Prime Equities targets Peace River
Promoter Murray Pezim’s Prime Equities International (VSE) is making a splashy entrance into the diamond exploration business by applying for mineral prospecting permits covering about 4.1 million acr…
News
PRODUCER PRICES (December 21, 1992)
ALUMINUM: MW U.S. market US54.50-55.25 cents per lb. (Dec. 4, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Princeton plans Mexican acquisition
A proposed merger with Chutine Resources (VSE) in concert with an agreement with Mexican interests is expected to give Princeton Mining (TSE) a 100% interest in a private Mexican company. The private …
NEWS IN BRIEF (December 14, 1992)
Eagle Pass Resources Ltd. (EGP:VSE) has changed its name to Starcore Resources Ltd. (SOE:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust Co….
Caledonia sells Richmont shares
Net proceeds of about $1.5 million were realized by the sale of its 1.36 million shares of Richmont Mines (TSE), says Caledonia Mining (TSE). Richmont reported gold production of 14,162 oz. during the…
Tri Origin placement
Toronto-based Tri Origin Exploration (TSE) has raised at least $550,000 through a private placement of 440,000 units at $1.25 per unit, the company reports. Each unit consists of one common share and …
No trump deal
An agreement to acquire a 100% interest in 993059 Ontario Inc. from Kenora Prospectors & Miners (CDN) and a Toronto investor group has been cancelled, Trump Reserve Minerals (ASE) reports. Trump also …
Australia holds conference on health, safety
Minesafe International 1993 will be held in Perth, Western Australia, March 21-26. Focus is on occupational health and safety in the minerals industry. The conference is organized by the Chamber of Mi…
GOLD FUNDS (December 14, 1992)
Gold Funds as of Dec. 8 BGR Central Net Value $7.795 $5.16 Price $6.38 $4.65 Discount 19.79% 9.9% Value $45,602,000 $78,232,995…
Orco to drill three properties
Quebec junior Orco Exploration (ME) has announced that it will commence drilling on three properties in the Rouyn-Noranda area of Quebec within the next few weeks. The first program will be undertaken…
Skyline reviews funding options
After winding down exploration efforts at its claims in the Iskut River area of northwestern British Columbia this past summer, Skyline Gold (TSE) is reviewing its exploration and financing options fo…
Summer drilling work increases Williams Creek copper
As a result of this summer’s drilling on the Williams Creek copper-oxide deposit near Carmacks, Yukon, partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) have upped preliminary reser…