PROFILE (February 03, 1992)
Despite the economic slump, Dickenson Mines reported record improvements in earnings for the nine months ended Sept. 30, 1991: $6,217,000 (35 cents per share) compared with $2,591,000 (15 cents per sh…
News
Spot prices at a glance (February 03, 1992)
Week’s Price (US) Change Gold* $355.40 – $1.45 Silver* $ 4.16 – $0.10 Platinum* $346.50 + $6.75 Nickel** $ 3.48 – $0.09 Lead** $ 0.23 $0.00 Copper $ 0.99 + $0.02 Zinc $ 0.53 + $0.00 Courtesy of Scotia…
Minnova completes Izok Lake purchase
Toronto-based Minnova (TSE) recently completed the purchase from Falconbridge of a 100% interest in the Izok Lake and Hood River properties as well as a 60% stake in the Gondor property. Under a previ…
Suntac hikes Polaris-Taku reserves
A recent independent geostatistical study boosted reserves for the Polaris-Taku deposit in northern British Columbia to 2.2 million tons grading 0.43 oz. gold per ton. Suntac Minerals (VSE) can earn a…
PEOPLE (January 27, 1992)
T. Philip elected president, chief operating officer and a director.
Mineral deposits at Selwyn Basin
Steven Gordey, member of the Geological Survey of Canada in Vancouver, will give a lecture Feb. 6 at 4 p.m. It will take place in Room 2093 at the University of Toronto’s Earth Sciences Centre. Topic …
GOLD FUNDS (January 27, 1992)
BGR Central Net Value $8.60 $5.08 Price $7.50 $4.550 Discount 12.75% 10.4 Value $51,182,000 $76,550,565…
FINANCING (January 27, 1992)
GHZ Resource Corp – 600,000 shs offered @ 20 cents per sh. Rome Resources Ltd – 600,000 shs offered @ 37 cents per sh.
NEWS IN BRIEF (January 27, 1992)
Oregon Resources Corp. (ORE:VSE) has changed its name to International Oregon Resources Corp. (IOR:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Central …
Ecstall wins dispute’s appeal for claims near Eskay Creek
The Supreme Court of British Columbia has ruled in favor of Ecstall Mining (VSE) in its appeal of the Gold Commissioner’s previous decision to cancel its 20-unit Story 7 claim about one mile from the …
Toronto Stock Exchange (January 27, 1992)
Tri-Origin Exploration, a new junior exploration company backed by former LAC Minerals geologists Dennis Sheehan and Robert Valliant, was cleared for takeoff during the week ended Jan. 21. An initial …
Vancouver Stock Exchange (January 27, 1992)
Both the VSE composite index and resource index continued to gain ground during the period ended Jan. 21. The composite index added 14.38 points to close at 600.15 while the resource index edged up by…