Dentonia passes rights plan for shareholders
Shareholders of Dentonia Resources (VSE) have approved a poison pill which they will swallow in the event of an unsolicited takeover bid. Under the new shareholder rights protection plan, a “permitted…
News
GMD, New Discovery explore Yellowknife play
Hoping to take advantage of the developing infrastructure near Nicholas Lake, N.W.T., partners GMD Resource (VSE) and privately owned New Discovery Mines are gearing up to begin an exploration program…
FirstMiss continues Turquoise Ridge work
Diversified industrial company First Mississippi has posted its highest earnings since 1981. The accomplishment is partly due to higher gold prices and gold production reported by its 81.4%-owned subs…
METAL PRICES — FREE MARKET (January 09, 1995)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 3 Jan. 2 Dec. 30 Dec. 29 Dec. 28 Copper 3039-3040 N/A 3039-3040 3016-3017 3014-3015 Lead 650-651 N/A 650-651 649-650 643.5-644.5 Zi…
Bru-Lovie returns values for Ramrod
Additional drilling is planned on the Bru-Lovie gold project in Crescent Valley, Nevada. Consolidated Ramrod Gold (TSE) has drilled eight offset holes to test mineralization around hole CB94-2, which …
Merger gets shareholder approval
Shareholders of Minorca Resources Ltd. (VSE), Orco Resources (ME) and Denyvan Resources (ME) have approved a reorganization plan enabling the companies to merge. The merger was effected Jan. 1 through…
Francisco plans drilling at Dura
Geophysical work at La Dura, a gold property in Mexico’s Sonora state, has set the stage for reverse-circulation drilling. Francisco Gold (VSE) says an induced-polarization survey identified an area t…
Gem River to mine Montana sapphires
Privately-owned Gem River will soon be mining sapphires commercially at its Dry Cottonwood Creek property in Montana. Last year, the company carried out a testing program and hired engineering consult…
NEWS ROUNDUP — Global Stone deals for Detroit Lime
Industrial minerals company Global Stone (TSE) acquired a 10-year lease on virtually all the assets of Detroit Lime Co. in Michigan. Global paid a US$5-million security deposit and acquired inventorie…
INSIDER TRADING — Manhattan directors buy and sell shares
Two directors of Manhattan Minerals (TSE) bought and sold shares in October and November. According to the Ontario Securities Commission’s OSC Bulletin, senior officer and director Peter Tegart sold 6…
PDAC convention set for March
International exploration, including the diamond play, will take centre stage at the 63rd annual convention and trade show of the Prospectors and Developers Association of Canada (PDAC), scheduled for…
Canalaska adds to land holdings
In a flurry of activity, International Canalaska Resources (VSE) has acquired new holdings in Arizona and Labrador, and launched an exploration program in Panama. Canalaska joined the staking rush on …