Bolivar Goldfields plans drilling in Venezuela
Exploration is under way on four concessions held by Bolivar Goldfields (VSE) in southeastern Venezuela. The junior holds one of the largest land positions in the country’s Guyana Shield, encompassing…
News
Emerald Isle busy exploring for garnets northeast of Sudbury
Vancouver-listed partners Emerald Isle Resources (VSE) and Stralak Resources (VSE) have begun exploring a garnet property northeast of Sudbury, Ont. Previous work on the Street Twp. joint venture outl…
LAST BUT NOT LEAST — Caribgold nets $4.1 million
Caribgold Resources (CDN) has completed a placement of 2.5 million units to a group of European investors. Each unit consists of one common share and half a warrant at $1.65 per unit. Each whole warra…
LAST BUT NOT LEAST — Abacus trenches geochem anomaly
Junior Abacus Minerals (VSE) has completed trenching and sampling on the Brookfield gold project in Nova Scotia. The project lies within the province’s Meguma group of rocks. Abacus is looking for dis…
Alaska enlarges land area open to claim staking
More than 550,000 acres of state land in Alaska will soon be open to claim-stakers. Governor Walter Hickel made the announcement at the annual convention of the Alaska Miners Association. The land has…
Pacific Sentinel hopes to hit jackpot with New Casino
With drilling completed for the season at its Casino copper-gold-molybdenum project in the southern Yukon, Pacific Sentinel Gold (VSE) has arrived at a preliminary mineral estimate. The deposit is bel…
Platinova advances Greenland zinc play
Toronto-listed Platinova A/S has reported encouraging values from its sedimentary-exhalitive-type zinc discovery in northeast Greenland. The company holds an exploration concession which covers a sedi…
STOCK MARKETS — Gold prices drop, but stage comeback
Gold bullion took what seemed a decisive tumble during our report week, dropping US$6 to US$370.10 per oz. However, at presstime (which is one day later than the closing prices in our stock tables) bu…
METAL PRICES — FREE MARKET (December 06, 1993)
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 30 Nov. 29 Nov. 26 Nov. 25 Nov. 24 Copper 1629-1630 1643-1644 1633-1634 1631-1632 1629-1630 Lead 419-420 420-421 415-416 403-404 40…
LAST BUT NOT LEAST — Arizona Star raises funds
Funding for further work at Chile’s Aldebaran property is at hand for Arizona Star Resource (VSE). Subject to regulatory approval, the company has negotiated a brokered private placement of up to thre…
LAST BUT NOT LEAST — Westfield adds to cash position
Earnings of $453,000 for the nine months ended Sept. 30, 1993, have added to the fortunes of Westfield Resources (TSE). The debt-free company has cash and marketable securities totaling $24.3 million,…
Musto seeks partner for Argentine play
Having completed the feasibility study on its Bajo de la Alumbrera deposit in northwestern Argentina, International Musto Explorations (TSE) is seeking a partner to help develop the US$550-million pro…