News

Toronto Stock Exchange Indices (September 27, 1993)

— Week — Sept 21 Sept 20 Sept 17 Sept 16 Sept 15 High Low Composite”300″ 3937.33 3952.80 3978.31 3988.06 3967.89 3990.76 3947.79 Metals&Minerals 2824.52 2824.22 2881.87 2953.95 2960.12 2965.21 2787….



Drilling permits for Matthews

Permits have been granted for a 10-hole program on the Matthews gold project, under option to Consolidated Ramrod Gold (TSE). The property lies within an area of gold-bearing reefs which are also host…


Petaquilla reserves expanded by drilling

Drilling on the Petaquilla property in Panama is steadily expanding reserves. Adrian Resources (VSE), manager of the exploration program, has a 20% indirect interest in the project and an option to ac…



Curragh’s control of assets slips

Time is running out for troubled Curragh (TSE), which lost control of virtually all its remaining assets at a recent court hearing in Toronto. Ontario Court Justice James Farley granted a request from…


NEWS ROUNDUP — Cambior acquires Grevet project

The Grevet zinc project in northwestern Quebec is now wholly owned by Cambior (TM/CBJ) The Val d’Or, Que.-based company has acquired Serem-Quebec’s 50% interest in Grevet, as well as the interests of …


Crown in Peru

VANCOUVER Crown Resources (TSE) has expanded its Latin American gold acquisition program into northern Peru. e company has applied for exploration and mining concessions in 10 areas, the most prospect…


High River options ground near Snow Lake

Under an agreement between High River Gold Mines (TSE) and Manitoba mining consultant Bruce Dunlop, High River can acquire two properties next to its Snow Lake gold project in northern Manitoba. One o…


NEWS ROUND-UP — Farallon drops Spanish, FAR

To conserve funds and concentrate on acquiring an undervalued, advanced-staged project, Farallon Resources (VSE) has elected to terminate option agreements on two projects. The company is dropping its…


NEWS ROUNDUP — Belmoral to buy oil and gas company

Toronto-based junior Belmoral Mines (ASE) has agreed to buy Langevin Resources, an oil and gas company managed by PanCanadian Petroleum (ASE). In connection with the acquisition, Belmoral will issue m…


NEWS IN BRIEF (September 27, 1993)

Bridger Resources (BDG: VSE) has changed its name to BDG Pacific Resources with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Pacific Corporate Trust.


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