European Ventures hits Man. sulphides
A new base metal zone has been outlined on the Wekusko Lake project near Snow Lake, Man. European Ventures (VSE) reports that nine holes, totaling 1,309 metres, were drilled to test seven targets. One…
1994
Metal Prices — FREE MARKET (April 04, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Mar. 29 Mar. 28 Mar. 25 Mar. 24 Mar. 23 Copper 1925-1926 1949.5-1950.5 1927.5-1928 1928.5-1929.5 1948.5-1949.5 Lead 457-458 458-459 445-…
Spot prices at a glance (April 04, 1994)
Week’s Price (US) Change Gold* $386.75 – $1.65 Silver* $ 5.61 + $0.02 Platinum* $408.00 + $4.25 Nickel** $ 2.54 – $0.01 Lead** $ 0.21 $0.00 Copper $ 0.87 – $0.01 Zinc $ 0.43 $0.00 Courtesy of Scotiaba…
Gold Funds (April 04, 1994)
Gold Funds as of Mar. 30 BGR Central Net Value $18.08 $7.10 Price $17.25 $7.750 Premium 9.2% Discount 4.61% Value $146,924,000 $140,269,575…
Toronto Stock Exchange Indices (April 04, 1994)
— 1994 — Mar 29 Mar 28 Mar 25 Mar 24 Mar 23 High Low Composite”300″ 4393.61 4487.97 4528.29 4569.65 4609.93 4609.93 3518.31 Metals&Minerals 3669.09 3766.35 3742.90 3802.51 3870.68 3879.59 3495.59 In…
Opawica in Ghana
Toronto-listed Opawica Explorations is set to acquire privately owned Alex MacIntyre and Associates (AMAL). An agreement in principle calls for Opawica to pay $1.5 million in cash and issue 725,000 co…
Battle Mountain gets leeway in Crown Jewel ruling
An arbitrator has ruled that Battle Mountain Gold (NYSE) is not required to make the first two US$1-million penalty payments to Crown Resources (TSE) under the companies’ Crown Jewel joint-venture agr…
LETTERS TO THE EDITOR — Information sought about claims
I am one of a group of three independent prospectors who hold potential base metal claims in northwestern Grenfell Twp., near Kirkland Lake, Ont. These claims were the subject of considerable explorat…
Orco’s Donalda producing gold again
The operator of the Donalda gold mining project is projecting output of about 20,000 oz. for the first year. Orco Resources (ME) placed the project, which sits just outside city limits, into productio…
Int’l Platinum halted pending assay check
The shares of International Platinum (IPC) have been halted from trading on the Toronto Stock Exchange pending an “independent verification” of recently reported assay results from its property in La …
Campbell divides time between Mexico and Quebec
For years, Campbell Resources (TSE) has been hobbled with a mixed bag of gold-copper, asbestos and coal investments. Profitability and a clean balance sheet were elusive. However, the past few years h…
Perron honored
The chief executive officer of Deak Resources, Alex Perron, received a gift from Nova Scotia at the recent PDAC convention in Toronto. The gift is a hand-painted 18-inch china plate edged with 24-cara…