News

Great Lakes gets second Mexican project

Toronto-listed Great Lakes Minerals can acquire a second gold property near Mocorito in Mexico’s Sinaloa state. The project, known as Palmarito, covers 832 hectares and hosts a past-producing gold-sil…


GOLD FUNDS (June 13, 1994)

Gold Funds as of June 6 BGR Central Net Value $17.86 $6.85 Price $15.38 $7.50 Premium 9.5% Discount 13.92% Value $145,115,000 $135,744,750…



NO HEADLINE (June 13, 1994)

A fine of $470,00 has been levied against Noranda Minerals for safety violations in the death of an Ontario miner. Noranda was convicted April 18 of three counts under the Occupational Health and Safe…



NEWS ROUNDUP — Crystallex strikes Albino deal

Junior Crystallex International (VSE) has reached an agreement with Eurus Resources (VSE) to acquire all of the Albino property in southeastern Venezuela. In return for transferring its right to a hal…



GSC steps in at Ft. MacKay

The Geological Survey of Canada (GSC) is assuming an active role in the northeastern Alberta exploration play that has attracted such companies as Lac Minerals (TSE), Tintina (TSE), NSR Resources (TSE…




Breakwater expands zones in N.W. Que.

Surface drilling has expanded several gold zones on Breakwater Resources’ (TSE) East Amphi property near Malartic, Que. Previous surface and underground exploration had established a mineral inventory…



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