1994

NEWS ROUNDUP — Louvem acquires Peruvian gold play

Toronto-listed Louvem Mines has acquired a 12,350-acre, gold-bearing, gravel property in southern Peru. Situated near Nazca on the costal plain, the ground was staked at a cost of US$10,000. The gold-…


NEWS ROUNDUP — Chase expanding Philippine ground

Chase Resource (TSE) has acquired the right to explore and develop 95,000 hectares on the southern Philippine island of Mindanao. The ground includes and surrounds the T’Boli gold exploration project …


Upbeat results on MVP projects

Affiliated companies MVP Capital (TSE) and Excellon Resources (VSE) have completed a 14-hole, 6,125-ft. reverse circulation drill program on their jointly owned TDC Leases, near Tombstone, Ariz. Four …


MSV hits new intersections at Cedar Bay mine

Five new holes drilled at MSV Resources’ (ME) Cedar Bay mine have encountered significant gold and copper values. The holes were drilled between the 3,000 and 3,300 levels toward the Cedar Bay mine fr…


San Fernando adds to treasury

Additional funds are now in hand for continued exploration of La Fortuna, a gold-copper property in Mexico’s Durango state. Owner San Fernando Mining (VSE) has completed a private placement of 1.9 mil…



TSE SHORT POSITIONS (July 25, 1994)

Semi-monthly reports as of Jun 30, 1994 showed 249,548,306 shares of 870 issues compared with 248,555,294 shares of 866 issues on Jun 15, 1994. Larger individual positions included: Aber 51,200, down …


Curator calculates tonnage for Boleo cobalt project

The Boleo project in Baja California Sur, Mexico, is estimated to contain 141 million tonnes grading 2.67% copper and 0.082% cobalt. The drill-indicated and inferred estimate was recently calculated b…


Lysander options Lorraine property

Another round of exploration could begin soon on the Lorraine property, one of the earliest copper discoveries in British Columbia. Lysander Gold (VSE) plans to option the project from Kennecott Canad…



R.S. Jones was renowned engineer

R. Stewart Jones, P.Eng., A.C.S.M., was tragically killed in a car accident on July 3, in Toquepala, Peru. He was 46. Jones was the chief plant engineer, area engineer and chief mining engineer during…


Vengold results cause investor concern

Although the junior has expressed encouragement over drill results from its Venezuelan properties, shares of Vengold (TSE) took a tumble, dropping $2.25 to close at $5.50, following news of the result…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close