1992


FINANCING (August 10, 1992)

Swannell Minerals Corp. – 2,250,000 shs offered @ 40 cents per sh. Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.



NEWS IN BRIEF (August 10, 1992)

Redwood Resources Inc. (RDW:VSE) has changed its name to Trooper Explorations Ltd. (TPP:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.


LATIN AMERICA — Tuina running smoothly: Mahogany

Startup troubles at the Tuina copper mine in northern Chile, which went into operation in March, have been rectified, International Mahogany (TSE) reports. Direct operating costs at the project, which…




METAL PRICES — FREE MARKET (August 03, 1992)

London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 28 July 27 July 24 July 23 July 22 Copper 1320-1321 1327-1328 1340-1341 1342-13…


Golden Rule, Hixon in agreements

Joint venture agreements between affiliates Golden Rule Resources (TSE) and Hixon Gold (VSE) have paved the way for further exploration on the Graveyard and Nation River projects in British Columbia. …


Canmine to drill Fer property

Drilling on Canmine Resources’ (CDN) Fer property northeast of Flin Flon, Man., is scheduled to resume in August. Canmine will focus on the Spruce and Yak zones where previous drilling to a maximum de…


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…


Court dismisses Habsburg motion

A motion to appoint an independent mine manager and freeze operating profits from the Dome Mountain project near Smithers, B.C. was recently dismissed by an Ontario court. The court has appointed a ch…


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