William drilling at Delestre
Drillers have intersected massive sulphides at the Delestre gold property northeast of Senneterre, Que. A section from one of the four holes cut 1.5 metres grading 3.2 grams gold per tonne at a depth …
News
Canarc, Rembrandt settle differences
A legal dispute involving Rembrandt Gold Mines (ASE) and Canarc Resources (VSE) has been settled. The original lawsuit was brought against Canarc, its directors and certain investors by International …
KWG options Brazilian properties
Montreal-listed KWG Resources intends to acquire two gold properties, Catalago and Limao, in the Tapajos goldfield of Brazil. As well, the company has applied for an additional 500,000 acres in the re…
EDITORIAL PAGE — And now . . . Bolivia
When the international tin market collapsed in 1985, the Bolivian economy, heavily reliant on tin production, collapsed along with it. More than half the country’s tin mines closed in the following ye…
Directors’ performance subject of TSE study
A draft report of The Toronto Stock Exchange’s Committee on Corporate Governance in Canada is aimed at improving the manner in which corporations are governed. Where Were the Directors?, as the report…
EDITORIAL PAGE — Investor interest in gold
During the past year, gold prices have been on the rise. After falling to US$326 per oz. in March, 1993, they have risen in what may prove to be the beginning of a major cyclical upward move, accordin…
LETTER TO THE EDITOR — Determining gold content in samples
During the past year, your paper has covered, with appropriate caution, reports of unusual gold mineralization from Fort MacKay in Alberta, Brookfield in Nova Scotia and a property in Arizona. The rep…
LAST BUT NOT LEAST — Cross Lake acquires Timmins area play
Junior Cross Lake Minerals (VSE) has acquired a 79-claim property in Steele Twp., northeast of Timmins, Ont. The property is 22 miles west of the Normetal zinc-copper-silver mine which produced 11.1 m…
PRODUCER PRICES (May 23, 1994)
ALUMINUM: MW U.S. market US62.00-64.00 cents per lb. (May 5, 1994). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 1993…
Red Rock expansion nearing completion at Goldfield project
Expansion of the Goldfield project in Nevada is proceeding on schedule, with completion expected by June. Heap-leach operations are being upgraded to process up to 80,000 tons of ore per month. It is …
LAST BUT NOT LEAST — Holmer options 5 Cuban concessions
In Cuba, Holmer Gold Mines (ASE) has optioned five additional concessions totaling 1,730 sq. km. Four of the concessions, comprising 1,318 sq. km, are in the Pinar del Rio camp of western Cuba. Holmer…
LAST BUT NOT LEAST — Keylock exploring Slovakian gold bet
Two gold- and silver-bearing structures are being evaluated on Keylock Resources’ (ASE) concession in Slovakia. The concession is in the centre of a large Tertiary-aged cauldera which has a history of…