THE LATIN BEAT — Peruvian Gold expands ground
Encouraging preliminary results from exploration of the Mont Dor leases in southern Peru have prompted Peruvian Gold to apply for a further 13,000 hectares in the area. The company’s current lease are…
News
THE LATIN BEAT — TVX options Brazilian gold play
TVX Gold (TSE) can acquire the Natividade gold property 550 km north of Brasilia, the capital of Brazil. The property comprises 230,000 hectares and hosts numerous gold occurrences that have been work…
Rea Gold to spend $3m to revive Bissett gold mine
Rea Gold (TSE) will spend $3 million in an effort to add 1 million tons of reserves to the existing 1.5-million-ton mineral inventory at the Bissett gold mine project in Manitoba. Between 1932 and 196…
NEWS ROUNDUP — Louvem acquires Peruvian gold play
Toronto-listed Louvem Mines has acquired a 12,350-acre, gold-bearing, gravel property in southern Peru. Situated near Nazca on the costal plain, the ground was staked at a cost of US$10,000. The gold-…
NEWS ROUNDUP — Chase expanding Philippine ground
Chase Resource (TSE) has acquired the right to explore and develop 95,000 hectares on the southern Philippine island of Mindanao. The ground includes and surrounds the T’Boli gold exploration project …
Upbeat results on MVP projects
Affiliated companies MVP Capital (TSE) and Excellon Resources (VSE) have completed a 14-hole, 6,125-ft. reverse circulation drill program on their jointly owned TDC Leases, near Tombstone, Ariz. Four …
Curator calculates tonnage for Boleo cobalt project
The Boleo project in Baja California Sur, Mexico, is estimated to contain 141 million tonnes grading 2.67% copper and 0.082% cobalt. The drill-indicated and inferred estimate was recently calculated b…
Lysander options Lorraine property
Another round of exploration could begin soon on the Lorraine property, one of the earliest copper discoveries in British Columbia. Lysander Gold (VSE) plans to option the project from Kennecott Canad…
Triton plans expansion of Nicaraguan mine
One of the first junior mining companies to take a serious look at opportunities in Nicaragua plans to expand a gold mine in the Central American country. Triton Mining, soon to be listed on the Toron…
NEWS ROUNDUP — TVI OKs share issue, name change
The shareholders of TVI Copper (ASE) have approved the issuance of 2 million unqualified special warrants and two previously approved private placements totaling more than 5.8 million shares. Proceeds…
Golden Regent gets U.S. subsidy
Alberta-listed Golden Regent Resources (ASE) has taken over Golden Regent Minerals, a U.S.-based resource company. The new company now becomes a wholly owned subsidiary of Golden Regent Resources and …
Spot prices at a glance (July 25, 1994)
Week’s Price (US) Change Gold* $386.40 + $1.55 Silver* $ 5.32 + $0.10 Platinum* $413.85 + $6.10 Nickel** $ 2.89 + $0.05 Lead** $ 0.27 $0.00 Copper $ 1.16 + $0.06 Zinc{ $ 0.45 + $0.01 Courtesy of Scoti…