Alberta Stock Exchange (February 03, 1992)
Shares of Horseshoe Gold Mining doubled in value during the week ended Jan. 28 as the company announced a joint venture on its Willow Creek gold property in Nevada. Coeur Explorations, a subsidiary of…
News
Speculation runs high on Cortez-Robertson
A recent gold discovery on the Cortez joint venture owned 60% by Placer Dome (TSE) helped push Coral Gold’s (VSE) share price to new highs on speculation the deposit may extend on to an adjoining prop…
New Eskay deal for Placer, Corona
The latest round of discussions between a tougher Placer Dome (TSE) and a more-willing-to-compromise International Corona (TSE) culminated in a new deal for development of the Eskay Creek deposit nort…
Cal Graphite, Takla settle litigation
An agreement to settle a lawsuit between Takla Star Resources (ASE) and Cal Graphite (VSE) has been reached, the companies report. However, Takla says it will continue its lawsuit against E.J. Blancha…
Royal Oak acquires Broulan
Vancouver-based Royal Oak Mines (TSE) recently purchased the interests of Belmoral Mines (TSE), Cabre Exploration (TSE) and Wrightbar Mines (ME) in 58 claims containing the former Broulan and Porcupin…
PRODUCER PRICES (February 03, 1992)
ALUMINUM: MW U.S. market US52.25-55.00 cents per lb. (Jan. 16, 1992). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CAD…
Glimmer financing cancelled
A private placement of 25 units with Georgia Pacific Securities has been cancelled, says Glimmer Resources (VSE). Proceeds of $125,000 from the placement would have helped Glimmer pay for its share of…
Spot prices at a glance (February 03, 1992)
Week’s Price (US) Change Gold* $355.40 – $1.45 Silver* $ 4.16 – $0.10 Platinum* $346.50 + $6.75 Nickel** $ 3.48 – $0.09 Lead** $ 0.23 $0.00 Copper $ 0.99 + $0.02 Zinc $ 0.53 + $0.00 Courtesy of Scotia…
Minnova completes Izok Lake purchase
Toronto-based Minnova (TSE) recently completed the purchase from Falconbridge of a 100% interest in the Izok Lake and Hood River properties as well as a 60% stake in the Gondor property. Under a previ…
Princeton, government discuss Cassiar’s fate
The British Columbia government is continuing discussions with management of Princeton Mining (TSE) to determine the fate of Cassiar, B.C., a small community near the Yukon border where Princeton subs…
Drilling continues at Battle zone
A recent hole drilled by Westmin Resources (TSE) at the east edge of the newly discovered Battle zone encountered three intersections of ore-grade material. The drilling is part of an effort to expand…
Vancouver Stock Exchange (February 03, 1992)
The VSE composite index managed a gain of about 20 points during the week ended Jan. 28 while the resource index reversed course, slipping 13.32 points to close at 512.36. Gold finished the period unc…