Casino drilling continues in Yukon
With the drills still turning on the Casino copper-gold property in the Yukon, Pacific Sentinel Gold (VSE) has expanded its budget for this year’s work by $3 million to a planned total of $10.2 millio…
News
Airborne work planned at Cross
A crew has arrived at the Cross mine properties in Colorado to begin an airborne geophysical survey, International Larder Minerals (TSE) reports. An additional 45 claims have been acquired west of the…
Eurus/Crystallex upgrade mill
Partners Eurus Resource (VSE) and Crystallex International (VSE) have installed a ball mill that is expected to triple the capacity of the 100-tonne-per-day mill on the Albino gold concession in Venez…
LETTERS TO THE EDITOR — Prices of diamond stocks just don’t
Since you provided space for readers who were incensed by Paul Sarnoff’s article (“Canadian Diamond Stocks Can Be Dangerous to Your Wealth” in the July 7/93 Gold Stock Advisory), I hope you will also …
Tillicum permits received
Permits are in hand for a bulk sample of the Heino-Money zone at the Tillicum Mountain property near Nakusp, B.C. Bethlehem Resources (TSE) and Goldnev Resources (VSE) signed an agreement earlier this…
LAST BUT NOT LEAST — Dianor plans unit placement
A placement worth $375,000 is expected from Ressources Kimex (ME), which plans to spend most of the proceeds on work at the Granada property in Rouyn and Beauchastel Twps. in northwestern Quebec. Kime…
Richmont defining reserves
Underground drilling and development are under way at the Francoeur gold mine near Rouyn-Noranda, Que., Richmont Mines (TSE) reports. The work is aimed at defining the extension of existing zones and …
Spot prices at a glance (August 16, 1993)
Week’s Price (US) Change Gold* $381.35 – $19.30 Silver* $394.79 – $0.50 Platinum* $393.25 – $24.50 Nickel** $392.19 – $0.03 Lead** $390.18 $0.00 Copper $390.88 $0.00 Zinc $390.39 – $0.03 Courtesy of S…
THE DIAMOND PAGE — Lack of disclosure dampens diamond fever
Analysts are blaming the “minimalist” disclosure policy of major companies as one reason why speculative interest in Canadian diamond exploration continues to lose momentum. But others point out that …
Glimmer arranges private placement
The president of Glimmer Resources (VSE), George Kent, and the company have negotiated a $200,000 placement of 172,500 flow-through shares and 77,500 common shares at 80 cents per share. The share pri…
LAST BUT NOT LEAST — Portman options Sentinel ground
Shortly after acquiring an option on 72 claims in the Crescent Valley area of Nevada, Sentinel Resources (VSE) has vended the property to a third party. Portman Exploration (VSE) can earn a half inter…
Rio Algom cuts sulphides in fertile Bathurst camp
A new zone of massive sulphide mineralization has been intersected by Rio Algom (TSE) on Key Anacon Mines’ (TSE) property in the Bathurst camp of New Brunswick. Significant results include: 18.62 metr…