News

Cons. Ramrod Gold — 770,000 shs and 770,000 non-transferrable sh purchase wts issuable upon the exercise of 770,000 special wts @ $5.00 per special wt. Lyon Lake Mines — 7.1 million units, with each…

A gold-copper prospect in Honduras has caught the eye of Kennecott, which plans to carry out a due diligence review before committing to an earn-in agreement with property owner Milagro Minerals (VSE)…

Prospecting by Hendricks Minerals (CDN) on its 75%-owned property near Bathurst, N.B., has uncovered several mineralized blocks. Grab samples averaged 7-14% combined lead-zinc mineralization and 8-14 …

A flurry of buying in the domestic bill and bond markets helped the Toronto Stock Exchange post a modest gain for the 5-day report period ended Aug. 23 The composite 300 index edged upwards by 8.89 po…

— 1994 — Aug 23 Aug 22 Aug 19 Aug 18 Aug 17 High Low Composite”300″ 4211.68 4186.42 4187.08 4184.44 4205.27 4609.93 3518.31 Metals&Minerals 3840.14 3830.72 3813.04 3812.11 3830.19 3996.08 3273.56 In…

ALUMINUM: MW U.S. market US70.5-71.5 cents per lb. (Aug. 19, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….

Week’s Price (US) Change Gold* $382.60 + $4.80 Silver* $ 5.21 + $0.08 Platinum* $411.75 – $0.60 Nickel** $ 2.66 + $0.12 Lead** $ 0.26 + $0.01 Copper $ 1.09 + $0.01 Zinc $ 0.43 $0.00 Courtesy of Scotia…

Drilling at the Goldstream mine near Revelstoke, B.C., is extending the deposit down-plunge below the 350-metre level. Joint-venture partners Goldnev Resources (VSE) and Bethlehem Resources (TSE) repo…

Diamond drilling has resumed on CaribGold Resources’ (TSE) Santa Clara gold project in Cuba. Three mineralized structures — San Jose, Vista Hermosa and Lote Grande — will be investigated during this…

A Peruvian subsidiary of Altai Resources (TSE) can earn a 60% interest in La Brena, a gold-copper property in southern Peru. The 3,000-hectare property hosts copper-gold mineralization with an exposed…

Infill drilling is to begin later this year on the Cuatro Hermanos porphyry copper property in Mexico’s Sonora state. The work is scheduled to last 18 months at a cost of US$3.5 million. Morgain Miner…

The shaft at the Doyon gold mine 40 km east of Rouyn-Noranda, Que., will be deepened to 1,024 metres from 654 metres. Equal Doyon partners Cambior (TSE) and Lac Minerals (TSE) have approved a feasibil…