Akiko, Bradner option Nevada claims
Exploration activity is heating up in Nevada’s Crescent Valley area where Placer Dome (TSE) is advancing the Pipeline and South Pipeline gold deposits. The most recent entrants in the region are Akiko…
News
NEWS ROUNDUP — Sleeping Giant startup planned
The Sleeping Giant gold mine north of Amos, Que., is on schedule to recommence operations in May, Aurizon Mines (TSE) reports. The mine will operate at a monthly production rate of 14,350 tons from Ju…
GUEST COLUMN — If and what if no stone is unturned
Many a parent read to the child, decades ago, Kipling’s inspirational poem “If.” It set out an almost overwhelming list of admirable characteristics — clear thinking, self-confidence, honesty, creati…
Lakehead to study amethyst at Panorama
Color, grades and other facets of the Panorama amethyst mine at Thunder Bay, Ont., will be studied by Lakehead University over a 3-year period. The study, which includes gemstone marketing, involves O…
PROFESSOR KRIGE RESPONDS
With reference to “Kriged Variances Fatally Flawed (September, 1992), I want to draw the author’s attention to several facts of which he is evidently not aware: 1. Effectively, geostatistics originat…
LATIN AMERICA ROUNDUP — Princeton drops Mexican project
After carrying out a drill program which confirmed grade but not tonnage, Princeton Mining (TSE) announced it will not proceed with plans to acquire the Luz del Cobre copper deposit in Mexico. The pro…
STOCK MARKETS — Soaring gold index continues to defy
While gold has barely budged from the US$330-per-oz. level since the beginning of 1993, The Toronto Stock Exchange’s gold and silver index has soared by 15%. The index continued that rally during the …
STOCK MARKETS — Market activity reflects broadened
Western markets remained relatively active during the report period ended noon today, Feb. 24, with investor interest now encompassing more than just diamond exploration activity in the Northwest Terr…
Gold Funds (March 01, 1993)
BGR Central Net Value $8.81 $4.99 Price $6.88 $4.75 Discount 21.97% 4.8% Value $49,357,000 $79,915,425.
Spot prices at a glance (March 01, 1993)
Week’s Price (US Change Gold* $330.35 – $1.15 Silver* $ 3.60 – $0.11 Platinum* $346.75 – $21.50 Nickel** $ 2.82 + $0.01 Lead** $ 0.19 $0.00 Copper $ 1.00 $0.00 Zinc $ 0.48 $0.00 Courtesy of Scotiabank…
Financing (March 01, 1993)
Breckenridge Res. Ltd. 1,000,000 units @ 65 cents per unit where each unit consists of 1 sh and 2 wts. 2 Series A wts to purchase 1 sh. Plus an over-allotment of 150,000 units @ 60.125 cents per unit….
Noranda, Soquem search for zinc
A minimum 2,000 ft. of drilling on the Leeds property near Thetford Mines, Que., will be conducted by Noranda Exploration and Soquem to test the shallow depth potential of zinc mineralization discover…