Azco drilling provides encouragement
A recent hole drilled by Azco Mining (VSE) on the Piedras Verdes copper project returned 440 ft. grading 0.71% copper from 0-444 ft., the best result encountered so far in the current drilling program…
News
LETTERS TO THE EDITOR — Mining vital to B.C.’s economy
The Round Table on the Economy has recognized that the resource sector will continue to be British Columbia’s underlying strength. Mining alone employs about 14,400 people directly in the province, wi…
Underground tour of Hollinger mine
Individuals concerned about the impact of mining on the environment are invited to visit the Hollinger gold mine at Timmins, Ont. The underground tour, available daily during the summer till September…
Flag seeks possible partner for Wanapitei deep drilling
Calgary-based Flag Resources (ASE) says it is discussing a potential joint venture with a company interested in drilling a 5,000-ft. vertical hole on the western magnetic peak of the Wanapitei anomaly…
Western, Thermal complete trenching
Partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) are encouraged by trenching results from zone 12 on the Williams Creek property northwest of Car-macks, Yukon. Five trenches, space…
Geddes offering
Hoping to raise up to $2 million through a rights offering is Geddes Resources (TSE). Shareholders of record on Aug. 6 may purchase an additional common share at 55 cents per share for each eight shar…
Glencairn, Kinbauri revise agreement
Under a revised agreement between Glencairn Explorations (TSE) and Kinbauri Gold (ASE), Glencairn can earn a 100% interest in the Alfie Creek kimberlite property near Kirkland Lake, Ont., by spending …
OSC hearing
The Ontario Securities Commission has scheduled a hearing Aug. 25 in Toronto related to certain business activities of Patrick Sheridan. To be dealt with by the hearing are allegations that Sheridan c…
Seniors, juniors make plans for Lac de Gras
Money continues to pour into the Lac de Gras diamond play in the Northwest Territories with both juniors and seniors launching exploration programs on the patchwork of properties that now covers more …
Republic looks to the Carolinas
Toronto-based Republic Goldfields (VSE) has entered into a letter of intent to acquire a package of five gold properties in North and South Carolina from Carolina Exploration and Carolina Mines, two p…
GOLD FUNDS (August 03, 1992)
BGR Central Net Value $8.64 $5.18 Price $7.75 $4.95 Discount 10.31% 4.40% Value $51,447,000 $83,280,285…
METALS MARKETS — South African tensions stir markets
Tensions are mounting as political blocs in South Africa jockey for power. The African National Congress (ANC) party, which has yet to demonstrate it can represent or govern democratically, upped the …