News


Index (September 11, 1995)

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Financing (September 11, 1995)

Alpetro Res. — 3,000,000 shs @ 10 per sh.Houston Lake M’g — 2,500,000 shs @ 10 per sh.Madrona M’g — 2,000,000 shs @ 15 per sh.Mart Res. — 1,350,000 shs @ 15 per sh.Miner River Res. — 1,500,000 sh…


Tarp Lake shapes up, assays pending

A 5-hole drill program has wound down on the Tarp Lake gold project near Pickle Lake, Ont.The project is funded by Avalon Ventures (VSE), which can earn a 49% interest from operator Inmet Mining (TSE)…



William readies Velardena for spring production

Backed by a recent feasibility study and $8 million in its treasury, William Resources (TSE) has begun production development at its wholly owned Velardena silver-gold project in Mexico.The property, …


Early payback for Royal Gold in Nevada

Six months ahead of schedule, Royal Gold (NASDAQ) has completed payments enabling it to acquire a 20% interest in the Crescent pit at the South Pipeline deposit in Nevada.The remainder of the deposit …



Barrick to drill Paula Cecilia project for Jordex

Under a joint-venture agreement in Brazil, Barrick Gold (TSE) has begun drilling 1,000 metres on the Paula Cecilia property of Jordex Resources (TSE).The deal covers nine of Jordex’s gold exploration …


Drilling intensifies at Taurus project

Exploration efforts are gaining speed at the Taurus gold project near Cassiar in north-central British Columbia.Two diamond drills are currently turning, and Cyprus Amax Minerals (NYSE) is about to ad…


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