1994

A strengthening gold sector and stable U.S. interest rates did little to boost the Toronto Stock Exchange over the 5-day report period ended Sept. 27. The composite 300 index dropped 16.09 points to e…

Gold took a couple of runs at the US$400-per-oz. level over the report period ended Sept. 27, settling in the area of US$397. The bullion action appeared to help major producers while the junior marke…

A 75-hole, 6,000-metre program of definition drilling has been completed at Geomaque Explorations’ (TSE) San Francisco gold project in Mexico’s Sonora state. The program was designed to provide additi…

Toronto-listed Moneta Porcupine Mines (TSE) has bought Wounded Bull Resources from Australian-based Pima Mining. Moneta has issued 2 million shares as part of a 2-staged payment to be completed no lat…

An agreement-in-principle has been reached by NovaGold Resources (TSE) and the National Bank of Canada concerning the restructuring of a $4-million loan, owed by a wholly owned NovaGold subsidiary, Mu…

Representatives of 25 Caribbean basin countries recently signed an agreement in Cartagena, Colombia, creating a new association that brings together Cuba and the U.S., at least indirectly. The Associa…

Toronto-listed partners Falconbridge and Trillion Resources have completed a program of 79 drill holes, totaling 2,800 metres, on their Biankouma-Sipilou nickel project in Ivory Coast, West Africa. Us…

Richard Zee appointed director and vice-president of finance.

A 60-hole program at the Red Chris porphyry copper-gold project, 10 km east of Iskut, B.C., is half-finished. American Bullion Minerals (VSE) holds an 80% interest while Teck (TSE) retains 20% (half o…

Minera Minefinders S.A. de C.V., a wholly owned subsidiary of Vancouver-listed Minefinders, has staked a 2,200-hectare gold property in Mexico’s Sonora state. Reconnaissance mapping and sampling on th…

If the Cross property in the Northwest Territories is regarded by industry-watchers as a success, it is not simply because it has already yielded a number of diamonds but also because it proves that t…

All six holes of a deep drilling program on the Mel zinc-lead-barite deposit in southeastern Yukon have intersected mineralization. International Barytex (VSE) is working to expand the Main zone resou…