New zone uncovered at Golden Bear mine
News from the Golden Bear mine in northwestern British Columbia has taken a turn for the better with the discovery of a new zone of gold mineralization during ramp tunneling to the Grizzly zone. Owner…
News
Vein extended at Isle Dieu
Surface stripping on the Isle Dieu property near Matagami, Que., has extended, by 400 ft., the known strike length of the gold-bearing Edith vein. Explorations Minieres du Nord (ME) says three samples…
Atlas options Gold Bar interest to Homestake
Under an agreement with Atlas (NYSE), San Francisco-based Homestake Mining (TSE) can earn a 60% interest in 450 claims on the southern portion of the Gold Bar property near Eureka, Nev. Homestake must…
PEOPLE — SEINE RIVER (October 17, 1994)
C. Hoffman appointed director.
PEOPLE — SILVER BUTTE
Peter Lewis appointed director.
PEOPLE — DA CAPO (October 17, 1994)
Michael Schuler appointed exploration manager; Ing Corder appointed chief geologist of Bolivian operations.
PEOPLE — GOLD CITY (October 17, 1994)
Robert Miller appointed director.
PEOPLE — AQUATERRE (October 17, 1994)
Chester Johnson appointed director.
PEOPLE — PACIFIC RIM (October 17, 1994)
Gerald Phillips appointed director and interim president; Druval Westcott, Douglas Ward and Arnold Poetker appointed directors.
Centurion reports reserves of 600 million tons at S. Tintic
Salt Lake City-based Centurion Mines (NASDAQ) reports a drill-inferred geologic reserve of 600 million tons grading 0.28% copper (3.4 billion lb.) for its South Tintic project near Eureka, Utah. Indep…
World Wide defines open-pit reserve
Drill results indicate that the Easter property in Nevada hosts an open-pit reserve of 1.5 million tons averaging 0.069 oz. gold per ton. Three holes drilled by owner World Wide Minerals (TSE), in the…
Spot prices at a glance (October 17, 1994)
Week’s Price (US) Change Gold* $388.20 – $3.95 Silver* $5.51 – $0.09 Platinum* $416.75 – $0.75 Nickel** $2.98 + $0.08 Lead** $0.29 $0.00 Copper $1.13 – $0.01 Zinc $0.47 $0.00 Courtesy of Scotiabank. I…