Reserves have increased substantially at the Cerro San Pedro gold project near San Luis Potosi, Mexico.Metallica Resources (MR-T) reports that oxide reserves now stand at 77.3 million tonnes grading 0…
Junior Ursa Major International (URSA-C) has added a fourth gold property to its portfolio of mineral assets in Kazakstan.The Hamilton, Ont.-based company can acquire a 60% interest in the Nirinsk lic…
Two more holes drilled by Placer Dome (PDG-T) on the Fault Lake property, adjacent to the company’s Detour Lake gold mine in northern Ontario, have intersected gold mineralization.The property, held i…
ExchgVol(000s)ClosePure Gld ResT545980.42Placer DomeT…
1997Feb 4Feb 3Jan 31Jan 30Jan 29HighLowComposite”…
Diamond miner Redaurum (RRK-T) says it intends to “strenuously defend” title to its Kelsey Lake mine, 45 miles west of Fort Collins, Colo., near the Wyoming border.The company’s rights to the new diam…
A private placement of 5 million warrants, priced at 83 cents each, is expected to provide gross proceeds of up to $4.15 million for Omax Resources (OXR-V).The junior company is exploring a number of …
Drilling at the Candle Lake property near Prince Albert, Sask., is under way in an effort aimed at collecting 45 tonnes of kimberlite.The project is a joint venture involving War Eagle Mining (WEM-V),…
ALUMINIUM: LME settlements US$1,594 per tonne, alloy $1,507 per tonne (Feb.4/97).ANTIMONY: Composite free market, US$2,400 per tonne (Feb. 4/97).BISMUTH: Composite free market US$3.15 per lb. (Feb. 4/…
Exploration by Oro Belle Resources (ORS-V) is proving up the potential of the Flechas gold property in Argentina.Samples from 11 trenches assayed up to 7 grams per tonne, which is consistant with surf…
Over the report period ended Feb. 4, the Vancouver Stock Exchange composite index climbed above the 1200 level for the first time since Oct. 31, 1996, to close up 18.74 points at 1,218.21. The resourc…
The prospect of discovering another copper-zinc deposit comparable to Kidd Creek continues to lure junior companies to Ontario’s Timmins camp.One such company, Regal Goldfields (REGL-C), recently laun…
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