FINANCING (April 01, 1996)
Stampeder Exploration — 10,000,000 shs @ $5.00 per sh.
Articles by Northern Miner Staff
NEWS IN BREIF
Minerva Gold Mines (MVM:VSE) has changed its name to Consolidated Minerva Gold Mines (MNV:VSE) on a 1-new-for-3-old-share basis.
Stroud confirms extensions at Leckie
A drill program at the Leckie property near Temagami, Ont., has extended the strike length of the known gold mineralization to 365 from 330 metres.Ten diamond drill holes intersected mineralization wi…
Winspear begins spring drilling at Camsell
Using two rigs, Winspear Resources (VSE) has begun a 10,000-ft. drill program on the Camsell Lake diamond joint venture in the Northwest Territories.Winspear is the operator and holds a 32% interest i…
STOCK MARKETS — Golds gain ground to bolster TSE
The Toronto Stock Exchange was fractionally higher over the report period ended March 26, with the TSE 300 composite index adding 17.94 points to close at 4,985.21. Gold stocks were especially strong,…
Asquith raises exploration funds
A private placement by Asquith Resources (TSE) of 3 million special warrants has closed.Each special warrant was priced at $1 each and will be convertible into one unit consisting of one common share …
Getty raises funds for B.C. project
A brokered private placement of 3.7 million special warrants priced at $1.60 each has grossed $5.9 million for Getty Copper (VSE).Each special warrant is convertible into a unit, consisting of one sha…
No Headline (April 01, 1996)
RemingtonCreek Resources (RCR:VSE) has changed its name to Grayd Resource (GYD: VSE) on a 1-new-for-3-old-share basis.
Central Asia awarded contract in Kazakhstan
Partners Central Asia Goldfields (CDN) and Kazakhstani-based BSB have been awarded a contract for the management and purchase of Kazakaltyn, a gold mining company based in Kazakhstan.Kazakaltyn holds …
Corriente seeking partner for Taca-Taca property
In an effort to advance the Taca-Taca gold property in northwestern Argentina, Corriente Resources (VSE) is seeking a partner.The property covers widespread drill targets at significant depths.Prelimi…
Cambior, Golden Star beef up Gross Rosebel in Suriname
New calculations have expanded the mineral reserve at the Gross Rosebel gold property in east-central Suriname to 24 million tonnes grading 1.4 grams gold per tonne, and partners Cambior (TSE) and Gol…
Spot prices at a glance (April 01, 1996)
Wednesday, March 27, 1996Week’sPrice (US)ChangeGold*$400.00$5.30Silver*$ 5.69$0.19Platinum*$414.50$4.00Nickel**$ 3.79$0.07Lead**$ 0.37-0.04Copper $ 1.15$0.00Zinca$ 0.48-…