IGR options ground in Ghana
Junior International Gold Reserve (CDN) has optioned a 27-sq.-mile concession in western Ghana. The ground, near Tarkwa, is underlain by a conglomeritic unit which hosts the Iduapriem and the Teberebi…
News
EXPLORATION ’94 — Exploration permits snapped up in Alberta
Sometimes the strongest message is in what is not said. The overall silence of major companies exploring for diamonds in Alberta is causing some juniors to wonder what, if anything, they are holding b…
Black Swan gets Liberty Bell
Junior Black Swan Gold Mines (TSE) can acquire a past-producing gold mine in Alaska from a private U.S. company, in return for issuing 20 million treasury shares. The Liberty Bell mine started up in t…
Cyprus, Holmstead in joint venture
Junior International Holmstead Resources (VSE) will join with Cyprus Canada to explore the former’s Rand gold property. The property comprises nine contiguous claims in the southeastern part of Kirkla…
Toronto Stock Exchange Indices (March 07, 1994)
— 1994 — Mar 1 Feb 28 Feb 25 Feb 24 Feb 23 High Low Composite”300″ 4390.43 4423.84 4364.23 4329.12 4368.35 4601.09 4286.54 Metals&Minerals 3584.95 3661.93 3618.73 3555.22 3569.71 3855.09 3495.59 Int…
Spot prices at a glance (March 07, 1994)
Week’s Price (US) Change Gold* $376.45 – $1.05 Silver* $ 5.24 + $0.06 Platinum* $390.25 – $3.25 Nickel** $ 2.59 – $0.06 Lead** $ 0.20 – $0.01 Copper $ 0.84 $0.00 Zinc $ 0.43 $0.00 Courtesy of Scotiaba…
Armada building Russian pilot plant
Alberta-listed Armada Gold will build a pilot plant on the Baley gold tailings project in Eastern Russia’s Chita region. The plant is expected to yield 4,000 oz. gold annually, starting in July or Aug…
EXPLORATION ’94 — Ups and downs of small-scale mining
Small-scale, underground gold mines have been a feature of British Columbia’s history for well over a century. Some have been likened to slot machines which empty the pockets of over-eager investors, …
EXPLORATION ’94 — Kirkland camp has long history of
While gold mining near Kirkland Lake, Ont., began in 1918, the first rockburst was not reported until 1929. Seven mines were developed along narrow, quartz-bearing veins which are associated with seve…
High River acquires West African gold project
Having recently secured a commitment from TVX Gold to develop its Snow Lake gold property in Manitoba, High River Gold Mines is now setting its sights on West Africa. The company has just concluded an…
Golden Rule completes placement
Golden Rule Resources (TSE) has completed a private placement of 2.5 million shares at $2.12 each. It will advance to Waddy Lake Resources (TSE) up to $4 million from the $5.3-million placement. Waddy…
Black Hawk funding (March 07, 1994)
A private placement of special warrants valued at $4.6 million has been completed by Black Hawk Mining (TSE). The warrants were sold for $1 each and entitle the holder to receive one Black Hawk unit f…