Echo Bay takes up Baja option
The Mexican subsidiary of Echo Bay Mines (TSE) has reached an agreement to earn up to a 60% interest in the Paredones Amarillos gold project in Baja California Sur territory. Baja Gold (TSE) owns the …
News
PDAC convention set for early March
The Prospectors and Developers Association of Canada (PDAC) anticipates a large crowd for this year’s annual convention in early March at Toronto’s Royal York Hotel. More than 3,000 delegates are expe…
NEWS IN BRIEF (January 17, 1994)
Consolidated Golden Pyramid Resources (CBP:VSE) has changed its name to Data Dial International on a share-for-share basis.
PRODUCER PRICES (January 17, 1994)
ALUMINUM: MW U.S. market US53.00-53.75 cents per lb. (Dec. 30, 1993). ANTIMONY: MW New York dealer US76-80 cents per lb. (June 10, 1993). BISMUTH: MW New York dealer US$2.35-2.65 per lb. (Sept. 23, 19…
INSIDER TRADING — Vengold officers sell shares
Two officers of Venezuelan Goldfields (VSE) sold shares in November. According to the Ontario Securities Commission’s OSC Bulletin, officer and director Glenn Ives exercised 25,000 options at 50 cents…
Toronto Stock Exchange Indices (January 17, 1994)
— Week — Jan 11 Jan 10 Jan 7 Jan 6 Jan 5 High Low Composite”300″ 4447.43 4453.21 4420.66 4425.43 4401.08 4456.31 4286.54 Metals&Minerals 3605.15 3666.79 3628.37 3619.51 3594.26 3666.79 3495.59 Integ…
Spirit, Chesbar trenching hits gold
Spirit Lake Explorations (ME) and Chesbar Resources (TSE) have announced a spectacular intersection from a trench on La Salle concession in the Anacoco area of eastern Venezuela. Results from the firs…
Bre-X releases Indonesian drill results
Significant assay results have been returned from two holes on Bre-X Minerals’ (ASE) Busang gold prospect in East Kalimantan, an Indonesian province on the island of Borneo. During the recent program,…
Exall warrants exercised by holders
Shareholders of Exall Resources (TSE) have exercised warrants to buy 979,846 shares for proceeds of $736,362. The warrants were part of a 1992 Offering Memorandum which initially provided financing fo…
LAST BUT NOT LEAST….Gregor drills Hemlo property
Near-surface gold values were intersected by Gregor Goldfields (CDN) from two holes drilled on its property in Ontario’s Hemlo camp. The two holes were drilled to test a new mineralized structure asso…
LAST BUT NOT LEAST….Icon acquires Quebec zinc play
Junior Icon Resources (ASE) has agreed to acquire a 51% interest in the Hemmingford zinc property. The property, 35 miles south of Montreal, contains several geochemical zinc anomalies and has good po…
Recovery workers continue tough job clearing rock and debris
Having completed a crosscut to reach the 6723 stope at the Macassa gold mine of Lac Minerals (TSE) west of Kirkland Lake, Ont., recovery workers are clearing the loose material that resulted from rock…