GOLD FUNDS (October 02, 1995)
Gold Funds as of September 21BGRCentralNet Value$17.86$6.64Price$14.63$6.625Discount18.09%0.2%Value$139,602,000$119,907,863…
Articles by Northern Miner Staff
Loan will help Mincor boost Monarch’s yield
A $5-million loan has made it possible for Mincor Resources (ASE) to expand its operations in Mozambique.The money, loaned by a group of European investors, will enable Mincor to expand and upgrade th…
TSE SHORT POSITIONS (October 02, 1995)
Short positions outstanding at September 15, 1995.Larger individual positions included: Barrick Gold 5,706,023; Agnico-Eagle 197,980; Archer Res. 137,600; Anderson Expl. 2,596,600; Beau Canada Expl. 1…
FINANCING (October 02, 1995)
Alpetro — 3,000,000 shs @ 10 cents per sh.Anglo Min. — 1,200,000 shs @ 30 cents per sh.Houston Lake M’g — 2,500,000 shs @ 10 cents per sh.Madrona M’g — 2,000,000 shs @ 15 cents per sh.Mart Res. –…
Spot prices at a glance (October 02, 1995)
Wednesday, September 27, 1995Week’sPrice (US)ChangeGold*$383.20-$1.80Silver*$ 5.46-$0.02Platinum*$420.25-$16.60Nickel**$ 3.86+$0.10Lead**$ 0.27+$0.01Copper $ 1.33+$0.04Zinca…
BHP drills Cabre polymetallic play
A 5-hole, 2,000-metre drill program is being conducted by BHP Minerals Canada on Southern Africa Minerals’ (TSE) wholly owned Cabre polymetallic property near Matagami, Que.The program will test geoph…
Wheaton ready to advance its Golden Bear project
Preliminary feasibility work on the Ursa zone at the Golden Bear mine property in northwestern British Columbia indicates the deposit can be mined at a profit.Wheaton River Minerals (TSE), which contr…
Showings reported for Parker Lake
Exploration work at the Parker Lake project, 60 miles west of Rankin Inlet, N.W.T., is turning up nickel-copper-cobalt massive sulphide mineralization.Parker Lake is owned 50% by Cumberland Resources …
LABRADOR NEWS ROUNDUP — Drills to turn at Tasisuak Lake
Partners Consolidated Magna Ventures (VSE) and Consolidated Viscount Resources (VSE) have now identified seven drill targets on their Tasisuak Lake property, 50 km northwest of Voisey Bay, Labrador.Re…
LABRADOR NEWS ROUNDUP — Ace explores Puttuaalu Lake
Exploration of its land holdings in the Puttuaalu Lake area northwest of Nain, Labrador, has returned sulphides for Ace Developments (VSE).Twenty-five disseminated and massive sulphide occurrences hav…
NEWS IN BRIEF (October 02, 1995)
Paragon Resources (PAR:VSE) has changed its name to Samex Mining (SXG:VSE) on a 1-new-for-5-old-share basis.
Meetings (October 02, 1995)
MEETINGSOct. 10, Acabit Oct. 10, Auriginor Oct. 10, KRL Res. Oct. 12, Conquest Oct. 12, Greystar Oct. 12, Loubel Oct. 13, Cache Oct. 13, Expl. SullidenOct. 13, Gold Bar Oct. 16, El Condor Oct. 16, Fai…