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 …
News
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…
INSIDER TRADING — SW Gold officers exercise options, sell
Two senior officers of Southwestern Gold (TSE) exercised options and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, director and senior officer Daniel Innes exerci…
De Beers joint-ventures Yamba Lake diamond bet
De Beers Consolidated Mines has agreed to joint-venture the Yamba Lake diamond project held by Mill City Gold (VSE) and Tanqueray Resources (ASE). The agreement, which is subject to a due diligence ex…
Cominco Res. gold discovery
Cominco Resources International (TSE) has added a new gold discovery to its exploration projects in Turkey. The find was made on the Saray property, 5 km from the Black Sea near the town of Fatsa. Com…
Campbell buys Mexican producer
Toronto-based Campbell Resources (TSE) has agreed to buy the Santa Gertrudis gold mining operation in Mexico’s Sonora state. The vendor is a subsidiary of Phelps Dodge (NYSE) of Phoenix, Ariz., which …
Minto focuses on Yukon projects
Having completing an initial public offering, earlier this year, to net $900,000, Minto Explorations (VSE) has arranged a further $530,000 in funding. Teck (TSE) and Asarco (NYSE) each bought 190,000 …