1992

Director John Lecky and major shareholder John Pope loaded up on shares of Hillsborough Resources (TSE) in September. Lecky bought 356,361 shares of the mining contractor for $2.28 to hold 1.32 millio…

Vancouver-based War Eagle Mining (VSE) has the right to acquire a 99% interest in the La Blanca property in Chihuahua, Mexico, by making staged payments totalling US$770,000. The property is subject t…

Two large porphyry copper-oxide projects belonging to Azco Mining (VSE), Piedras Verdes and Suaqui Verde, both in the Mexican state of Sonora, are candidates for development using solvent extraction, …

Chicago-based FMC Gold (NYSE) recently incorporated Minera FMC as a Mexican subsidiary to facilitate exploration efforts in Mexico. The company reports that it is encouraged by initial exploration eff…

Although best known for mineral projects in northern British Columbia, Granduc Mines (TSE) plans to buy a 25% interest in the advanced La Choya gold project in northwestern Sonora, Mexico. At last rep…

As an exploration and mining company that operates entirely outside Canada, Cominco Resources International (TSE) was ahead of the pack when Mexico recently opened its doors and made investment in the…

Fifteen drill holes have now been completed by Waddy Lake Resources (TSE) on their 100% owned Komis gold deposit near La Ronge, Sask. All 15 were infill holes drilled to increase reserves on the “C” z…

Week’s Price (US) Change Gold* $343.30 – $6.20 Silver* $ 3.71 – $0.04 Platinum*$355.00 – $4.00 Nickel** $ 2.84 – $0.17 Lead** $ 0.25 $0.00 Copper $ 1.02 – $0.01 Zinc $ 0.54 $0.00 Courtesy of Scotiaban…

A recently completed first-phase drilling program on the Talapoosa project in Nevada confirms the widespread gold mineralization intersected in previous drilling on the property. Pegasus Gold (TSE) co…

The 19-claim Vauquelin property 35 km east of Val d’Or, Que., has been sold to Inco (TSE), William Resources (ME) and Claude Resources (TSE) report. Inco paid a total of $25,000 for William’s 75% inte…

One of the largest new gold discoveries in the U.S. will be further evaluated as a proposed open pit mining and heap leach operation capable of producing about 300,000 oz. gold per year over the first…

Inco Ltd. has made a lot of right moves over the years but, as has any company that plays such a dominant role within its industry, it has made a few boners, too. Each story, told and re-told, has com…