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LD FUNDS

Gold Funds as of Apr. 20 BGR Central Net Value $17.42 $6.78 Price $14.75 $7.375 Premium 8.8% Discount 15.33% Value $141,531,000 $133,482,338…




PEOPLE — ARGYLE VENTURES

Hugo Calderon appointed chairman; Tas Li appointed president and chief executive officer; Ernesto Lasalle appointed vice-chairman; Andrew Nevin, Daniel Plumley and Steven Pettit appointed directors.


Aur downgrades reserves at Louvicourt significantly

With just a few months left until startup, Aur Resources (TSE) has stunned the mining community by downgrading reserves at its Louvicourt base metal project, near Val d’Or, Que., by 41% Following Aur’…


Armistice issues rights for purchase

Shareholders of Armistice Resources (ME) have been issued rights to buy one share for each four shares held, at a price of 18 cents. The rights were issued to shareholders of record on April 8, 1994, …


LAST BUT NOT LEAST — AMR completes placement

A private placement consisting of 43 million shares at 50 cents each has been arranged by Alberta-listed Advanced Material Resources (AMR). Proceeds from the $21.5 million placement will enable AMR to…


Hot hole reported from Damoti Lake play

Drilling on the Damoti Lake project north of Yellowknife, N.W.T., has returned the highest-grade hole to date. Hole D-43 intersected 6.7 ft. (from 271.0-277.7 ft.) grading 0.26 oz. gold per ton plus a…


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