TSE INDICES (October 04, 1993)
— Week — Sept 28 Sept 27 Sept 24 Sept 23 Sept 22 High Low Composite”300″ 3978.83 3983.82 3982.36 3970.86 3954.94 3984.31 3927.16 Metals&Minerals 2842.08 2853.37 2838.58 2842.45 2833.92 2866.65 2802….
News
FINANCING (October 04, 1993)
Teryl Resources Corp. — 800,000 units @ 54 cents.
Ballatar reports on Nevada drilling
A 6-hole reverse circulation program has been carried out by Ballatar Explorations (VSE) on the AR claims, near the Sleeper gold mine in Humboldt Cty., Nev. The 4,100-ft. program returned only trace a…
Rayrock award
Rayrock Yellowknife Resources (TSE) will receive the 1993 DuPont-Conoco Environmental Leadership Award, which honors exceptional environmental achievement in the hard rock mining industry. The announc…
Canary system
Three organizations involved in a joint research-and-development project have received an R&D 100 award for a wireless paging and emergency warning system for underground mines. The recipients are Nor…
Lac’s strategy involves boosting reserves
Toronto-listed Lac Minerals is spending more to increase gold reserves at existing mines and properties. At El Indio and Tambo in Chile, US$5 million will be spent in a multi-year campaign to boost re…
Wheaton trenches new gold zone
Still in the early stages of a $3.5-million exploration program, Wheaton River Minerals (TSE) has discovered new gold mineralization at its Golden Bear mine in the Yukon. The zone was uncovered when a…
Skyline acquires limestone interest
A purchase agreement with Auspex Gold (VSE) gives International Skyline Resources (TSE) the right to acquire half of an oolitic limestone deposit in Idaho. Skyline will pay Auspex $500,000 over a year…
Spirit outlines new oreshoot
Montreal-listed Spirit Lake Explorations says summer drilling on the Edward’s property near Wawa, Ont., has identified an additional high-grade oreshoot. This new carbonate zone grades 0.481 oz. gold …
Roycefield buys antimony property
Roycefield Resources (ASE) is buying the outstanding common shares of a New Brunswick company which holds a 56-claim antimony property near Grand Falls, Nfld. Antimony was originally discovered there …
Both underground and open pit at American Girl Equinox, MK
The American Girl mine in this desert region will have an extended life as deposits on the Oro Cruz portion of the property are brought on-stream by joint-venture partners Equinox Resources (TSE) and …
Barriers threaten metals trade
Barriers to trading of raw materials are becoming more common. Reflecting a growing impatience with the foot-dragging pace of monetary reform in Russia, the European Community (EC) has imposed a 60,00…