1992

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…


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…




Drilling planned for Brewery Creek

The global reserve potential of the Brewery Creek property near Dawson, Yukon, will be further evaluated this fall by partners Hemlo Gold Mines (TSE) and Loki Gold (VSE). A first-phase $400,000 progra…


Victoria options Mexican gold project

A Mexican property considered prospective for a bulk-tonnage gold deposit was recently optioned by Victoria Resource (VSE), which staked additional acreage surrounding the original claim block. The le…


NEWS ROUNDUP — Founder samples return gold, zinc.

Bulk samples taken from Founder Resources’ (VSE) 100% owned Blackwater property near Jellicoe, Ont., have returned polymetallic mineralization over an average width of 4 ft. Sample J406, for example, …


MINER DETAILS — Leaving gold to the juniors

Frustrated with a lethargic gold price and the difficult task of maintaining reserves, some of Canada’s largest gold producers are turning to base metals for future growth. Placer Dome has made no sec…



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