Crystallex sweetens Eurus deal
An amendment to the previously announced merger of Eurus Resource (VSE) and Crystallex International (VSE) sweetens the pot for Eurus shareholders.They will now receive one share and one warrant of Cr…
News
Verdstone, Amcorp land moly property
Partners Amcorp Industries (VSE) and Verdstone Gold (VSE) are acquiring a molybdenum project in British Columbia in return for $5,000 plus 100,000 shares each.The companies are conducting additional s…
New CaribGold showing in Cuba
Surface work at the Sierra Maestra Oriental gold concession in eastern Cuba has uncovered a new discovery, CaribGold Resources (TSE) reports.Mapping and airborne geophysics, along with rock sampling, …
Transpacific plans drilling program
Drilling is planned by Transpacific Resources (TSE) for a gold-copper property in the Kirkland Lake area of northeastern Ontario.Induced-polarization surveys in the northwestern part (Instant Creek) o…
Gold Funds (May 01, 1995)
Gold Funds as of Apr. 25BGRCentralNet Value$17.50$6.98Price$14.63$7.00Discount16.41%Premium0.3%Value$136,790,000$126,695,100…
Hemlo options play in northern Quebec
Toronto-listed Hemlo Gold Mines (TSE) can earn a half interest in the 77-claim Ligneris gold property, near Amos, Que., from joint owners Placer Dome (TSE) and La Societe d’exploration miniere Vior (M…
Strike plans work for new project
A work program is planned for the recently acquired Nicopor base metal property north of Schreiber, Ont., Strike Minerals (CDN) reports.The junior has been negotiating a possible joint venture for the…
Toronto Stock Exchange Indices (May 01, 1995)
— 1995 –Apr 25Apr 24Apr 21Apr 20Apr 19HighLowComposite”300″4281.104280.744258.104249.984283.334320.523983.34Metals&Minerals4104.804137.574068.924029.934098.234337.893273.5…
LETTERS TO THE EDITOR — Mines minister replies to government criticism
The Commentary article by Steve Parry (“Liberal promises not kept,” T.N.M., April 17/95) contains several inaccuracies. I would like to set the record straight.At the outset, the overriding priority i…
Cusac restarts Table Mountain mill
Milling has resumed at the Table Mountain gold mine in northern British Columbia.Owner Cusac Industries (TSE) shut down the 300-ton-per-day mill last fall so that it could focus on outlining additiona…
Yamana, Noranda explore Fin del Mundo project
As the search for base metals becomes more and more difficult, many Canadian exploration companies are venturing farther and farther abroad.Exemplifying this trend are Yamana Resources (TSE) and Noran…
Murgor drilling continues
More assay results were released by Murgor Resources (VSE) from drilling on its gold property in Quebec’s Barry Twp.The junior reported results from seven holes of its second-phase, 8-hole program. Al…