Beauchamps cuts copper-gold values
The first hole (92-1) of a program at the Sustut project 30 miles south of the Kemess area in British Columbia cut 121 ft. (from 43 ft. to 164 ft.) grading 0.6% copper and 0.025 oz. gold per ton, incl…
The first hole (92-1) of a program at the Sustut project 30 miles south of the Kemess area in British Columbia cut 121 ft. (from 43 ft. to 164 ft.) grading 0.6% copper and 0.025 oz. gold per ton, incl…
Semi-monthly reports as of July 15, showed 26,202,288 shares of 573 issues compared with 25,849,622 shares of 590 issues on June 30. Larger individual positions included: Aber Res. 68,500, down 49,700…
The mention of age-dating may raise a few chuckles in some circles. But it really doesn’t have anything to do with pensioners going out with one another. Age-dating is the serious business of determin…
Shareholders of Homestake Mining (NYSE) voted 92% in favor of a proposal to issue about 37.3 million common shares to acquire International Corona (TSE). Homestake received the necessary shareholder a…
The Casa Berardi mine in Quebec was excluded from a list of Canada’s top 12 gold mines in a recent story (T.N.M., July 6/92). Owned by TVX Gold (TSE) and Golden Knight Resources (TSE) through a 60-40 …
Lac Minerals (TSE) says it has reduced its gold hedge position to 704,000 oz. from 2.4 million oz. The company’s average hedged price increased to US$407 per oz. from US$378.
After a 1-year drilling and evaluation program at the Andacollo copper-gold property in northern Chile, Placer Dome (TSE) says it is pulling out of the project. Placer paid US$1.2 million for the righ…
The proceeds of a recent private placement will be used by a wholly owned subsidiary of Princeton Mining (TSE) to explore and drill a newly optioned copper property in Chile. Last May, Minera Princeto…
A final payment of US$790,000 by Minera Roca Roja SA de CV, a 50% owned subsidiary of Red Rock Mining (VSE), has resulted in the former claiming 100% ownership of the Amelia gold property near Magdale…
Stephen Roman, president of Exall Resources (TSE), has acquired an option to purchase Denison Mines’ (TSE) interest in Exall. In a separate agreement, Exall has arranged a private placement of shares …
Vancouver-based Jordex Resources (VSE) says its subsidiary Tiwanacu has been selected by Combiol to enter final negotiations concerning joint venture production from the Bolivar zinc-silver mine in Bo…
Just months after its revival on the Vancouver Stock Exchange, Toronto-based Canadian Overseas Exploration (VSE) has recovered 2,293 diamonds weighing a total of 1,096 carats from its joint venture op…
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