PEOPLE (April 06, 1992)
Donald Perks appointed president, chief executive officer and director; U. Leyner appointed director.
News
GOLD FUNDS (April 06, 1992)
BGR Central Net Value $7.81 $5.06 Price $7.38 $4.450 Discount 5.62% 12.1 Value $46,524,000 $74,868,135…
Ontario premier vows support for mining industry
The premier of Ontario took a positive approach in replying to the concerns expressed by the Save Our North campaign at the annual convention of the Prospectors and Developers Association of Canada in…
Aurex options Chilean tailings
Through the transfer of an agreement from Hughes Lang (VSE), Aurex Resources (VSE) has acquired an option on a large tailings project in Chile about 55 km southwest of Santiago. Hughes Lang signed a l…
Battle Mountain cuts 100 ft. of 0.17 oz. gold at Kirkland
A deep hole recently completed on Queenston Mining’s (TSE) Amalgamated Kirkland property at Kirkland Lake, Ont., has returned a 100.4 ft. interval grading 0.17 oz. gold per ton. Encountered at a verti…
Arimetco raising $25 million for acquisitions, development
Toronto-based cathode copper producer Arimetco International (TSE) is raising US$24.9 million for future acquisitions and for development of properties under its control. Midland Walwyn Capital and Sc…
Cusac negotiates Table Mt. purchase
A definitive option and sale agreement was recently signed by Cusac Industries (TSE) which gives the company the right to buy a 100% interest in the Table Mountain gold property near Cassiar, B.C., fr…
Others’ Words (April 06, 1992)
“I’m in the metal business. Other people till the soil and raise food. Other people cut down trees. We dig metals out of the ground and make them useful. We are the people who carry the rest of the wo…
Fort Knox plans 2 more holes
Another two holes will be drilled to test the nickel-copper zone on Fort Knox Gold Resources’ (TSE) property in Fawcett Twp., near Shining Tree, Ont., before the company runs out of exploration funds….
Valerie seeks funds for drilling
On completion of a financing, Valerie Gold Resources (VSE) plans to conduct further work on its Mega, Gold and Boot claims in the Fish Lake area of southwestern British Columbia. The company recently …
No excitement from Joutel drill results
Aur Resources (TSE) vice-president Howard Stockford said he is mildly encouraged by results from six holes completed on the Joutel Resources (TSE) copper property at Joutel, Quebec. With a right to ea…
Musto bids successfully for Argentine project
International mining opportunities are being actively pursued by both juniors and majors these days, but the first to venture into Argentina appears to be Vancouver-based International Musto Explorati…