PEOPLE — LOUMIC RESOURCES
Benjamin Ainsworth appointed director.
News
PEOPLE — NORTHWIND VENTURES (January 31, 1994)
Peter Delancy and Hughes Salat appointed directors.
PEOPLE — OLYMPIC RESOURCES
Theodore Konyl appointed director.
Correction (January 31, 1994)
The substantial liabilities attributed to Milner Consolidated Silver Mines (ASE) (T.N.M., Jan. 17/94) were incorrect. Milner has a working capital of $1.7 million and Minerales de Copan S.A. de C.V. h…
PEOPLE — GOLDEN RAINBOW RESOURCES
Timothy Ryan appointed president and director; L. Hendry appointed director.
Metallica completes acquisition, financing
Having completed a 1-for-7 share consolidation and a name change, Metallica Resources (CDN) — formerly Burgess Point Resources — has acquired Venezuelan Mineral Development Corp. (Vencorp). Vencorp …
X-Cal exploring near Sleeper
A gold prospect next to the producing Sleeper gold mine in Nevada is providing a new exploration focus for X-Cal Resources (TSE). Sampling on the X-Cal-York Mines property has returned an 11-ft. width…
Goldbrook focuses on Big Mac zone
To cover fully an area of intense hydrothermal alteration, Goldbrook Explorations (ASE) has acquired an additional 12 units adjoining its Onaman River base metal property. The property, north of Beard…
METAL PRICES (January 31, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Jan. 25 Jan. 24 Jan. 21 Jan. 20 Jan. 19 Copper 1858-1859 1846-1847 1842-1843 1859-1860 1863-1887 Lead 506-508 504-505 508-509 508-509 49…
STOCK MARKETS — Golds remain active despite drop in price
Gold’s more-than-US$10-per-oz. drop during the period ended Jan. 25 had Western markets backtracking. The Vancouver Stock Exchange resource index lost more than 50 points to close at 1,722.22, while t…
TORONTO STOCK EXCHANGE INDICES (January 31, 1994)
— 1994 — Jan 25 Jan 24 Jan 21 Jan 20 Jan 19 High Low Composite”300″ 4456.21 4465.80 4501.94 4542.38 4562.90 4574.32 4286.54 Metals&Minerals 3625.50 3613.25 3619.51 3717.27 3726.96 3742.06 3495.59 In…
Tri Origin drills at Lewis Ponds
Drills are turning in a major program on the Lewis Ponds project in New South Wales, Australia. Using two rigs, Tri Origin Exploration (TSE) is drilling 10,000 metres. The company hopes to define new …