NEWS ROUNDUP — Placer to drill Oregon gold play
A 5,000-ft. program is to begin shortly on the Stockade Mountain gold property in Oregon, report partners Placer Dome U.S. (a unit of Toronto-listed Placer Dome) and Carlin Gold (ASE). The drilling wi…
News
X-Cal options Nevada lease near Gold Spar
Toronto-listed X-Cal Resources is expected to acquire a privately owned 1,500-acre mineral lease next to its Gold Spar property on the Battle Mountain gold trend in Nevada. To do so, it will pay the M…
STOCK MARKETS — Speculation pushes volatile TSE gold index
The Toronto Stock Exchange’s gold and silver index took off during the week ended July 27 as bargain-hunters moved in to shore up the sector. After sliding more than 1,000 points from a 1993 high of 9…
INSIDER TRADING — Two Madeleine officers sell shares in
Two officers of Madeleine Mines (TSE) (now called North American Palladium) exercised options and sold shares in June. According to the Ontario Securities Commission’s OSC Bulletin, officer Peter Blun…
Toronto Stock Exchange Indices (August 02, 1993)
— Week — Jul 27 Jul 26 Ju1 23 Jul 22 Jul 21 High Low Composite”300″ 3911.60 3869.49 3830.19 3838.50 3867.38 3912.10 3827.35 Metals&Minerals 2924.74 2883.27 2854.62 2838.87 2847.75 2925.01 2830.35 In…
NEWS IN BRIEF (August 02, 1993)
Skyline Gold Corp. (SKX:VSE) has changed its name to Skycreek Minerals (SKM:VSE) with no consolidation of capital. Skyline transferred its mineral properties to 431637 B.C. Ltd. in exchange for NSR ro…
Auriginor drills at Dubuisson play
Exploration is under way at the Dubuisson gold property near Val d’Or, Que., Exploration Auriginor (ME) reports. The company, formerly known as Consolidated Cache d’Or Resources, says drilling will ta…
TSE Short Positions (August 02, 1993)
Semi-monthly reports as of July 15, showed 82,360,427 shares of 728 issues compared with 80,138,215 shares of 704 issues on June 30. Larger individual positions included: Aber 107,000, down 25,000; Ag…
NEWS ROUNDUP — Loubel options Messeguay play
A Quebec-based junior has acquired from Messeguay Mines (ME) an option to earn a half interest in the Verneuil gold property near Quevillon, Que. Loubel Exploration (ME) may earn its interest by spend…
DIAMOND PAGE — DHK results represent next milestone in
At presstime, investors were eagerly awaiting results of recent drilling on property held by DHK Resources in the Lac de Gras area. The DHK group of companies, along with partner Kennecott Canada, has…
Inco completes TVX transaction
Nickel miner Inco (TSE) has sold its 61.9% interest in TVX Gold (TSE) to a group of Canadian underwriters led by Wood Gundy and Burns Fry. Proceeds from the sale, after underwriting commissions, total…
USMX may buy Idaho ground
NASDAQ-listed USMX has the right to acquire about 10,000 acres of patented and unpatented mining claims in the Thunder Mountain mining district of central Idaho. The agreement covers the Thunder Mount…