TORONTO STOCK EXCHANGE INDICES (April 26, 1993)
Apr.20 Apr.19 Apr.16 Apr.15 Apr.14 High Low Composite”300″3663.34 3663.22 3651.86 3634.23 3629.85 4009.47 3009.91 Metals&Minerals 2870.30 2882.32 2893.89 2859.17 2855.20 3453.06 2502.63 Integrated Min…
Articles by Northern Miner Staff
LATIN AMERICA ROUNDUP — Manson, Athlone in loan agreement
Calgary-based Manson Creek Resources (TSE) has agreed to lend Athlone Resources (VSE) $150,000, secured by a convertible debenture, which will carry an interest rate of 10% per annum and have a 5-year…
Diamond find by DHK fuels frenzy of trading
Western markets exploded in a frenzy of buying following the release of exploration results from the WO property in the Lac de Gras area of the Northwest Territories. The Vancouver Stock Exchange comp…
GOLD FUNDS (April 26, 1993)
Gold Funds as of Apr. 20 BGR Central Net Value $9.74 $5.22 Price $9.00 $5.12 Discount 7.62% 1.8% Value $54,568,000 $86,224,538…
White River lawsuit settled
The dispute over ownership of the White River claims was recently settled, joint venture partners Akiko Gold Resources (VSE) and Gold Giant Minerals (VSE) report. The claim group consists of 720 units…
Gold Vessel samples prospect
Sampling at the CHOCO-6 property in the El Callao district of Venezuela has indicated the presence of surface gold anomalies, Gold Vessel Resources (ASE) reports. A mineralized area 7 km long and 2 km…
STOCK MARKETS — Speculative money pours into N.W.T. diamond
Diamonds added a distinctive sparkle to the Toronto Stock Exchange during the week ended April 20, as investors rushed to take part in speculation associated with a new diamond find in the Northwest T…
Active quarter on the ASE
Record activity was experienced by the Alberta Stock Exchange during the first quarter. Volume during the 3-month period, at 431 million shares, was 97% higher than one year ago. The value of shares t…
Wilkie drilling uncovers sulphides
An intersection of sulphide mineralization has been encountered by Noranda Exploration at a property near Timmins, Ont. The discovery was made on a 26-claim block in Wilkie Twp., 70 km east of that ci…
Underground program for SB project
A $520,000 underground program will begin mid-May on the SB joint venture near Stewart, B.C. Costs will be shared equally by partners Tenajon Resources (VSE) and Westmin Resources (TSE). In 1991, the …
Myanmar prospects
The Gold Potential of Myanmar (Burma). A Compilation & Assessment of Published Geological Data, by R. Rumbold et Associes, P.O. Box 13, Kingbridge, Devon TQ7 1NS, U.K. More than 60 pages of text. US$3…
DHK discovery boosts Lac de Gras potential
Another significant diamond find in the Northwest Territories has removed any remaining doubts about the potential for economic deposits outside the 800,000-acre block held by partners Dia Met Mineral…