Placer drilling Shear property
A surface drill program by Placer Dome (TSE) will test two previously identified targets on the Shear property held by International Northair Mines (VSE) near Aspen Grove in south-central British Colu…
News
Spot prices at a glance (September 14, 1992)
Week’s Price (US) Change Gold* $343.10 + $2.70 Silver* $ 3.75 + $0.03 Platinum* $362.40 + $6.90 Nickel** $ 3.12 – $0.13 Lead** $ 0.29 $0.00 Copper $ 1.11 – $0.02 Zinc $ 0.63 – $0.01 Courtesy of Scotia…
FINANCING (September 14, 1992)
Cons. Texas Northern Min. Ltd. – 600,000 shs @ 25 cents per sh. Navarre Res. Corp. – 1,400,000 units with a minimum subs. of 1,000,000 units where each unit consists of 1 sh and 1 Series A Sh Purchase…
TORONTO STOCK EXCHANGE INDICES (September 14, 1992)
Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 High Low Composite”300″3451.95 NA 3456.82 3453.24 3436.71 4009.47 3009.91 Metals&Minerals 2938.25 NA 2965.44 2981.61 2971.86 3453.06 2502.63 Integrated Mines306…
STOCK MARKETS — Diamond stocks dominate Toronto market
Diamond issues emerged as mining stocks of choice during the week ended Sept. 8 as market players awaited further results from the Lac de Gras region and other active plays. But while Canadian investo…
Diamonds being sought in Guyana
Diamonds were first uncovered in the South American country of Guyana in 1887 and, according to Golden Star Resources (TSE), are found in some of the same areas that are being mined for gold (although…
STOCK MARKETS — Dia Met, Commonwealth gain on diamond
Both the Vancouver Stock Exchange resource and composite indices managed to reverse a general market downtrend during the week ended Sept. 8. The resource index gained almost 12 points to close at 562…
Diamonds mined in Russian north
As cold and inhospitable as the north of Russia may be, the area produces a significant amount of minerals, including diamonds from open pit operations lying on both sides of the Arctic Circle. It was…
Sampling south of Lake Superior
A 3-company joint venture is exploring for diamonds in the Lake Superior region of the Michigan-Wisconsin area of the U.S. Owner of a 51% interest in the project is Ashton Mining of Australia. Ashton …
U.S. REPORT — Inter-Rock buys gold explorer
Following shareholder approval, Inter-Rock Oil has purchased a numbered Ontario company with a gold prospect in Nevada and has changed its name to Inter-Rock Gold. Management is currently trying to ra…
U.S. REPORT — Second phase of exploration set for Silver
A second-phase exploration program will begin this fall on the Silver Butte mine property in Oregon. The program will be carried out by Formosa Resources (VSE), mine operator, with funding provided by…
U.S. REPORT — USMX extends Yankee life
Recent drilling results from the Yankee project have owner USMX (NASDAQ) predicting an extension to the mine’s life. The discovery is within the Yankee project near Ely, Nev., about two miles from the…