Greenstone develops Santa Rosa gold mine
With a keen interest in developing gold mines in the district, Greenstone Resources (TSE) has decided to start up its second Latin American producer. The wholly owned Santa Rosa mine in Panama is to b…
News
LAST BUT NOT LEAST — Antilles exploring Janice concessions
Soil sampling on the Janice I and II concessions in Venezuela’s Bochinche gold district has returning encouraging results for Antilles Resources (VSE). The sampling on Janice I returned anomalous gold…
NEWS IN BRIEF (April 04, 1994)
Zicton Gold (ZGL:ASE) has changed its name to Saddle Mountain Mining (SLD:ASE) on a share-for-share basis.
LAST BUT NOT LEAST — Globex finds more gold at Tarmac
Three holes have intersected additional gold mineralization at Globex Mining’s (ME) Tarmac property in Dubuisson Twp., Que. Hole G-94-13 intersected 0.5 ft. averaging 1.52 oz. gold per ton at a depth …
LAST BUT NOT LEAST — Arequipa plans funding
With fundraising plans in place, Arequipa Resources (VSE) expects to boost its interest in Peruvian-based Acuarios Minera y Exploradora to 50% from 20%. Arequipa acquired the initial 20% interest last…
LETTER TO THE EDITOR — Fenton Formula revived
The article “Timely proposal: a new gold standard” (T.N.M., March 7/94) is of interest to me. My article “The Fenton formula,” published in 1984, is much better than “Timely proposal” and is practical…
U.S. Antimony producing again
Having avoided bankruptcy, United States Antimony is again producing gold on a small scale. More than 250 oz. per month is being produced from its Yellowjacket property in central Idaho. (The mill is …
TSE Short Positions (April 04, 1994)
Semi-monthly reports as of Feb 28, 1994 showed 66,356,166 shares of 807 issues compared with 68,492,494 shares of 808 issues on Feb 15, 1994. Larger individual positions included: Aber 192,700; Adrian…
COMMENTARY — A near-hopeless zinc situation
Despite the many closures that have already occurred, zinc fundamentals continue to be characterized by gross oversupply. We are concerned that producers are still deciding to increase output and redu…
STOCK MARKETS — Resource issues keep pace in western
Considering the turmoil experienced by major markets in Toronto and New York, western markets fared relatively well during the report period ended March 29. Although the Vancouver Stock Exchange compo…
NEWS ROUNDUP — Nora exploring Ghana concession
Partners Nora Exploration (ME) and Consolidated Manus Industries (VSE) have begun field work on their Kade diamond and gold concession in Ghana, West Africa. The property comprises 41.55 sq. km in the…
Loki ups tonnage at Brewery Creek
As part of an ongoing feasibility study of its Brewery Creek property, Loki Gold (VSE) has released a new estimate of the Yukon project’s geological resource. Based on a cutoff grade of 0.3 grams gold…