News



World Wide pursuing Chinese exploration targets

In an effort to expand its exploration activities, World Wide Minerals (TSE) has struck a preliminary agreement with privately owned Taishan Gold. World Wide intends to buy Taishan from Toronto-based …


Pegasus suspends dividend

Spokane-based Pegasus Gold (TSE) has decided not to declare a year-end dividend. The company says that although it is financially strong, its resources are better deployed in new projects, minesite ex…


Freewest reshuffle gets green light

A proposed reorganization of Freewest Resources (TSE) and its subsequent amalgamation with Hemlo Gold Mines (TSE) has been approved by Freewest’s shareholders. Effective Dec. 15, all of Freewest’s ass…


Inco options two properties in Casa Berardi camp

An option to explore two of Glen Auden Resources’ (CDN) properties in northwestern Quebec has been acquired by Inco (TSE). One property consists of 24 claims in Casa Berardi Twp., while the other comp…


Murgor discovery near Chibougamou

A stripping and trenching program near Chibougamau, Que., has uncovered a significant zone of gold mineralization. The work, carried out by Murgor Resources (VSE), revealed a 100-130-ft.-wide, gold-be…



Custodianship of Brisas decided

Possession and control of the Brisas concession in Venezuela will remain with a subsidiary of Spokane-based Gold Reserve (TSE). The decision was made by the Supreme Court of Venezuela, which reaffirme…


GOLD FUNDS (December 26, 1994)

BGR Central Net Value $16.95 $6.48 Price $13.63 $6.75 Discount 19.60% Premium 4.2% Value $134,860,000 $117,210,038…


Boleo returns copper-cobalt values

Still more impressive copper-cobalt values are reported from a drill program at the Boleo project in Baja California Sur, Mexico. International Curator Resources (TSE), which has an option to acquire …


Summo boosts reserves

The resource estimate for the Lisbon Valley copper property in eastern Utah has doubled. mmo Minerals (VSE), which is acquiring the asset from a private owner, reports the new estimate as being 38.4 m…


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