News




FINANCING (October 05, 1992)

Spirit Res. Ltd. – 1,400,000 units @ $1.05 per unit. Each unit consists of 1 sh and 1 wt. 2 series `A’ wts. to purchase 1 sh.



NEWS IN BRIEF (October 05, 1992)

Link Resources Inc. (LR:VSE) has changed its name to Haddington Resources Ltd. (HDD:VSE) with a consolidation of capital on a 1-new-for-5-old-share basis. The transfer agent is Montreal Trust.



Eden Roc subsidiary hikes gold output

Two gold pours totalling 1,547 oz. have recently been completed by Eden Roc Mineral’s (TSE) West African subsidiary Somiaf. This represents an increase of 75% over previous pours. The high-purity bull…


MURDER: Unravelling events at the Giant mine

The Giant mine resumed operation Sept. 25 after Royal Oak Mines (TSE) received approval to reopen from the Northwest Territories mine safety inspector. The company expected to achieve full production …


U.S. REPORT — Newmont acquires Atlas properties

Denver-based Newmont Mining (NYSE) has acquired the mining rights to two properties owned by Atlas Gold (NYSE). They are the Grassy Mountain property in Malheur Cty., Ore., and the Musgrove Creek prop…


U.S. REPORT — Cons. Nevada boosts production

Denver-based Consolidated Nevada Goldfields (TSE) increased its production and lowered its costs during the fiscal year ended June 30. Production from its two gold mines reached 28,132 oz. in 1992, up…


Garden Lake to issue shares

A placement of 600,000 units at 23 cents each has been announced by Garden Lake Resources (VSE). Each unit consists of one common share and one-half warrant. Redemption of one warrant plus 30 cents on…


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