News

50 Years Ago (July 01, 1992)

CCF PLEDGES TO TAX WEALTHY The Co-operative Commonwealth Federation (CCF) has considerable prominence as well as third place in the House of Commons. The bit cry of this party, during the war particu…


NEWS IN BRIEF (June 29, 1992)

Musto Explorations Ltd. (MUX:VSE) has changed its name to International Musto Explorations Ltd. (IMZ:VSE) with a consolidation of capital on a 1-new-for-20-old-share basis. The transfer agent is Centr…


FINANCING (June 29, 1992)

International Brace Res Inc. – 900,000 units consisting of 1 sh and 2 wts offered @ 54 cents per unit. DRT Res. Ltd. – 1,000,000 shs offered @ 16 cents per sh. Vananda Gold Ltd – 300,000 shs offered @…


GOLD FUNDS (June 29, 1992)

BGR Central Net Value $8.15 $5.09 Price $6.75 $4.65 Discount 17.14% 8.60% Value $48,503,000 $78,232,995…


MINER DETAILS (June 29, 1992)

Some people call J. Patrick Sheridan a genius. Others refer to him in more colorful terms. However you describe him, there’s no disputing he has done well for himself. The latest major deal for the “m…


Musto seeks funds for Argentine project

In order to raise funding for a feasibility study on the Bajo de la Alumbrera copper-gold property in Argentina, International Musto Exploration (VSE) recently filed a preliminary prospectus for a com…


Sudbury Contact drilling for kimberlites on Panthco

Toronto-based Sudbury Contact Mines (CDN) is currently drilling on ground held by Panthco Resources (CDN) as part of an exploration drive to find more kimberlite pipes around Kirkland Lake, Ont. In or…





Dwindling supply of diamonds spurs exploration

De Beers, which markets more than 80% of the world’s rough gem diamonds, says the supply of quality stones could be exhausted by the end of the century if the demand for gemstones maintains its histor…


Gasser looks to Taylor Twp.

Recent encouragement at the Stock Twp. gold mine near Timmins, Ont., has persuaded St Andrew Goldfields (TSE) to look at the possibility of doing more drilling on its adjacent Taylor Twp. claims. Alth…


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