Vangold drills Iron Colt vein
Recent underground drilling by Vangold Resources (VSE) on the Iron Colt property near Rossland, B.C., intersected 41.7 ft. grading 0.11 oz. gold per ton from 47.6-89.3 ft. The intersection includes an…
1992
NO HEADLINE (February 03, 1992)
Geotech Capital Corp. (GEO:VSE) has changed its name to Vector Venture Corp. (VVG:VSE) with a consolidation of capital on a 1-new-for-2.5-old-share basis.
FUTURES PRICES (February 03, 1992)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 98.70 96.30 98.60 + 2.05 Mar 99.30 96.75 98.90 + 1.95 Apr 97.10 97.10 98.85 …. SILVER (in US cents per oz.)…
Toronto Stock Exchange (February 03, 1992)
Shares of Agnico-Eagle Mines and affiliate Goldex Mines reacted to drill results from an area north of the LaRonde mine in Quebec during the week ended Jan. 28. News that Agnico had cut a 9.5-ft. inte…
Alberta Stock Exchange (February 03, 1992)
Shares of Horseshoe Gold Mining doubled in value during the week ended Jan. 28 as the company announced a joint venture on its Willow Creek gold property in Nevada. Coeur Explorations, a subsidiary of…
Drilling continues at Battle zone
A recent hole drilled by Westmin Resources (TSE) at the east edge of the newly discovered Battle zone encountered three intersections of ore-grade material. The drilling is part of an effort to expand…
Fort Knox reports anomalous values
Borehole SG-10 is in progress at the Fawcett Twp. base metal property of Fort Knox Gold Resources (TSE) in the Shining Tree area of northeastern Ontario and is targeted on a strong electromagnetic res…
Montreal Exchange (February 03, 1992)
A successful flow-through financing worth $350,000 was reported by Ressources Robex, which has a drilling program planned for the Baie Bateman copper-gold property in the Chibougamau, Que., area. Trad…
Langmuir nickel mine shuts down
The Langmuir No. 1 nickel mine near Timmins, Ont., has been put on temporary care and maintenance as a result of poor nickel prices and continuing losses, reports owner Timmins Nickel (TSE). Langmuir …
TORONTO STOCK EXCHANGE INDICES (February 03, 1992)
Jan 28 Jan 27 Jan 24 Jan 23 Jan 22 High Low Composite 300 3623.25 3628.50 3630.75 3624.53 3638.79 4009.47 3009.91 Metals & Minerals3140.55 3162.15 3136.31 3139.99 3161.98 3453.06 2502.63 Integrated Mi…
Renabie gold trust wraps up agreement
Final proceeds of production from the former Renabie gold mine, owned jointly by American Barrick Resources (TSE) and Corona (TSE), will be distributed to unitholders of the Renabie gold trust this mo…
Moneta stakes near Timmins
After re-evaluating a portion of a 1966 drill hole, Moneta Porcupine Mines (TSE) staked 16.8 square miles (269 units) in Loveland and MacDiarmid twps., northwest of Timmins, Ont. Recent assays from an…