TSE Short Positions (August 30, 1993)
Semi-monthly reports as of Aug 15, showed 73,606,340 shares of 740 issues compared with 80,264,553 shares of 723 issues on Jul 31. Larger individual positions included: Aber 123,600; Amer. Barrick 143…
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Financing (August 30, 1993)
Champion Bear Resources Ltd. — Private placement of 130,800 shs @ $2.75 on a flow-through basis. Solidor Resources Inc. — 600,000 units @ 40 cents and each unit consists of sh and 2 wts. 2 A wts buy…
Akiko announces work programs
Joint-venture exploration programs are under way at the White River claims in Ontario and the Crescent Valley project in Nevada, reports Akiko Gold Resources (VSE). The White River gold project will b…
Agnico sees potential in La Ronde’s Zone 20
The Zone 20 orebody at the LaRonde gold mine west of Val d’Or, Que., has the potential to increase reserves significantly, Agncio-Eagle Mines (TSE) reports. The company has calculated a preliminary re…
Minefinders options Nevada properties
Vancouver-listed Minefinders Corp. has optioned ground held by Equinox Resources (VSE) in northern Nevada. The three properties lie within either the Carlin Trend or the Battle Mountain Trend, both pr…
Drilling extends Botija deposit
The first three holes drilled in this year’s second-phase exploration program are expected to increase the geological resource of a deposit on the Petaquilla project in Panama. All three holes at the …
Mine Mill union merges with CAW
The battle for Local 598 of the Canadian Union of Mine, Mill and Smelter Workers in Sudbury, Ont., has been won by the Canadian Auto Workers (CAW) union. Local 598, which represents workers at Falconb…
Cantung options Chilean project
Vancouver-based Canada Tungsten Mining (TSE) has acquired an option to buy and develop the Andacollo copper project in central Chile. Subject to confirmation of technical details during a 15-month eva…
IMF gold holdings
The International Monetary Fund reported gold holdings of 103.4 million oz. as of April 30 this year, unchanged from one year ago. Goldrite Mining (GRQ: VSE) has changed its name to Consolidated Goldr…
Raymore plans Lamotte sample
Initial clearing of overburden at the Lamotte Twp. lithium property in northwestern Quebec is under way, Raymore Resources (ASE) reports. The company intends to bulk-sample about 50 tons of ore.
NEWS ROUNDUP — Fort Knox stakes Clery claims
Toronto-listed Fort Knox Gold Resources has staked more than 200 claims north of Chibougamau, Que. The claims, comprising 9,000 acres in Clery Twp., are believed to have volcanogenic massive sulphide …
PEOPLE — LEVELLAND ENERGY & RESOURCES
Larry Reaugh appointed director. KENDRA GOLD Scott Emerson and Stephen Chen appointed directors.