1993

Vengold makes exploration plans

Vancouver-based Venezuelan Goldfields (VSE) is planning to spend about US$4 million during the next two years to explore gold properties in the Kilometre 88 area of Venezuela. The first priority will …



TORONTO STOCK EXCHANGE INDICES (July 12, 1993)

— Week — July 6 July 5 Ju1y 2 July 1 June 30 High Low Composite”300″ 3984.37 3990.49 3997.72 N/A 3966.37 4003.72 3947.23 Metals&Minerals 3013.00 3015.70 3020.48 N/A 2978.43 3047.46 2936.50 Integrate…


NEWS ROUNDUP — Kookaburra in Peruvian option

A letter of intent gives Kookaburra Gold (VSE) the right to earn a 60% interest in the San Jose copper prospect in the Atacama desert region of southern Peru. Kookaburra can earn the interest from Pan…


Mineral tenure dispute surfaces in Venezuela

At least one Canadian mining company could be affected by the outcome of a petition, filed in the Supreme Court of Venezuela, which challenges the authority of a state holding company to assign minera…


Prime proposes Stikine merger

After negotiating for more than a year, Homestake Canada and Placer Dome (TSE) have reached a stalemate on a proposal to convert Placer’s 44% interest in Stikine Resources to a direct interest in the …



GOLD FUNDS (July 12, 1993)

Gold Funds as of July 6 BGR Central Net Value $13.48 $6.01 Price $11.50 $6.250 Discount 14.66% 4.0% Value $75,483,000 $113,120,625…



Davidson Tisdale

Toronto-listed Davidson Tisdale can buy a 50% interest in the Davidson Tisdale and Beaumont properties near Timmins, Ont. Davidson, which already owns half the properties, can buy the additional inter…


Abior, Soquem in option deal

Montreal-listed Explorations Abior can earn a 50% interest in an 18-claim diamond property in the Desmaraisville area of northwestern Quebec, near Le Tac Twp. The deal is part of an option agreement w…


NEWS ROUNDUP — Cambior buying all of Grevet

The jointly owned Grevet zinc project southeast of Matagami, Que., will soon have one proprietor. Toronto-listed Cambior has reached an agreement (subject to regulatory approval) with Serem-Quebec to …


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