Toronto Stock Exchange Indices (August 02, 1993)
— Week — Jul 27 Jul 26 Ju1 23 Jul 22 Jul 21 High Low Composite”300″ 3911.60 3869.49 3830.19 3838.50 3867.38 3912.10 3827.35 Metals&Minerals 2924.74 2883.27 2854.62 2838.87 2847.75 2925.01 2830.35 In…
Articles by Northern Miner Staff
NEWS IN BRIEF (August 02, 1993)
Skyline Gold Corp. (SKX:VSE) has changed its name to Skycreek Minerals (SKM:VSE) with no consolidation of capital. Skyline transferred its mineral properties to 431637 B.C. Ltd. in exchange for NSR ro…
Auriginor drills at Dubuisson play
Exploration is under way at the Dubuisson gold property near Val d’Or, Que., Exploration Auriginor (ME) reports. The company, formerly known as Consolidated Cache d’Or Resources, says drilling will ta…
Formation drilling at Black Pine
With an initial phase of drilling now complete, Formation Capital (VSE) recently began a second phase at its Black Pine property near Salmon, Idaho. It has also staked additional claims surrounding th…
Gold Reserve on TSE
Gold and diamond explorer Gold Reserve (NASDAQ) has been granted conditional approval for listing on the Toronto Stock Exchange. Subject to completion of certain requirements, the common shares of Gol…
Drilling program set for Beaufor
A 3-month, $900,000 exploration program is to begin at the Beaufor gold property near Val d’Or, Que., partners Aurizon Mines (ME) and Louvem Mines (ME) report. The program, designed to increase reserv…
Eskay Creek contract awarded
An engineering contract for the Eskay Creek project has been awarded to Davy International, a member of the engineering division of Trafalgar House. Situated north of Stewart, B.C., the gold/silver/ba…
Lyndex issues shares
Toronto-based junior Lyndex Explorations (CDN) plans to issue $5 million in series B special shares on a private basis. The special shares will be convertible into common shares at $1 each and, under …
LATIN AMERICAN ROUNDUP — $4.7-million program at Petaquilla
A $4.7-million exploration program by Adrian Resources (VSE) will include about 15,000 metres of drilling to define known deposits further and continue testing several discovery areas on the Petaquill…
LATIN AMERICAN ROUNDUP — Zappa acquires Ecuador ground
By issuing 6.8 million common shares, Zappa Resources (VSE) plans to acquire 14 mineral property interests in Ecuador. On closing, 2.5 million shares will be issued to shareholders of Prominex, the Ec…
NEWS IN BRIEF (July 26, 1993)
Cal Graphite Corp. (CGP:VSE) has changed its name to Applied Carbon Technology, Inc. with no consolidation of capital.
Ambitious Kinross buys Falconbridge Gold
Toronto-based Kinross Gold (TSE) is on its way to becoming a new player on the Canadian gold mining scene. Just last month the company purchased two U.S. gold mines for US$16.8 million (see separate s…