Information sought on Kerr’s Baker
I am looking for information concerning James Baker, who was chief geologist at the Kerr Addison gold mine at Virginiatown, Ont., from 1937 to 1960, because of his major contributions to the mining ge…
News
GOLD FUNDS (February 10, 1992)
BGR Central Net Value $8.23 $5.22 Price $7.75 $4.650 Discount 5.78% 10.9% Value $48,972,000 $78,232,995…
Ottawa moves on the environment
The federal government is acutely aware of the importance of environmental concerns and it is striving to exercise a leadership role. Legislation in this regard, Bill C-13, virtually assures that this…
INSIDER TRADING (February 10, 1992)
A couple of key insiders at Fort Knox Gold Resources (TSE) recently altered their holdings in the Toronto-based company. According to the Ontario Securities Commission OSC Bulletin, Inco which owns ab…
1991 expenditures drop in Ontario
Exploration expenditures in Ontario for 1991 are estimated to be $124 million, compared with $141 million in 1990 and $218 million in 1989, says Ontario Ministry of Northern Development and Mines. Min…
Noranda sells stake in Hemlo
Mining giant Noranda (TSE) will hold on to its remaining 45.7% interest in Hemlo Gold Mines (TSE) after selling a 9.3% stake to an underwriting syndicate by mid-February, said Alan Thomas, senior vice…
Guyana explorers to merge
The boards of directors of South American Goldfields (TSE) and Golden Star Resources (TSE) have agreed in principle to merge the two companies. Both companies have gold and diamond exploration propert…
Minnova plans to drill Seneca property in B.C.
Toronto-based Minnova (TSE) plans to conduct further drilling on the Seneca property, 65 miles east of Vancouver, B.C. Minnova is earning a 51% interest in the property from International Curator (VSE…
NEBEX, Savoy test high-grade showing
NEBEX Resources (ASE) has exchanged its right to earn a 50% interest in the MOS 1-5 and Les 6 claims near Yellowknife, N.W.T., for a 50% interest in Savoy Gold. Drilling on the property during the 194…
Abner to survey diamond prospect
Vancouver-based Aber Resources (TSE) is set to begin exploration on its diamond claims 200 miles northeast of Yellowknife, N.W.T., after purchasing all of the outstanding shares of West Viking Explora…
Suntac hikes Polaris-Taku reserves
A recent independent geostatistical study boosted reserves for the Polaris-Taku deposit in northern British Columbia to 2.2 million tons grading 0.43 oz. gold per ton. Suntac Minerals (VSE) can earn a…
NEWS IN BRIEF (February 03, 1992)
Spectrum Gold Corp. (SGI.A:ME) has changed its name to Scarlett Minerals Inc. (SMI:ME) with a consolidation of capital on a 1-new-for-2- class-A-old-share basis.