Though bad ground hindered the first phase of drilling on the Virgen gold property in north-Central Peru, assay results reveal potential for a low-grade, bulk-Tonnage deposit.Gitennes Exploration (GIT…
Drilling is set to begin on the LA 1-25 claims at the Doyle Lake project in the Northwest Territories.Under an option agreement, Monopros, the Canadian exploration arm of De Beers Consolidated Mines (…
Mining in Canada is important to local communities, particularly those in remote regions. Employment opportunities in the mining industry provide local economies with substantial and often essential e…
In ongoing drilling, Greenshield Resources (GSR-M) has uncovered two gold zones at the Urban property, 185 km northeast of Val d’Or, Que.The junior is earning a half interest in the property from Moss…
To finance its Peruvian projects, Oroperu Resources (OROP-C) has raised $8.7 million in a private placement.The placement, which was brokered by Yorkton Securities, consisted of 4 million special warr…
The cloud of uncertainty looming over Bre-X Minerals continued to rain on most junior mining stocks.Led by the resource sector, the Vancouver Stock Exchange composite index lost 44.85 points, or 3.92%…
Gold Funds as of April 3, 1997BGRCentralNet Value$21.43$6.04Price$16.75$6…
ExchgVol(000s)CloseBre-X MnrlsT540032.30Bresea ResM…
Two diamond drills are operating in a 37-hole program at junior Adrian Resources’ (ADL-T) Petaquilla property in Panama.Situated 125 km west of Panama City, the property comprises 2,086 sq. km and con…
Swannel Minerals (SNL-V) has changed its name to Globenet Resources (GBR-V) on a 1-new-for-10-old-share basis.
Wednesday, April 9, 1997Price (US)Week’s ChangeGold*$348.00- $2.70Silver*$ 4.77…
1997Apr 8Apr 7Apr 4Apr 3Apr 2HighLowComposite “30…
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