Hol-Lac amends agreement
Hol-Lac Gold Mines (CDN) and White Plains Resources (VSE) have amended their agreement of Feb. 7, 1992. Under the new agreement, Hol-Lac can participate up to 10% in the Gilbert wollastonite project i…
News
GOLD FUNDS (September 28, 1992)
BGR Central Net Value $8.66 $5.10 Price $7.00 $4.95 Discount 19.2% 2.9% Value $51,235,000 $83,280,285…
NEWS ROUNDUP — Founder sampling Jellicoe property
A surface sampling program is under way on Founder Resources’ (VSE) 100% owned Blackwater gold property near Jellicoe, Ont. A 2,000-ft.-long mineralized zone will be tested with 70-100 short plugger d…
First hole hits at Petaquilla
The first hole drilled by Adrian Resources (VSE) at the Petaquilla project in Panama returned a 968.2-ft. interval grading 0.71% copper, plus minor gold, silver and molybdenum values. It was a good st…
NEWS IN BRIEF (September 28, 1992)
The International Iron and Steel Institute, based in Brussels, will hold its 26th annual conference in Tokyo, Oct. 5-7.
LETTERS TO THE EDITOR — B.C. ignores promising anomaly
Sustainable mining requires continuing explorations especially along certain stratigraphic zones found to be ore-bearing in one locality, like the Faro belt in Yukon. I have worked extensively with so…
PEOPLE — DESSIR RESOURCES — Stuart Rogers and Kevin Wu
Noted geophysicist Philip Hallof, who specialized in induced polarization (IP), died Sept. 21. He was 61. Born in Missouri, Hallof earned his doctorate at the Massachusetts Institute of Technology in …
TORONTO STOCK EXCHANGE INDICES (September 28, 1992)
Sept.22 Sept.21 Sept.18 Sept.17 Sept.16 High Low Composite”300″3402.82 3419.98 3444.95 3446.05 3553.82 4009.47 3009.91 Metals&Minerals 2900.21 2934.56 2917.65 2956.21 2944.58 3453.06 2502.63 Integrate…
Goldstack finds new zones in Utah
Two new mineralized zones, the Klewit zone and the Centennial prospect, have been found adjacent to Goldstack Resources’ (VSE) Yellowhammer copper-gold property in Gold Hill, Utah. The Klewit zone, ab…
NEWS ROUNDUP — Trillion launches Zimbabwe program
A 10,000-metre drill program is under way on the 50% owned Jena Mines property in Zimbabwe, reports Trillion Resources (ASE). Using two rigs, Trillion is testing the Lioness zone, about one kilometre …
Mines ministers seek consensus on industry’s future
A trio of mines ministers will spearhead plans to pull together mining, governments and other interest groups to create an action plan for the troubled industry, the Yukon’s mines minister said during…
METAL PRICES — FREE MARKET (September 28, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept. 22 Sept. 21 Sept. 18 Sept. 17 Sept. 16 Copper 1404-1405 1417-1419 1382-1385 13…