Consolidated Nevada issue
Financing for the Nixon Fork gold project in west-central Alaska is close at hand. Consolidated Nevada Goldfields (NASDAQ) plans to offer a private placement of up to $25 million in convertible debent…
News
Roycefield drills antimony-gold bet
Drilling by Roycefield Resources (ASE) on the Central zone of the Beaver Brook antimony-gold prospect in central Newfoundland has delineated reserves of 134,000 tons averaging 5.76% antimony and minor…
Minefinders options five prospects
Toronto-listed Minefinders has optioned from Equinox Resources (TSE) a 51% interest in each of five gold properties in the western U.S. Four properties are in north-central Nevada and encompass 3,800 …
TVI issues special warrants
To finance exploration of its holdings in the Philippines, TVI Copper (ASE) will issue 3.75 million special warrants at 80 cents each for gross proceeds of $3 million. Yorkton Securities will act as t…
EDITORIAL PAGE — Down but not out
At times, it seems as if practically the whole of the Canadian exploration fraternity has packed its bags for Chile or Mexico or Peru or some other distant land. But in spite of the serious barriers e…
ODDS’N’SODS — Sandy’s Red Lake secret
Prospector Sandy McIntyre, who discovered and staked the McIntyre Porcupine mine in Timmins, Ont., in 1909, joined the Red Lake gold rush in 1926. He came with the McIntyre mine crew to work claims th…
Getty develops oxide copper
Leach tests on core from last year’s diamond drilling program on the Getty North property has returned positive results. The property, owned by Getty Copper (VSE) and situated in the Highland Valley o…
Sikaman to convert preference shares
At the annual meeting in Toronto, shareholders of Sikaman Gold Resources approved management’s proposal to convert all Series A, B and C preference shares into common shares. A total of 2.4 million pr…
INSIDER REPORT — Pezim moves Prime Equities shares
Murray Pezim, chairman of Prime Equities International (VSE), traded a number of shares in February. According to the Ontario Securities Commission’s OSC Bulletin, Pezim bought 34,200 shares at $3.20-…
Complex ore’s the problem, says Furlong — State assays
The Arizona Department of Mines and Mineral Resources has determined through a state-registered assayer that samples the department had taken from International Platinum Corp.’s (TSE) Arizona property…
Producer Prices (April 11, 1994)
ALUMINUM: MW U.S. market US62.75-63.75 cents per lb. (Mar. 24, 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, 19…
Espalau, Bachelor Lake directors OK merger
Amalgamation of Espalau Mining (ME) and Bachelor Lake Gold Mines (ME) has been approved by corporate directors. They also approved the issuance of Espalau shares to Bachelor shareholders in the ratio …