NEWS IN BRIEF Takla Star Resources
This season, Takla Star Resources (ASE) plans to concentrate its efforts on the AOK property near the Mt. Milligan deposit in north-central British Columbia.
News
Goldnev issues shares for debt
Two recent agreements allowed Goldnev Resources (VSE) to settle debt by issuing shares and thereby eliminate its short-term debt. Goldnev issued Prime Equities (VSE) 477,942 shares in return for the …
Telbel, Agnico mines aging but LaRonde responding well
Two “good news” features manifesting themselves at the recent annual meeting of Agnico-Eagle Mines (TSE) should have a positive impact on the current year’s performance. The first was that Paul Penna…
EDITORIAL PAGE Tax Freedom Day
It might be because the GST comes up every time a cash register rings, but it seems the average Canadian’s tax burden has grown substantially over the past year. In fact, according to the Vancouver-ba…
FINANCING (July 01, 1991)
Bordeaux Resources Inc. – 900,000 units consisting of 1 sh and 2 wts offered @ 40 cents per unit.
Noranda earning interest in Norite
Exploration funding for the Norite property owned by Consolidated Pine Channel Gold (VSE) has been arranged through a unit of Noranda (TSE). Pine Channel signed a letter of intent giving Noranda the r…
Kennecott in Mexican venture
Based on a recent letter of intent, Kalahari Resources (VSE) and a unit of Kennecott plan to form a joint venture to explore the La Parranda group of mining concessions in the state of Chihuahua, Mexi…
Chase gearing up to develop Taysan
By the end of 1993, Chase Resources (VSE) hopes to have a bankable feasibility study in hand for its Taysan copper-gold project in the Philippines. The company plans to start the first phase of a dev…
Swannell options eight properties
A $400,000 program is being planned by Swannell Minerals (VSE) for eight British Columbia properties considered prospective for porphyry copper-gold mineralization. The properties total 50,635 acres a…
Omega sues Ecstall
A legal dispute between Omega Gold (VSE) and Ecstall Mining (VSE) is threatening to stall work programs planned for a number of mineral properties in northwestern British Columbia. Omega initiated the…
Blende returns wide intersection for Billiton, NDU
The first hole of this year’s drilling program on the Blende property in the Yukon returned an 87-metre intersection grading 1.6% lead, 2.6% zinc and 17.2 grams silver per tonne. The drilling is part…
American Bullion (July 01, 1991)
A private placement of 200,000 units at 50 cents each with United Mineral Services will net American Bullion Minerals (VSE) $100,000. United is a private firm wholly owned by Robert Dickinson. The uni…