Kingswood ties up base metal claims
Bullish about the prospects for new base metal deposits in the Matagami area, Kingswood Explorations (TSE) has acquired an additional 315 claims in Aloigny, La Gauchetierre and Daniel twps., Que. The …
News
Lik zinc prospect in Alaska key part of Moneta’s plans
Junior Moneta Porcupine Mines (TSE) is starting 1991 with the acquisition of the Lik zinc deposit in northwestern Alaska and full financing of all its major Timmins-based exploration projects through …
People Pierce Mountain Resources
L. George appointed a director succeeding Jordan Ethans who resigned.
People Fircrest Resources
Donald Rackemann appointed president and director; Hans Banziger appointed vice-president, director and chief financial officer; David Valp appointed secretary and director; Henry Schwang and Alex Bri…
IOCC GOLD OPTIONS (March 25, 1991)
Options Open Series Volume Last Interest May 370 C 5 7.00 20 May 390 C 5 2.70 80 Aug. 370 C 2 17.00 5 Aug. 380 C 12 9.50 90 The New York closing gold price was $364.40 per oz. Last quotations for gold…
TORONTO STOCK EXCHANGE INDICES (March 25, 1991)
Mar. 19 Mar. 18 Mar. 15 Mar 14 Mar. 13 HIGH LOW Composite”300″ 3495.45 3514.99 3517.24 3530.10 3550.70 4009.47 3009.91 Metals & Minerals3153.17 3197.86 3232.29 3246.26 3262.03 3453.06 2502.63 Integrat…
Correction (March 25, 1991)
The Mt. Hundere zinc-lead-silver project of Curragh Resources (TSE) and Hillsborough Resources (TSE) in the Yukon is expected to be in full production by July of this year. Incorrect information appea…
Kalahari starts program on South Dakota project
Vancouver-based Kalahari Resources (VSE) says exploration has commenced at its Keystone gold project in Pennington Cty., S.D. Prospecting Geophysics, a company controlled by consultant Peter Ferdeber,…
U.S. REPORT Sonora writes down Jamestown mine stake
Toronto-based gold miner Sonora Gold (TSE) was forced to break out the red ink again in 1990 after declaring a $17.4-million writedown on its investment in the Jamestown mine in California. Sorona, wh…
Asarco plans more drilling for Taseko
A 12,500-ft. drill program is scheduled to begin in late May on Westpine Metals’ (VSE) Taseko copper-gold property, 140 miles north of Vancouver, B.C. The property is reported to contain preliminary r…
People Triune Resources
Cindy Stevens appointed a director.
U.S. REPORT Low silver prices bring Callahan loss
Low silver prices are continuing to hurt Callahan Mining (TSE), with both its Galena and Coeur mines in Idaho operating at a loss. The company reported a loss of US$2.5 million for the year ended Dec….