Cominco Res. closes Mariquita deal
Cominco Resources International (TSE) has received US$2.5 million as partial payment for transferring its Mariquita copper deposit to Minera Maria, a Mexican company held 49% by Cominco and 51% by Emp…
1994
Trenching completed on La Salle concession
Joint-venture partners VenCan Gold (ME) and Chesbar Resources (ME) have completed a total of six trenches across a gold anomaly on the La Salle concession. Results from the previously completed trench…
THE DIAMOND PAGE — Lytton reports bulk-sampling results from
Lytton Minerals (TSE) has released the long-awaited results of a “semi-bulk sample test” performed on its Ranch Lake kimberlite pipe in the Lac de Gras region of the Northwest Territories. The 28.45-t…
THE STOCK MARKETS — Gold’s fall squeezes resource index
A further drop in the price of gold, to the US$372.40-per-oz. level, was not welcome news for western markets during the week ended April 19. The slide brings the cumulative decline in the past month …
METAL PRICES — FREE MARKET (April 25, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date April 19 April 18 April 15 April 14 April 13 Copper 1871-1872.5 1865.5-1866.5 1863-1864 1863.5-1864.5 1885.5-1886.5 Lead 431.5-432.5 438…
Aurex works Pascualas copper play in Chile
Drilling is set to begin on the Chilean project known as Las Pascualas, in which Aurex Resources (VSE) can acquire a 90% interest by paying US$2.1 million over seven years. A 3,500-metre surface and u…
NEWS IN BRIEF (April 25, 1994)
Triple 8 Energy (TPL:ASE) has changed its name to Oilexco on a share-for-share basis.
PEOPLE — ARLO RESOURCES (April 25, 1994)
T. Henderson appointed director.
Aur Res. to start drilling at Mainstreet
Toronto-based Aur Resources (TSE) is planning to drill the 7-claim Mainstreet base metal property. The concession, wholly owned by Beaufield Resources (VSE), adjoins Aur’s Lugold property in Louvicour…
PEOPLE — ARGYLE VENTURES
Hugo Calderon appointed chairman; Tas Li appointed president and chief executive officer; Ernesto Lasalle appointed vice-chairman; Andrew Nevin, Daniel Plumley and Steven Pettit appointed directors.
Judge renders ruling on Hemlo pre-trial motions
Justice Archie Campbell of the Ontario Court, General Division, recently released his ruling on pre-trial motions in the Scintilore Explorations (TSE) lawsuit against prospectors John Larche and Donal…
IPC assay results pending from TSE
The Toronto Stock Exchange is still awaiting fire assay results from samples taken on International Platinum’s (IPC) ground in Arizona. The samples were taken to laboratories in Canada in an attempt t…