Metalore files Brookbank appeal
Metalore Resources (TSE) has appealed to the Court of Appeal for Ontario in its bid to regain control of the Brookbank gold property which was awarded to Ontex Resources (ASE) following a trial last y…
News
U.S. REPORT Homestake, Goldstake prepare application
The two partners in the Whitewood Creek tailings reclamation project in South Dakota are preparing their application for a state mining permit. Homestake Mining (NYSE) and Goldstake Explorations (TSE)…
CHARTER MINERALS
Brian Fairbank, Arthur Radtke, Marjorie Easley and Reginald Faulkner elected to the board.
Hounded by shortsellers, Chase offers legal opinions to dispel
Recent trading activity in Chase Resources (VSE) suggests shortsellers have been betting the company will fall from grace over its promotion of a copper-gold property in the Philippines. Late last yea…
Tintana options Timmins gold bet
Toronto-based Tintana Mines (TSE) has signed an agreement with the G.S.W. Bruce grubstake to acquire a 100% interest in 77 gold claims owned by the latter in English and Zavitz twps., near Timmins, On…
U.S. REPORT Kennecott gets OK for Wisconsin mine
The Flambeau copper deposit in Rusk Cty., Wis., has finally been granted the production go-ahead by Wisconsin’s Department of Natural Resources. Flambeau Mining, a unit of Kennecott, hopes to be shipp…
Belmoral moves in on Magino and Magnacon gold assets
Juniors Flanagan McAdam Resources (TSE) and Muscocho Explorations (TSE) may yet be saved from the jaws of bankruptcy by the Magnacon and Magino gold projects. Belmoral Mines (TSE), making progress on …
PEOPLE CORONET METALS (January 28, 1991)
Leslie Hart appointed chairman and director; Eva Kossuth appointed director.
Rush is on for Eagle River feasibility
A long-awaited feasibility study on the Eagle River gold deposit near Mishibishu Lake, Ont., should be ready by the end of the month, says Richard Nemis, president of Central Crude (TSE). The study wi…
OBITUARY John Drybrough
John Drybrough, noted mining engineer, died recently in Winnipeg, Man. He was 94. Born in Scotland, Drybrough immigrated with his family to Canada in 1908, and had lived in Winnipeg since 1928. He hel…
Toronto Stock Exchange Indices (January 28, 1991)
Jan. 22 Jan. 21 Jan. 18 Jan. 17 Jan. 16 HIGH LOW Composite “300”3196.75 3205.20 3210.46 3201.64 3164.49 4009.47 3009.91 Metals & Minerals2746.81 2790.31 2789.88 2757.13 2689.59 3453.06 2502.63 Integra…
Cominco options X-Cal’s Snowbird
After outlining a reserve of about 300,000 tons grading 0.21 oz. gold per ton and defining a number of other exploration targets, X-Cal Resources (TSE) optioned its Snowbird property near Fort St. Jam…