Financing (June 21, 1993)
International Homestead Resources Inc. — 1,500,000 shs @ 25 cents. Colossal Resources Corp. — 600,000 shs @ 60 cents. Keith Resources Ltd. — 2,000,000 units @ 40 cents where each unit consists of s…
News
ASE Rights & Warrants
Canadian 88 Energy Corp. – 10 A wts + $1.50 buy sh to Sept 30/93. Coexco Petroleum Inc. – Wt + $1.00 buys sh to Oct 29/93. Northern Reef Expl. – Wt + $2.10 buys sh to May 18/94. Supplied by ASE…
PEOPLE — VERA CRUZ MINERALS
Wayne Smith appointed director.
Homestake assembling pieces of rich, intricate Eskay puzzle
Few discoveries this past decade have sparked more speculative interest than the Eskay Creek project, a polymetallic deposit on a sub-alpine plateau some 80 km northeast of Stewart, B.C. When it was b…
Adrian shareholders approve acquisition
Shareholders of Adrian Resources (VSE) have approved an agreement to buy all issued and outstanding shares of Panamanian company Georecursos Internacional S.A. As a result, Adrian will hold an indirec…
Golden Star raises $21.4 million for Latin American projects
Fresh from closing a private placement worth $21.4 million, Golden Star Resources (TSE) has signed an agreement to acquire the Yaou-Dorlin gold project in western French Guiana from BHP Minerals Inter…
Consolidated Keld’Or signs deal on Costa Rica’s El Recio gold
Vancouver-based junior Consolidated Keld’Or Resources (VSE) has signed an agreement to earn from USA Gold a 50% interest in the El Recio gold deposit in Costa Rica. USA Gold, a private company, recent…
Orvana nets $3.4 M, eyes offshore bets
Proceeds of recent private placements will be used by Orvana Minerals (TSE) to fund exploration on projects outside Canada. The junior will raise $3.38 million from one placement to a mutual fund and …
Mints join forces
In an unusually co-operative effort among institutions that are essentially competitors, seven of the world’s major mints — Australia, Austria, Canada, Mexico, South Africa, the United Kingdom and th…
ODDS’N’SODS — A history of Windy Craggy (1)
When I (B.W. Downing) was given that “golden opportunity” of working in the mountains in 1974, I departed from the east quite quickly to work for geologist Jim McDougall in Vancouver. From time to tim…
Northern Ontario mining group urges public support of
The following was submitted by the North Superior Mine Managers Group during the Ontario Mining Association’s Mining Week (May 31 to June 6): We speak for the dedicated men and women at our operations…
USMX active in Puerto Rican copper-gold deposit
An advanced copper-gold deposit in Puerto Rico will be further tested this year by a drilling and metallurgical program funded by USMX (NASDAQ). The company recently acquired an approximate 50% equity…