Fort Knox plans 2 more holes
Another two holes will be drilled to test the nickel-copper zone on Fort Knox Gold Resources’ (TSE) property in Fawcett Twp., near Shining Tree, Ont., before the company runs out of exploration funds….
News
Valerie seeks funds for drilling
On completion of a financing, Valerie Gold Resources (VSE) plans to conduct further work on its Mega, Gold and Boot claims in the Fish Lake area of southwestern British Columbia. The company recently …
LETTERS TO THE EDITOR (April 06, 1992)
Regarding the article “Meikle may signal end to easy’ Nevada finds” (T.N.M., Feb. 24/92) by David Scott, I find it disturbing that your newspaper propagates the common misconception that Nevada is “pi…
Emerging countries stand to benefit
The global economy of the 1990s will mean increased trade and investment in emerging countries on the principle of sustainable development, a trend which international experts predict may result in re…
Keevil purchases shares of Aur (April 06, 1992)
Teck (TSE) Chairman Norman Keevil recently proved himself a believer in Aur Resources (TSE) by investing $25,000 in shares of the 21%-owned affiliate of Teck and Cominco (TSE). According to the Ontari…
Acheron, Jordex plan drilling (April 06, 1992)
A 12-hole, 6,000-ft. drilling program is expected to begin shortly on the Wan property on northern Vancouver Island. Jordex Resources (VSE) will complete a 55% earn-in on the property from Acheron Res…
GOLD FUNDS (April 06, 1992)
BGR Central Net Value $7.81 $5.06 Price $7.38 $4.450 Discount 5.62% 12.1 Value $46,524,000 $74,868,135…
No excitement from Joutel drill results
Aur Resources (TSE) vice-president Howard Stockford said he is mildly encouraged by results from six holes completed on the Joutel Resources (TSE) copper property at Joutel, Quebec. With a right to ea…
Musto bids successfully for Argentine project
International mining opportunities are being actively pursued by both juniors and majors these days, but the first to venture into Argentina appears to be Vancouver-based International Musto Explorati…
TORONTO STOCK EXCHANGE INDICES; NEWS IN BRIEF (April 06, 1992)
Berglynn Resources Inc. (BGN:VSE) has changed its name to Arkona Resources Inc. with a consolidation of capital on a 1-new-for-2-old-share basis.
KWG, Soquem in option deal
An option to earn up to a 50% interest in the Louvax property in Louvicourt Twp., Que., has been acquired by Soquem from property owner KWG Resources (ME). Soquem, the Quebec Crown mining exploration …
PRODUCER PRICES (April 06, 1992)
ALUMINUM: MW U.S. market US59.75-60.75 cents per lb. (Mar. 5, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$2.80-3.00 per lb. (Mar. 5, 1992). CADMI…