1994


Financing (August 29, 1994)

Cons. Ramrod Gold — 770,000 shs and 770,000 non-transferrable sh purchase wts issuable upon the exercise of 770,000 special wts @ $5.00 per special wt. Lyon Lake Mines — 7.1 million units, with each…


Trillion drilling Zimbabwe deposit

A 50,000-ft. drill program has begun at Trillion Resources’ (TSE) 50%-owned Jena Mines complex in Zimbabwe. The objective is to develop new gold reserves on strike with the currently producing Stump, …


New Damoti zone being drilled

Drilling is under way on a new zone of gold mineralization at the Damoti Lake property north of Yellowknife, N.W.T. Consolidated Ramrod Gold (TSE) holds a 40% interest in the property and is earning a…


Crew acquiring tin operation

Control of the owner of the last producing tin mine in Cornwall, England, is passing to Crew Natural Resources (VSE). To acquire a 60% interest in South Crofty, Crew participated in a share offering b…


Gold Funds (August 29, 1994)

BGR Central Net Value $17.10 $6.66 Price $15.63 $7.125 Premium 7.0% Discount 8.65% Value $138,967,000 $128,957,513…


EDITORIAL PAGEA — Politics of exclusion

It is hard to imagine, particularly after the Meech Lake fiasco, why any government would negotiate agreements of major public interest behind closed doors. But concern is growing in British Columbia …


Lac management accepts Barrick offer

In a move that took many investors by surprise, American Barrick Resources (TSE) announced it had signed an agreement with takeover target Lac Minerals (TSE) to acquire all outstanding shares of the l…




Newmont studies Indonesian project

The contract for the first-phase optimization study of Newmont Gold’s (NYSE) Batu Hijau copper-gold project in Indonesia was awarded to Flour Daniel. The study will determine the best way to develop, …



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