Loki goes it alone at Brewery Creek
Junior Loki Gold (VSE) continues to work towards a Jan. 1, 1994, deadline for deciding whether it will initiate a feasibility study for its Brewery Creek gold project, 57 km east of Dawson City, Y.T. …
News
Gold Funds (September 27, 1993)
Gold Funds as of Sept. 21 BGR Central Net Value $12.78 $5.62 Price $11.00 $6.125 Discount 13.91% 9.0% Value $71,571,000 $110,858,213…
GSC releases kimberlite data for prairie region
The Geological Survey of Canada (GSC) has released kimberlite indicator mineral data for the Canadian prairie region. According to R.G. Garrett, co-ordinator of the survey, the results confirm that lo…
Taylor Rand acquires Montana gold claims
One patented and 25 unpatented claims near Virginia City, Mont., have been acquired by Taylor Rand (CDN) from privately owned Valley View Mining. The price: US$75,000. Taylor now holds 127 contiguous …
Magma cancels Azco investment
A difference of opinion between Azco Mining (TSE) and Magma Copper (NYSE) over capital and operating costs at the proposed Sanchez project in southeast Arizona has prompted the latter to drop plans to…
Additional results from CHOCO-6
Trenching and sampling are continuing at the CHOCO-6 property in Venezuela’s El Callao district. Trenching by Gold Vessel Resources (ASE) at both the Cerro Azul and Camp zones has outlined two subpara…
LAST BUT NOT LEAST — New zones at Bralorne
Soil-sampling and trenching on the Bralorne gold project in southern British Columbia has uncovered five gold zones to the northeast of the Fergusson overthrust. Avino Mines & Resources (VSE), owner o…
Gold City hits copper-gold at Midway
Reverse circulation drilling at the Midway project in southern British Columbia has encountered copper and gold mineralization. Three holes drilled to test a 100-ft.-wide shear zone on the Ket 28 prop…
Gulf Int’l courts Tajiks for properties
The government of Tajikistan has given Gulf International Minerals (VSE) the exclusive right to any of the hardrock projects in the former Soviet republic. The agreement, signed by the country’s presi…
Drilling permits for Matthews
Permits have been granted for a 10-hole program on the Matthews gold project, under option to Consolidated Ramrod Gold (TSE). The property lies within an area of gold-bearing reefs which are also host…
Petaquilla reserves expanded by drilling
Drilling on the Petaquilla property in Panama is steadily expanding reserves. Adrian Resources (VSE), manager of the exploration program, has a 20% indirect interest in the project and an option to ac…
MITEC gives boost to exploration research
The exploration technology division of MITEC (Mining Industry Technology Council of Canada) is becoming an active agency through which industry funds are transferred to research groups. Several resear…