Spot prices at a glance (April 17, 1995)
Week’s Price (US) Change Gold* $389.80 – $2.70 Silver* $5.34 – $0.02 Platinum* $449.50 – $8.00 Nickel** $3.31 – $0.15 Lead** $0.27 $0.00 Copper $1.34 $0.00 Zinc $0.48 $0.00 Courtesy of Scotiabank. Inf…
News
Expanded program for Royal Gold
American junior Royal Gold (NASDAQ) will expand its grassroots exploration on lands owned by Union Pacific (NYSE). In an extension of the original agreement, the company will look for gold, silver, pl…
Green light for tailings project
An arbitration tribunal has ruled in favor of Goldstake Explorations (TSE) regarding a joint-venture gold tailings project in South Dakota. The junior says project partner Homestake Mining (NYSE) has …
Eastfield exploring in Nevada
Preliminary exploration is under way on the Tonopah project of Eastfield Resources (VSE) in western Nevada. The optioned Hill-of-Gold deposit and 89 surrounding claims that constitute the project comp…
Mink lands exploration funds
A private placement will provide Mink Mineral Resources (VSE) with US$8.25 million to fund further work on projects in Mali, West Africa. The placement includes US$2 million through the sale of shares…
Gold values for Pamlico
Follow-up drilling on the Pamlico property in Mineral Cty., Nev., has returned gold values for partners Cactus West Exploration (VSE) and Pamlico Gold (VSE). The latter is earning a 51% interest by sp…
Independence to drill in Panama
Toronto-based Independence Resources (VSE) is poised to begin 500 metres of diamond drilling on its Chami concession in western Panama. Situated in Chiriqui province, the 16,500-hectare property cover…
St. Andrew files creditors’ plan
A formal “plan of arrangement” has been filed by St. Andrew Goldfields (TSE) in the Ontario Court of Justice (General Division) pursuant to the Companies’ Creditors Arrangement Act. The plan calls for…
Curator releases Boleo results
Drill results have been released from the Boleo copper-cobalt project in Baja California Sur, Mexico. In carrying out the 31-hole, 2,413-metre program, International Curator Resources (TSE) extended t…
Fosters plans second program
A second drilling program is planned for June at the Devil’s Pike gold project in New Brunswick. Fosters Resources (ASE) has drilled 16 holes representing 3,450 ft., which tested two vein systems in t…
Arequipa signs up Asarco
Junior explorer Arequipa Resources (VSE) has formed a joint venture with a major mining company. That company, Asarco (NYSE), can earn up to a 60% interest in nine newly formed Peruvian companies, eac…
Survey will clear boundary
An independent legal survey of the North 1 claim, owned by Ecstall Mining (VSE), will be carried out this summer. Measuring 300 by 2,000 ft., the property is in the vicinity of drilling being carried …