United Keno resumes drilling at Elsa
At the Silver King mine in the Yukon, United Keno Hill Mines (TSE) has confirmed the downdip continuation of mineralization previously mined in 1989. The drilling is part of a program designed to iden…
News
Cachet options nickel project
Junior Cachet Enterprises (VSE) can earn a half interest in the Canalask nickel property in southwestern Yukon from Expatriate Resources (VSE). It can do so by spending $250,000 in 1994, $375,000 in 1…
Roycefield drills two antimony plays
A 3,000-metre drill program to test three antimony geochemical anomalies has resumed at Roycefield Resources’ (ASE) Beaver Brook property in central Newfoundland. Deeper drilling will be carried out o…
Juneau to host 1995 conference
The Alaska Miners Association will host a 3-day conference in Juneau next year focusing on mining in the future. The theme of Conference Juneau 1995, scheduled for April 19-21, will be “From the Klond…
GOLD FUNDS (October 03, 1994)
Gold Funds as of Sept 26 BGR Central Net Value $18.13 $6.87 Price $16.00 $7.25 Premium 5.5 Discount 11.74% Value $147,279,000 $131,219,925…
Joutel set to drill three Cuban gold discoveries
Drilling is scheduled to begin shortly in Cuba on three new gold discoveries belonging to Joutel Resources (TSE). The first discovery, La Zona Barita, is on the Sierra Maestra concession in the southe…
STOCK MARKETS — Gold sector outshines TSE composite index
A strengthening gold sector and stable U.S. interest rates did little to boost the Toronto Stock Exchange over the 5-day report period ended Sept. 27. The composite 300 index dropped 16.09 points to e…
STOCK MARKETS — Majors benefit from bullion’s price rise
Gold took a couple of runs at the US$400-per-oz. level over the report period ended Sept. 27, settling in the area of US$397. The bullion action appeared to help major producers while the junior marke…
Geomaque completes drilling at San Francisco project
A 75-hole, 6,000-metre program of definition drilling has been completed at Geomaque Explorations’ (TSE) San Francisco gold project in Mexico’s Sonora state. The program was designed to provide additi…
Wiens addresses London symposium
Continued support for the uranium industry depends on the public’s belief that the sector is committed to strict environmental protection standards, Saskatchewan’s environment minister said recently i…
Athabaska in option deal for Ladner Creek mine
Toronto-listed Athabaska Gold Resources (TSE) can acquire the assets of the Ladner Creek gold mine near Hope, B.C. The assets include a 1,500-ton-per-day gold processing mill and a tailings pond. Unde…
SEC moves to counter securities industry fraud
SEC Chairman Arthur Levitt told a congressional panel that the SEC will make the examinations over the next 6-8 months, Knight-Ridder reports. SEC will visit “scores” of securities branch offices duri…