1993


Promotional help available for industrial minerals

The industrial minerals industry in British Columbia will receive promotional help from the provincial government. “British Columbia produces about 20 different industrial minerals and could produce a…


Exall bioleach tests are upbeat

Success has resulted from initial bioleach tests on copper sulphide ores from the Santo Tomas porphyry property in western Mexico. Exall Resources (TSE) submitted a composite sample to the Rio Tinto Z…


METAL PRICES — FREE MARKET (December 06, 1993)

London Metal Exchange Spot closing prices in $US per tonne Date Nov. 30 Nov. 29 Nov. 26 Nov. 25 Nov. 24 Copper 1629-1630 1643-1644 1633-1634 1631-1632 1629-1630 Lead 419-420 420-421 415-416 403-404 40…


LAST BUT NOT LEAST — Arizona Star raises funds

Funding for further work at Chile’s Aldebaran property is at hand for Arizona Star Resource (VSE). Subject to regulatory approval, the company has negotiated a brokered private placement of up to thre…


DIAMOND PAGE — Diamond merchants make their pitch

Canadians have made progress but still have a long way to go when it comes to exploiting diamonds, according to two analysts who spoke at the recent Manitoba Mining, Minerals and Petroleum Convention….


Canuc completes rights offering

A rights offering has netted Canuc Resources (CDN) about $510,000, enabling the company, once again, to explore for minerals. It is now evaluating two gold properties in Mexico and Spain. In other new…


Golden trenches for Cathedral (December 06, 1993)

Trenching on the Kaburi-Eldorado project in Guyana has returned gold values over widths up to 66 ft. grading 0.14 oz. gold per ton. Cathedral Gold (TSE) can earn up to a 90% interest in the property, …


LAST BUT NOT LEAST — Caribgold nets $4.1 million

Caribgold Resources (CDN) has completed a placement of 2.5 million units to a group of European investors. Each unit consists of one common share and half a warrant at $1.65 per unit. Each whole warra…





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