1995


Tombstone closes Honduran deal

The closing of an agreement to purchase a 100% interest in the Minas de Oro gold-copper property provides Tombstone Explorations (TSE) with a project in Honduras.The company paid 80-20 owners Kennecot…



Monarch starts off slowly in 1995

With gold production below target, Monarch Resources (TSE) lost US$2.2 million during the first quarter, compared with a net income of US$55,000 in the same period last year.While production increased…


Metal Prices — FREE MARKET (June 12, 1995)

London Metal ExchangeSpot closing prices in $US per tonneDateJune 6June 5June 2June 1May 31Copper2881-2882 2911-2913 2877-2887 2862-28642851-2852Lead593.5-594.5 593.5-594.5 610.5-611.5 605.5…


New zone found at Mount Pleasant

A 5-hole exploration program has enabled Adex Mining (TSE) to confirm continuity of ore-grade mineralization between two known zones on the Mount Pleasant property in southern New Brunswick.The drilli…


Reunion Mining busy in Ghana

Reunion Mining, 30.7% owned by Toronto-based Caledonia Mining (TSE), has acquired rights to earn an interest in two gold prospecting licences near Bibiani, Ghana.Reunion’s agreement with the Placer Do…


Prefeasibility study expected for El Dorado

A drilling program is helping Mirage Resource (TSE) to gain a better understanding of the northernmost prospect on its El Dorado gold project in El Salvador.Drilling has tested the La Coyatera North z…


Corner Bay acquires Arizona copper play

Corner Bay Minerals (TSE) is acquiring the Korn Kobb copper property in Arizona by making option and acquisition expenditures and paying a residual royalty on production to the vendor.Corner Bay has, …


Silica deposit discovered in Quebec

Drilling results have delineated probable reserves of 11.6 million tonnes of high-silica quartzite on the De Salaberry Twp., Quebec, property of Bruneau Minerals (ME).The deposit, which is minable by …


Meetings (June 12, 1995)

MEETINGSJune 19, Canadian Mining — annual, generalJune 19, Cross Lake — annual, generalJune 19, Dalmatian — annualJune 19, DRC — annual, generalJune 19, Golden Dividend — annual, generalJune 19, …


Quebec juniors conclude Auclair joint venture

Silver Century Explorations, an affiliate of Agnico-Eagle Mines (TSE), has concluded an option agreement with two Quebec-based juniors, Explorations Diabior (TSE) and Virginia Gold Mines (ME).The agre…


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