Memorial awards for engineering studies
Scholarships and an award program, established in memory of the women students slain at Ecole Polytechnique last year, are available for application. Two scholarships, worth $5,000 each, will be award…
News
Tulsequah Chief hole fails to cut H Lens mineralization
Hole 90-29 on the Tulsequah Chief property was drilled into footwall andesite and stopped at a depth of 2,635 ft. without encountering H Lens mineralization. The Tulsequah property is in northwestern …
Followup drilling for Rock and Roll bet
Partners Eurus Resource (VSE) and Thios Resources (VSE) are planning a second phase of drilling on their promising Rock & Roll massive sulphide prospect in the Iskut River camp of northwestern British…
Toronto Stock Exchange Indices (December 24, 1990)
Dec. 18 Dec. 17 Dec. 14 Dec. 13 Dec. 12 HIGH LOW Composite “300” 3236.89 3232.97 3244.22 3252.56 3252.54 4009.47 3009.91 Metals & Minerals 2756.20 2758.70 2783.70 2782.90 2803.41 3453.06 2502.63 Integ…
Eastmaque and major shareholder at odds
An apparent falling out over the conversion of its preferred shares into common shares has Eastmaque Gold Mines (TSE) at odds with its major shareholder, VenturesTrident. VenturesTrident filed a lawsu…
PEOPLE ZICTON GOLD
Boyce Butler appointed president succeeding John Hilton who resigned. Butler was also appointed a director.
Ontario court awards Brookbank gold bet to Ontex
Toronto-based Ontex Resources (ASE) has emerged as the winner in a bitter legal dispute with Metalore Resources (TSE) and George Chilian over control of the Brookbank gold property in northern Ontario…
B.C. stalls Eskay mining lease until land title question settled
The battle for control of the Eskay Creek deposit north of Stewart, B.C., is no longer confined to two majors vying to develop what is expected to become one of the province’s richest and highest-grad…
COATS (over-the-counter) Card claims gain value
A 5-claim package owned by Card Lake Resources in Holloway Twp., Ont., is looking increasingly attractive as Noranda probes extensions of the Lightening gold zone on a property optioned from Canamax. …
Greenland planning to purchase $2 m in Platinova shares
Junior mining company Platinova Resources (TSE) of Toronto will take on a new shareholder in the form of the government of Greenland, which says it intends to purchase about $2 million worth of Platin…
INSIDER TRADING Freewest Pres. Watson a buyer
Freewest Resources (TSE) President Mackenzie Watson will be a very rich man if his company’s Harker-Holloway, Ont., gold joint venture with Noranda (TSE) lives up to expectations. Figures released by …
Shortage of Soviet oil in Cuba could push nickel prices higher
Economic woes in Cuba, which produces about 5% of the world’s nickel, could trigger a runup in nickel prices, industry analysts say. The price of nickel, currently about US$3.70 per lb., could reach U…