News


T&H report on exploration

T&H Resources (TSE) says its Damoti Lake property in the Northwest Territories has been brought to lease. Limited sampling on the shore of Damoti Lake proved disappointing. However, geophysical work a…





NEWS ROUNDUP — Aur sells shares

Underwriters Richardson Greenshields of Canada and Wood Gundy have agreed to sell five million shares of Aur Resources (TSE) at $5.60 per share. Teck (TSE) and Cominco (TSE), which hold a pre-emptive …




Spot prices at a glance (January 10, 1994)

Week’s Price (US) Change Gold* $394.00 + $8.35 Silver* $ 5.23 + $0.14 Platinum* $397.00 + $8.50 Nickel** $ 2.39 – $0.03 Lead** $ 0.21 – $0.01 Copper $ 0.79 – $0.03 Zinc $ 0.45 + $0.01 Courtesy of Scot…


Work ongoing at properties of Silver Trend

Underground drilling has been completed at the Silver Strand gold-silver mine in Idaho’s Coeur d’Alene district. Silver Trend Mining (SpOTC) says six holes were drilled: two through the known orebody,…


Nuinsco completes financing deal

Under a new agreement, Nuinsco Resources (TSE) will reduce its working capital deficiency to $840,000 from $3.5 million. The company will sell 2.4 million treasury shares to Winoro, an investment comp…


Gold moves again

Hardly a few days old, the new year picked up where the old one left off. Gold fever struck investors as bullion prices broke through the US$395-per-oz. resistance level. And gold seems poised to brea…


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