Joutel wins landmark Cuban approval
Finally, after months of speculation and anticipation, a landmark exploration agreement between Joutel Resources (TSE) and the Cuban government has been approved by the Cuban Council of Ministers. The…
News
Buy the dips: diamond analysts
Although it may be several months before Dia Met Minerals (TSE) and BHP Minerals Canada release further news from their Lac de Gras property in the Northwest Territories, some analysts say the time is…
NEWS ROUNDUP — Drilling under way at Eden Roc play
A 12,000-ft. diamond drill program has begun on Eden Roc Mineral’s (TSE) Afema mine project in Ivory Coast, West Africa. The 60-hole program is aimed at expanding existing reserves of the Anuiri mine …
Placer Dome advances Pipeline
As manager and 60%-owner of the Cortez joint venture, Placer Dome (TSE) is seeking state and federal permits to build a 4,600-ton-per-day mine and metallurgical plant at the Pipeline gold deposit in N…
NEWS ROUNDUP — Chesbar, Spirit L. boost Venezuelan ground
Two Montreal-listed juniors, Chesbar Resources and Spirit Lake Resources, have agreed to acquire a private Venezuelan company which holds 2,100 hectares in the Bochinche gold mining area. Called Los P…
Cusac drilling returns high-grade values
Drilling on the Table Mountain property in northwestern British Columbia returned high-grade gold values for Cusac Industries (VSE). The program included infill drilling on the West Bain vein (Holes 9…
Golden Trio nets private placement
A private placement of 10 million units at 20 cents each has been closed by Golden Trio Minerals (VSE). Each unit is composed of one common share and one purchase warrant which entitles the holder to …
EDITORIAL PAGE — Manitoba ponders bill
In contrast to British Columbia, where in the post-Windy Craggy era the “No Mining” sign hangs prominently outside the provincial legislature, Manitoba welcomes miners and explorers. Over the past few…
LETTERS TO THE EDITOR — Harcourt and company `myopic
The following is an open letter to Michael Harcourt, premier of British Columbia, in response to his government’s decision to expropriate the Windy Craggy copper project in favor of creating a provinc…
FINANCING (July 19, 1993)
Southwestern Gold Corp. — 800,000 shs @ $1.00. Eurus Resource Corp. — 1,500,000 units @ $1.19 and each unit consists of sh and 2 wts and 2 Series A wts purchase sh. Glamis Gold Ltd. — 2,000,000 shs…
LETTERS TO THE EDITOR — Manitoba’s Bill 41 threat to
For many years, on a personal basis and through the Prospectors and Developers Association of Canada (PDAC), I tried, without success, to bring out the facts about the low state of minable ore reserve…
STOCK MARKETS — Gold bug party ends abruptly as TSE gold
The biggest one-day plunge on the Toronto Stock Exchange since 1990 was felt throughout the market sectors, but the overheated gold stocks were hit the hardest. Following a 20% run-up in the market du…