Firesteel plans drill program
Exploration will begin in mid-July on the Zo lead-zinc-gold-silver property in the Tulsequah region of northwestern British Columbia. The property, owned by Firesteel Resources (ASE), has not been dri…
News
Minorca financing Terneras work
Vancouver-listed Minorca Resources is issuing 380,000 common shares in a private placement at 79 cents per share. The junior will use the $300,200 in proceeds to complete a feasibility study of its Te…
LAST BUT NOT LEAST — Eurus gets payment extension
Junior Eurus Resource (VSE) has been granted a 4-week extension to pay US$1.6 million owed to Crystallex International. The payment is one of a series Eurus is required to make to maintain its option …
Television series to focus on mining
The Quebec Mining Association will be involved in the production of eight half-hour television shows about mining in Quebec and Canada. The series will be shown on Radio-Canada this summer and on Radi…
Huckleberry infill returns high grade
A drill hole at the Huckleberry property near Kemano, B.C., has returned a 787-ft. intersection, from 113 ft. to 900 ft., averaging 0.83% copper. Owner New Canamin Resources (VSE) reports that the hol…
STOCK MARKETS — Gold holds its own despite markets’ slump
Three factors — rising interest rates, a falling Canadian dollar and continuing uncertainty over the prospect of Quebec separating from the rest of the country — all combined to give western players…
STOCK MARKETS — Separatism fears hit sour note on Bay St.
Fears over Quebec separation continued to exert downward pressure on money markets, with the Toronto Stock Exchange (TSE) posting its sixth loss in the past seven days. The TSE 300 index dropped 8.19 …
METAL PRICES — FREE MARKET (June 20, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date June 14 June 13 June 10 June 9 June 8 Copper 2393-2395 2397-2398 2371-2373 2386-2387 2370-2371 Lead 534.5-535 529-530 523-524 520-521 51…
Auction raises funds for gallery
An auction organized by the Walker Mineralogical Club raised more than $5,000, which will help finance construction of the Earth Sciences Gallery of the Royal Ontario Museum in Toronto. Donating items…
Mine safety standards recognized
For the fifth consecutive year, Highland Valley Copper has won the John Ash Safety Award for having the best safety record for open-pit mines operating at more than a million man-hours per year. The l…
PEOPLE — BYG NATURAL RES. (June 20, 1994)
J. Slack appointed director and president; J. Smith appointed director and vice-president of operations (Mt. Nansen project).
PEOPLE — CANYON RES. (June 20, 1994)
Cheryl Martin appointed director of investor relations.