News


Pegasus’ quarterly output jumps

A production record of 64,200 oz. gold was set by Pegasus Gold (TSE) for the 1992 first quarter, a 56% increase over the 41,100 oz. produced during the comparable 1991 period. The Spokane-based compan…


Gibraltar amends Newcoast agreement

The amendment to the property interest agreement between Newcoast Silver Mines (VSE) and Gibraltar Mines (TSE) clears the way for a 19,300-ft. diamond drilling program on the Gibraltar North zone this…


INSIDER TRADING (May 11, 1992)

Wheaton River Minerals (TSE) Chairman Ian McDonald continues to be one of the junior resource industry’s most active insiders. In any given week, McDonald’s name usually appears in the Ontario Securit…


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…


GOLD FUNDS (May 04, 1992)

Gold Funds as of Apr. 28 BGR Central Net Value $7.54 $4.99 Price $6.00 $4.400 Discount 20.41% 11.8% Value $44,887,000 $74,026,920…


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…


NEWS IN BRIEF (May 04, 1992)

Delta Star Resources Inc. (DLS:VSE) has changed its name to Accord Financial Corp. with a consolidation of capital on a 1-new-for-5-old-share basis.


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…


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…


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…


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…


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