1993


NEWS IN BRIEF (August 02, 1993)

Skyline Gold Corp. (SKX:VSE) has changed its name to Skycreek Minerals (SKM:VSE) with no consolidation of capital. Skyline transferred its mineral properties to 431637 B.C. Ltd. in exchange for NSR ro…


Auriginor drills at Dubuisson play

Exploration is under way at the Dubuisson gold property near Val d’Or, Que., Exploration Auriginor (ME) reports. The company, formerly known as Consolidated Cache d’Or Resources, says drilling will ta…


TSE Short Positions (August 02, 1993)

Semi-monthly reports as of July 15, showed 82,360,427 shares of 728 issues compared with 80,138,215 shares of 704 issues on June 30. Larger individual positions included: Aber 107,000, down 25,000; Ag…


NEWS ROUNDUP — Loubel options Messeguay play

A Quebec-based junior has acquired from Messeguay Mines (ME) an option to earn a half interest in the Verneuil gold property near Quevillon, Que. Loubel Exploration (ME) may earn its interest by spend…



Inco completes TVX transaction

Nickel miner Inco (TSE) has sold its 61.9% interest in TVX Gold (TSE) to a group of Canadian underwriters led by Wood Gundy and Burns Fry. Proceeds from the sale, after underwriting commissions, total…


USMX may buy Idaho ground

NASDAQ-listed USMX has the right to acquire about 10,000 acres of patented and unpatented mining claims in the Thunder Mountain mining district of central Idaho. The agreement covers the Thunder Mount…


Cazador, Granduc plan merger

A planned merger between Cazador Explorations (VSE) and Granduc Mines (TSE) should go a long way toward raising the required financing to bring the Keystone gold project into production. Cazador can e…


Formation drilling at Black Pine

With an initial phase of drilling now complete, Formation Capital (VSE) recently began a second phase at its Black Pine property near Salmon, Idaho. It has also staked additional claims surrounding th…


Gold Reserve on TSE

Gold and diamond explorer Gold Reserve (NASDAQ) has been granted conditional approval for listing on the Toronto Stock Exchange. Subject to completion of certain requirements, the common shares of Gol…


THE DIAMOND PAGE — Matkin hearing tours B.C.

The inquiry into the operations and regulation of the Vancouver Stock Exchange (VSE) and British Columbia Securities Commission has taken to the road for public hearings. The inquiry headed by James M…


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