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TSE SHORTS (April 17, 1995)

Semi-monthly reports as of Mar. 31, 1995 showed 242,778,008 shares of 777 issues compared with 228,987,690 shares of 784 issues on Mar. 15, 1995. Larger individual positions included: Aber Res. 50,200…


Paramount advances projects

Exploration programs are planned for the mineral projects of Paramount Ventures & Finance (VSE) in the Northwest Territories and Argentina. The junior holds varying interests in joint ventures compris…


Geddes raises cash by offering

A rights offering is expected to raise $1.6 million for Geddes Resources (TSE). The company plans to use some of the proceeds to fund its working capital deficit. Shareholders will be able to buy one …


Viceroy sinks debt, focuses on Africa

With a prepaid shipment of gold from the Castle Mountain mine in northern California, Viceroy Resources (TSE) has eliminated its gold loan 14 months ahead of schedule. The shipment amounted to about 9…


Metallica closes mine purchase

The purchase of a Mexican company provides Metallica Resources (CDN) with exposure to the famous Cerro San Pedro mining district. The Toronto-based junior now holds options to buy 25 concessions, tota…


Partners boost Yanacocha stake

Following a court ruling in their favor, Newmont Gold (NYSE) and its Peru-based partner, Buenaventura, will increase their ownership of the Yanacocha gold mine. The move comes after an attempt by Bure…


Cominco, Rio Amarillo test Bolivian silver projects

Partners Cominco Resources International (TSE) and Rio Amarillo (VSE) report that drilling is progressing on their Chachacomiri silver project near Potosi, Bolivia. Two diamond drill holes have been c…


Opawica performs sampling program

In southwestern Ghana, Opawica Explorations (TSE) is carrying out field work on two reconnaissance licences. Soil sampling is under way on the northeastern portion of the 1,500-sq.-km Enchi-Wiawso pro…


Tombstone active in Venezuela

Plans to acquire a copper-gold project in Honduras are not likely to cause Tombstone Exploration (TSE) to shift its focus away from Venezuela. The Vancouver-based junior holds several properties in th…


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