Low Akiko assays
Marginal assay results have been reported by Akiko-Lori Gold (VSE) from recent drilling on the company’s Catharine gold project near Kirkland Lake, Ont. The project is a 50/50 joint venture between Ak…
News
PEOPLE CHENI GOLD MINES (September 03, 1990)
Edwin Phillips appointed chairman of the board succeeding Malcolm Taschereau who resigned.
PEOPLE HOMESTAKE MINING CO.
Gene Elam appointed vice- president and chief financial officer.
Corona buys stake in potential zinc mine
By increasing its stake in Conroy Petroleum and Natural Resources to 27.6%, Corona (TSE) is gaining a position in what could be a major lead-zinc producer. Conroy is developing a large, shallow, lead-…
Ascot, Beauchamps commence drilling
A drilling program is under way at a polymetallic project near Kiniskan Lake in the Iskut-Stikine area of British Columbia, Ascot Resources (VSE) and Beauchamps Exploration (VSE) report. Ascot, which …
Mimiska acquiring Red Lake property
A 42-claim property in the Red Lake mining camp in northwestern Ontario is being purchased by Societe Miniere Mimiska (ME). An agreement with three individuals — Michael Desmoulins, Perry English and…
Curragh raising $170 million to offset debt, Mt. Hundere
Toronto-based Curragh Resources (TSE) is close to finalizing a $125-million long-term financing package designed to offset debts acquired as Curragh completed the acquisition last year of a 20% stake …
Impressive Teddy Bear has long history
Ross Hofmann, chairman and majority shareholder of little- known Teddy Bear Valley Mines (COATS), likes to tell the story of how he became a member of the Gold Plugged Drill Bit Society. Hofmann, 70, …
QUERY Carlin res. has royalty in Elko, Nev. property
A recent article mentioned Carlin Resources (VSE) and the Chandler property, five miles from Weiser, Idaho. I would like to know about the company’s 5% net royalty interest in a new gold mine called t…
Greenstone, Boliden prepare to drill Panama gold deposit
A 60,000-ft. drilling program is scheduled to begin this fall on a Panamanian gold property acquired recently by joint venture partners Greenstone Resources (TSE) and Boliden International Mining, a u…
OBITUARY David Miller
David Miller, professional engineer, died recently in an accident in the Yukon while working on the Mel prospect for Barytex Resources. He was 55. Miller held a degree in geological engineering from t…
PEOPLE LONDON METAL EXCHANGE LTD.
John Wolff elected chairman succeeding Christopher Green who resigned; Raj Bagri elected vice-chairman.