shs offered @ 10 cents per sh. Tecnecon Gold Industries Inc. — 1,600,000 shs offered @ 10 cents per sh. Bradsue Resources Ltd. — 600,000 units consi…
Unlisted Trading Van Ollie busy
News about Van Ollie Explorations’ plan to further explore its McMurray Twp. gold property near Wawa, Ont., has spurred active trading in recent weeks. In a low-high range of 15-23 cents, 965,450 shar…