Gold Fields drops Blue Dog
By mutual agreement, an option allowing Gold Fields Mining to earn a 60% interest in the Blue Dog gold property from Gold Canyon Resources (VSE) was recently terminated. The Idaho gold project was pre…
News
FINANCING (May 04, 1992)
Ventex Resources Corp – 1,500,000 shs offered @ 10 cents per sh.
TSE STOCK EXCHANGE INDICES (May 04, 1992)
Composite “300” 3337.92 3326.45 3349.69 3371.47 3367.75 4009.47 3009.91 Metals&Minerals 2977.67 2976.85 2990.12 2991.22 2989.13 3453.06 2502.63 Integrated Mines 3160.78 3163.38 3176.46 3178.68 3176.07…
Casa Berardi Est mine suspended
Operations at the Casa Berardi Est gold mine of TVX Gold (TSE) in northwestern Quebec were suspended recently after about 12,000 cubic metres of overburden flowed into the underground mine through a f…
Toltec drops Middlemarch option (May 04, 1992)
With the completion of a 7-hole diamond drilling program, Toltec Resources (VSE) has opted to drop its option on the Middlemarch property in Cochise Cty., Ariz. Toltec had the right to earn a 60% inte…
Adrian plans to explore Petaquilla
Junior Adrian Resources (TSE) is heading off to the jungles of north-central Panama to begin exploring the Petaquilla porphyry copper property under the terms of a recent option agreement with Minnova…
Teck to drill Nebex property
Calgary-based Nebex Resources (ASE) says Teck (TSE) will start drilling the junior’s base metal prospect in northern New Brunswick in early May. The prospect lies 3 km north of the 10,000 tonne-per-da…
Witte shares managing secrets
A loyal and technically competent management team is the essential ingredient in any growing mining company, Peggy Witte, president of Royal Oak Mines (TSE), told a recent gathering of the Toronto bra…
Latin America touts its mining potential
Investors looking to participate in mining ventures in Latin America were given an overview of what that part of the world has to offer at a 4-day conference here recently. The conference, titled “Inv…
Hemlo options Taurus property
A recent letter of agreement sets the stage for Hemlo Gold Mines (TSE) to begin earning a 50% interest in the Taurus copper-molybdenum-gold property of Lodestar Explorations (VSE) in east-central Alas…
Review of Dessir core reveals salting of samples
“Salt vt: to enrich (as a mine) artificially by secretly placing valuable minerals in some of the working places” (Webster’s New Dictionary). Although Webster’s definition doesn’t necessarily portray …
MINER DETAILS; Making royalties look easy
Mining can be a pretty terrible business. When commodity prices are up, companies make huge capital investments to develop a mineral deposit. The metal price inevitably falls and the company must suff…