Drilling of Boleo continues in Mexico
An initial phase of drilling has wound down on the Boleo copper-cobalt property in northwestern Mexico. Coeur d’Alene Mines (NYSE) is earning a half interest from International Curator (VSE) by spendi…
News
NEWS ROUNDUP — Cominco Resources ups Cerattepe
A drill program in 1993 has resulted in a higher reserve estimate for the Cerattepe property in Turkey. Cominco Resources International (TSE) says 52 holes were drilled on the Gossan zone, bringing th…
PEOPLE — ARROWHEAD RESOURCES
William Kraus appointed director; Robin Lockhart appointed chief financial officer.
PEOPLE — SARGON RESOURCES
George Cooper appointed president.
PEOPLE — LANSDOWNE MINERALS (December 20, 1993)
Raul Madrid appointed president.
PEOPLE — LAC MINERALS (December 20, 1993)
Michael Bates appointed president, Lac North America.
PEOPLE — ECHO BAY (December 20, 1993)
John Azlant elected senior vice-president, corporate development.
PEOPLE — GOLD RESERVE (December 20, 1993)
J. Potvin appointed director.
Financing (December 20, 1993)
Cambior — 5.5 million units @ $20.65. MSV Resources — 4.1 million Cl A shs issuable upon the exercise of special wts @ $2.20 per special wt. Summit Resources — 2,000,000 shs to be issued upon exerc…
Gold Funds (December 20, 1993)
Gold Funds as of Dec. 14 BGR Central Net Value $15.63 $6.40 Price $14.50 $6.750 Premium 5.5% Discount 7.24% Value $87,561,000 $122,170,275…
Lyndex plans metallurgical test
Lyndex Explorations (CDN) will soon begin metallurgical testing of samples from a gold property in Europe. The program, intended to verify previous results, will operate in conjunction with on-going b…
Menora completes Altai placement
Toronto-based junior Menora Resources (ME) has closed a private placement with parent Altai Resources (TSE). The placement, consisting of 1.6 million shares at 20 cents each, is expected to net $320,0…