NEWS ROUNDUP — Sharpe, Freewest program
Drill-testing is planned for the Jump River project in north-central Wisconsin. The objective is to test for possible extensions of the Bend and Horseshoe deposits and to test nearby geophysical condu…
News
NEWS ROUNDUP — Bolivar cuts Cuban deal
An agreement with the Cuban government gives Bolivar Goldfields (VSE) a half interest in the exploration and development of four concessions in that country. The properties comprise more than 7,900 sq…
METAL PRICES (December 05, 1994)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne…
NEWS ROUNDUP — Minefinders options property
Toronto-based Minefinders (VSE) can obtain the Lista Negra silver property in Mexico’s Sonora state. Sampling by means of a hammer percussion drill has returned up to 23.05 oz. silver per ton from a s…
NO HEADLINE (December 05, 1994)
Price (US) Week’s Change Gold* $382.35 ” $2.15 Silver* $5.08 ” $0.09 Platinum* $409.60 ” $0.90 Nickel** $3.64 + $0.20 Lead** $0.29 ” $0.01 Copper $1.36 + $0.10 Zinc $0.51 ” $0.01 Courtesy of Scotiaban…
Kinross, Kassan focus on Tanzania
Two companies — Kinross Gold (TSE) and affiliated junior Consolidated Kassan Resources (VSE) — have completed a share purchase and option agreement with East African Mines (EAM), a private company t…
Asia Pacific works potash deposit
Vancouver-listed Asia Pacific Resources continues to develop the Udon Thai potash deposit near Bangkok, Thailand. The junior holds a 75% interest in the 2,333-sq.-km concession, its partners being the…
Da Capo drills Capa Circa
Gold values are reported from a drilling effort on the Capa Circa project in Bolivia. Da Capo Resources (VSE) holds an option (expiring in early 1996) to acquire the property for US$4.8 million. Capa …
Nesbitt, Bancomer work out deal
Investment dealer Nesbitt Burns has negotiated an arrangement with a Mexican investment bank which will permit the firms to market each other’s equity and fixed-income products in their own home count…
OBITUARY — Ted Arnold
A metallurgical engineer and part owner of the J&L mining property in British Columbia, Theodore (Ted) Arnold died recently in New Jersey. He was 89. A native of Vancouver and a graduate of the Univer…
Tax incentives aid advances in technology
Many companies are not taking full advantage of the Scientific Research & Experimental Development (SR&ED) tax credit program. Costs that companies incur in the ongoing process of advancing technologi…
Black Pine drilling extends zone
A drilling crew at the Black Pine project in east-central Idaho has delineated more than 16,000 ft. of mineralized strike length. Property owner Formation Capital (VSE) has identified 13 zones along t…