News



Formation adds to Sunshine holdings

The acquisition of 68 claims in the Idaho cobalt belt expands the holdings of Formation Capital (VSE) at its Sunshine project. Three main target areas — Sunshine, Lion and Northfield — now combine t…


Eldorado updates Colorada reserves

Bermuda-based Eldorado (TSE) has calculated a new estimate for reserves at La Colorada, an open-pit, heap-leach gold mine in Mexico’s Sonora state. The proven and probable figure for two deposits — E…


Commodity index on rise

A large jump in metals and forest product prices resulted in a 2.2% increase in the Bank of Nova Scotia’s commodity price index in January, the sixth consecutive monthly gain. The bank’s all-items ind…




Black Swan funds Brazilian projects

A private placement is expected to provide Black Swan Gold Mines (TSE) with $1.2 million, which it will use to acquire and develop the Santa Helena and Novo Mundo gold prospects in Brazil. The placeme…


GOLDFUNDS (March 13, 1995)

BGR Central Net Value $15.83 $6.30 Price $13.25 $6.375 Discount 16.29% Premium 1.2% Value $123,856,000 $115,383,038…


Murgor reports results from two more holes

Junior Murgor Resources (VSE) has reported results from two additional holes drilled on the Barry Twp. gold property in northwestern Quebec. Hole 95-2, collared 82 ft. south of hole 95-1, intersected …


ODDS’N’SODS — Assembling the right team

They had been commissioned by the syndicate formed by Karl Springer and “Doc” Kidd to prospect and explore for gold and silver in the Coast Range Mountains, north of Stewart, B.C., during the summer o…


Greenstone ups gold resource

Gold producer Greenstone Resources (TSE) has almost doubled the gold resource contained within the San Andres project in Honduras. The resource rose to 1 million oz. after completion of a 2,500-metre …


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