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….
1992
Vancouver Stock Exchange (April 06, 1992)
Both the VSE resource and composite indices recorded gains during the period ended March 31. The composite index added 11.64 points to close at 665.36, while the resource index finished at 556.27, up …
GUEST COLUMN (April 06, 1992)
The Mineral Policy Sector (MPS) of Energy Mines and Resources Canada (EMR) is well known in the mineral industry. At the Centre for Resource Studies (CRS), we have been especially dependent on the MPS…
Sudbury Contact price jumps with diamond find at Kirkland Lake
Shares of Sudbury Contact Mines (TSE) jumped from 37 cents to 56 cents recently after the company announced the discovery of eight microdiamonds (diamonds with a diameter of less than 0.45 millimetres…
Morgain tests parallel zones
Recent drilling on Morgain Minerals’ (VSE) property in Coos Cty., N.H., has outlined weak base metal mineralization over a thickness of 750 ft. Holes 92-1 to 92-4 tested two parallel conductive zones …
U.S. REPORT (April 06, 1992)
A recently completed drilling program on the Middlemarch project in Cochise Cty., Ariz., returned mixed results for Toltec Resources (VSE) and Westpride Industries (VSE). Toltec can earn a 60% interes…
NEWS IN BRIEF (April 06, 1992)
Gunnar Gold Mining Corp. (GGO:ASE) has changed its name to Attn Aveca Entertainment Corp. with a consolidation of capital on a 1-new-for-10-old-share basis. The transfer agent is Montreal Trust.
Canmine drills two properties
Two more holes on Canmine Resources’ (CDN) FER property north of Flin Flon, Man., have intersected narrow lenses of polymetallic massive sulphide. Holes FER-5 and FER-6, collared 165 ft. apart, return…
Montreal Exchange (April 06, 1992)
The announcement of the discovery of a new gold-bearing zone at the old Siscoe mine property near Val d’Or, Que., propelled Aurochs Mining Exploration to near the top of the active list during the wee…
N.W.T. shipping study under way (April 06, 1992)
The Northwest Territories has taken another step towards establishing a shipping operation from Coronation Gulf on the Arctic coast by awarding The Canarctic Shipping Company a contract to complete a …
Foreign opportunities downplayed at PDAC
This year’s annual convention of the Prospectors and Developers Association of Canada attracted about 1,500 delegates and 800 exhibitors but the general mood seemed anything but upbeat. The convention…
Mining for Miracles
Donald McLeod, newly appointed chairman of “Mining for Miracles,” will launch this year’s fundraising campaign in April. Last year the drive raised more than $400,000 for Children’s Hospital in Britis…