Spot prices at a glance (September 14, 1992)
Week’s Price (US) Change Gold* $343.10 + $2.70 Silver* $ 3.75 + $0.03 Platinum* $362.40 + $6.90 Nickel** $ 3.12 – $0.13 Lead** $ 0.29 $0.00 Copper $ 1.11 – $0.02 Zinc $ 0.63 – $0.01 Courtesy of Scotia…
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FINANCING (September 14, 1992)
Cons. Texas Northern Min. Ltd. – 600,000 shs @ 25 cents per sh. Navarre Res. Corp. – 1,400,000 units with a minimum subs. of 1,000,000 units where each unit consists of 1 sh and 1 Series A Sh Purchase…
GOLD FUNDS (September 14, 1992)
BGR Central Net Value $8.33 $4.89 Price $6.88 $4.65 Discount 17.46% 4.9% Value $49,371,000 $78,232,995…
TORONTO STOCK EXCHANGE INDICES (September 14, 1992)
Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 High Low Composite”300″3451.95 NA 3456.82 3453.24 3436.71 4009.47 3009.91 Metals&Minerals 2938.25 NA 2965.44 2981.61 2971.86 3453.06 2502.63 Integrated Mines306…
Casino, Williams Creek deposits potential Yukon copper mines
Two extremely different copper deposits in the Yukon stand a good chance of reaching the production stage in the next few years. Proponents of both the Casino copper-gold-molybdenum deposit and the Wi…
U.S. REPORT — Drilling starts at Golden Summit
A 5,000-ft. reverse circulation drill program by Freegold Recovery (VSE) is now under way on the Golden Summit property 20 miles north of Fairbanks, Alaska, and adjacent to the Fort Knox gold project …
Newfoundland Ex. acquires claims
Calgary-based Newfoundland Exploration (TSE) has acquired a 50-sq.-km exploration licence in the North Labrador Trough, 90 km southwest of Fort Chimo, Que. The junior says it is negotiating with a maj…
Musto explores Argentine deposit
Major companies are giving Argentina’s mineral potential a closer look now that a capitalist revolution has taken root in the South American country. But the first foreign company to begin a major min…
Majors drilling Gold Giant projects
Surface drill programs will be carried out this summer to test previously defined gold and polymetallic targets on the Nizi and Snoball properties in northwestern British Columbia. The program on the …
Sudbury Contact finds second pipe
A second kimberlite pipe has been found by Sudbury Contact Mines (TSE) in the Kirkland Lake area of northeastern Ontario, the junior says in its quarterly report to shareholders. A 63-kg sample, taken…
U.S. REPORT — Positive results from Cresson drilling
A recent hole drilled by a unit of Nerco Minerals returned more than 0.5 oz. gold per ton over a drilled interval of 305 ft. from the Cresson project in the historic Cripple Creek mining district near…
Limited partnership changes would alter Imperial structure
The corporate structure of Imperial Metals (TSE) should become more simple if negotiations are successful to acquire certain limited partnership interests it does not currently own. A German firm rece…