Dunlap drilling Century property
Drills are turning on the Century gold property in Idaho. Dunlap Resources (VSE) is earning a 60% interest in the project from Cactus West Explorations (VSE) by spending US$1 million. Geological mappi…
News
FACTS’N’FIGURES — Derivatives and the gold market
The phenomenal growth in derivative products during the past few years is about adding value. But is it possible to add value to gold? The dealing community has set about doing precisely that by takin…
Reading our stock trading tables (October 17, 1994)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
Centurion reports reserves of 600 million tons at S. Tintic
Salt Lake City-based Centurion Mines (NASDAQ) reports a drill-inferred geologic reserve of 600 million tons grading 0.28% copper (3.4 billion lb.) for its South Tintic project near Eureka, Utah. Indep…
STOCK MARKET — Toronto market up on good economic news
A milestone was reached this week at the Toronto Stock Exchange with the announcement that this year’s dollar-value-traded topped $147 billion. It is the second year in a row that a record was reached…
Shiningtree buys Manitoba claims
Alberta-listed Shiningtree Resources has bought 34 claims comprising 1,360 acres in southeastern Manitoba. The claims, situated north of Bernic Lake, are underlain by an east-west-trending structure t…
Gold City, partners set merger terms
Partners Gold City Resources (ASE), Providence Industries (VSE) and privately held McKinney Mines have set the terms of their planned merger. Shareholders will receive one share in the new company for…
Princeton drilling continues at Ingerbelle East deposit
Recent drilling at the Similco mine property in southwestern British Columbia is expected to lead to an increase in the tonnage and grade of the Ingerbelle East deposit. The property is owned by Princ…
Minefinders active at La Bolsa prospect
Reconnaissance sampling at Minefinders’ (VSE) La Bolsa property, in Mexico’s Sonora state, has revealed the presence of altered rocks with quartz stockworks and anomalous gold values ranging up to 0.3…
SEG optioning ground in Ghana
Montreal-based SEG Exploration (ME) has opted to earn a 75% interest in the Teleku-Bokazo gold property in Ghana, West Africa. The 20-sq.-mile concession lies on the Ashanti Trend, which hosts the Ash…
Ecudor raises funds for Adanac play
Rouyn-Noranda-based Ecudor Mining (ME) is raising what could amount to $750,000, to be applied to its Adanac property in Quebec’s Rouyn Twp. Between 150 and 750 units will be offered. Each unit, price…
LETTERS TO THE EDITOR — Making paper as good as gold
There may be a bright side to the chronic gold sales by the “central bankrupts” and generous offerings by large central banks in the loan-lease market. Some observers feel that this has helped governm…