Spot prices at a glance (April 06, 1992)
Week’s Price (US) Change Gold* $343.75 + $2.50 Silver* $ 4.15 + $0.04 Platinum* $360.25 + $6.75 Nickel** $ 3.41 + $0.13 Lead** $ 0.24 $0.00 Copper $ 1.01 $0.00 Zinc $ 0.58 + $0.03 Courtesy of Scotiaba…
News
Galico to drill at Hurdman Twp.
Galico Resources (VSE) plans to drill five holes on Noront Resources’ (VSE) property in Hurdman Twp., Ont., before spring breakup. The program is designed to test the strike and depth potential of Nor…
NEWS ROUNDUP (April 06, 1992)
With financial support from the provincial and federal governments, Renfrew Gold Contracting is taking a bulk sample from its gold property in Nova Scotia. The ore extracted from the surface will be p…
Alberta Stock Exchange (April 06, 1992)
Another round of encouraging assays from the Bellas Gate property in Jamaica pushed Trev Corp up a penny to 20 cents for the week ended March 31. Results include 320 ft. grading 0.46% copper and 0.005…
New wash plant for Sikaman project (April 06, 1992)
A floating wash plant at the Goldenrae alluvial gold project in eastern Ghana, Africa, has failed to perform to specification and will be replaced this year by a new facility, shareholders of Sikaman …
Keevil purchases shares of Aur (April 06, 1992)
Teck (TSE) Chairman Norman Keevil recently proved himself a believer in Aur Resources (TSE) by investing $25,000 in shares of the 21%-owned affiliate of Teck and Cominco (TSE). According to the Ontari…
Acheron, Jordex plan drilling (April 06, 1992)
A 12-hole, 6,000-ft. drilling program is expected to begin shortly on the Wan property on northern Vancouver Island. Jordex Resources (VSE) will complete a 55% earn-in on the property from Acheron Res…
Conversion boosts Jordex position
A partnership controlled by Brian Hinchcliffe, the president of Jordex Resources (VSE), and the Ampac Group increased its position in Jordex to more than 2 million shares, or about 21% of the company….
Netolitzky expects 25% jump in Brewery Creek reserves
Ongoing exploration at the Brewery Creek project near Dawson City, Yukon, could increase the property’s reserve base by as much as 25%, says Ron Netolitzky, director of Loki Gold (VSE). Speaking at a …
FUTURES PRICES (April 06, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Apr 101.70 101.20 101.65 + 0.15 May 101.70 101.10 101.65 + 0.25 Jul 101.15 100.80 101.10 + 0.10 SILVER (in US cen…
Unlisted Trading (April 06, 1992)
After trading in the 50-70 cents range on strong volume, Canmine Resources closed unchanged at 50 cents for the week ended March 31. Two additional holes on the company’s FER property in northern Mani…
Toronto Stock Exchange (April 06, 1992)
Taking their cue from Teck (TSE) and its chairman, Norman Keevil, investors moved into the market during the week ended March 31 to buy up shares of Aur Resources. Teck has shown confidence in Aur by …