News


Gold Fund invests in Greenstone

The Emerging Market Gold Fund (EMGF) intends to buy US$5 million worth of Greenstone Resources’ (TSE) convertible preferred shares and will be granted warrants to buy US$5 million of that company’s co…


Bre-X encouraged by drill results

Exploration of three projects in Indonesia is yielding encouraging results for Bre-X Minerals (ASE). At the Busang prospect in East Kalimantan (on the island of Borneo), two holes drilled into the Sou…


Skyline drilling Aztec property

Drills are turning on the Aztec property in the northeastern Mexican state of Coahuila. International Skyline Gold (VSE), 70% owner, says the first hole of the planned 4,500-ft., 14-hole program confi…


Monarch pours first gold

At its annual meeting, Monarch Resources (TSE) revealed that it has already begun pouring gold at the Camorra mine in Venezuela’s El Dorado region. The mine, which has probable reserves of more than 4…


Goldcorp boosting production

With interests in three gold mines and plans to expand gold production, Goldcorp (TSE) has risen above the ranks of the juniors to achieve intermediate-size status. The increase in the company’s pro f…



Manson Creek acquires Venezuelan assets

Toronto-listed Manson Creek Resources can buy all the shares of Bolivariana de Mineria, a Venezuelan company, in return for issuing 250,000 shares and paying $143,880 cash. Bolivariana has a 75% inter…


Pan American acquires Hog Heaven silver play

The recent acquisition of the Hog Heaven property in Montana represents a first step for Pan American Minerals (TSE) to become a pure silver company. The junior is headed by Ross Beaty, also president…



TSE INDICES (July 11, 1994)

— 1994 — Jul 5 Jul 4 Jul 1 June 30 Jun 29 High Low Composite”300″ 4053.56 4053.56 n/a 4025.25 4028.20 4609.93 3518.31 Metals&Minerals 3660.06 3637.87 n/a 3569.93 3562.25 3879.59 3273.56 Integrated M…


Shaft deepening at Sleeping Giant

Reserves have increased significantly and the shaft is being deepened at the Sleeping Giant gold mine 80 km north of Amos, Que. Joint owners Cambior (TSE) and Aurizon Mines (TSE) report that 145,000 t…


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