Spot prices at a glance (April 06, 1992)
Week’s Price (US) Change Gold* $343.75 + $2.50 Silver* $ 4.15 + $0.04 Platinum* $360.25 + $6.75 Nickel** $ 3.41 + $0.13 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.58 + $0.03 Courtesy of Scotiaba…
News
Miners must fight criticism
Regarding John Sadowski’s letter (T.N.M., Mar. 16/92), it’s easy to criticize and it seems that is what everyone would rather do than put their shoulders to the wheel and help to correct the sad state…
PEOPLE (April 06, 1992)
Donald Perks appointed president, chief executive officer and director; U. Leyner appointed director.
Witte to speak at CIM lunch
The chairman of Royal Oak Mines, Peggy Witte, will address the April 23 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum. Witte will speak on the topic of “…
Mining for Miracles
Donald McLeod, newly appointed chairman of “Mining for Miracles,” will launch this year’s fundraising campaign in April. Last year the drive raised more than $400,000 for Children’s Hospital in Britis…
Kalahari options Nano project in Mexico from Northern Crown
Albert Applegath’s Kalahari Resources (VSE) recently entered into an option agreement to earn 100% of the Nano oxide copper-gold property near Alamos, Mexico, from Northern Crown Mines (VSE). Kalahari…
Pegasus acquires interest in Australian gold producer
The purchase of 38.4 million treasury shares of Zapopan NL gives Pegasus Gold (TSE) a 35% interest in the Australian miner’s 111 million outstanding common shares. Pegasus paid A65 cents per share for…
Canmine drills two properties
Two more holes on Canmine Resources’ (CDN) FER property north of Flin Flon, Man., have intersected narrow lenses of polymetallic massive sulphide. Holes FER-5 and FER-6, collared 165 ft. apart, return…
NEWS IN BRIEF (April 06, 1992)
Gunnar Gold Mining Corp. (GGO:ASE) has changed its name to Attn Aveca Entertainment Corp. with a consolidation of capital on a 1-new-for-10-old-share basis. The transfer agent is Montreal Trust.
U.S. REPORT (April 06, 1992)
A recently completed drilling program on the Middlemarch project in Cochise Cty., Ariz., returned mixed results for Toltec Resources (VSE) and Westpride Industries (VSE). Toltec can earn a 60% interes…
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 …
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…