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News October 18, 2004

Fjordland drilling boosts Woodjam

Vancouver — The second drill hole on the Megabuck zone at the Woodjam project, near Williams Lake, B.C., has encountered significant porphyry copper and gold mineralization. The project is jointly held by Fjordland Exploration…

News October 18, 2004

Partners confirm Blende silver resource

Vancouver — Partners Eagle Plains Resources (EPL-V) and Shoshone Silver Mining have received an updated resource estimate for the Blende silver-lead-zinc project in the central Yukon.

News October 18, 2004

Inmet acquires rest of Cayeli

Inmet Mining (IMN-T) consolidated its ownership of the Cayeli underground copper-zinc mine in eastern Turkey by purchasing the Turkish government’s 45% minority stake for a little more than US$49 million.

News October 18, 2004

APAC cuts high-grade gold at Nibao

Vancouver — Drilling by APAC Minerals (APC-V) at its Nibao project in southwestern China has intersected the highest gold grades to date.

News October 18, 2004

Canadian Stock Exchange Indices (October 18, 2004)

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News October 18, 2004

Partners to expand Cerro Verde

The period ended Oct. 12 was another one of sideways chopping in the broad markets, with the Dow Jones Industrial Index falling 110.50 points to 10,077.18 and the S&P 500 index slipping 12.64 points to 1,121.84.

News October 18, 2004

Gold, base Metal Prices buoy market

The report period Oct. 6-12 saw the price of gold fall US70 to close at US$414.70 per oz. in the afternoon in London. In New York, oil prices reached all-time highs — close to US$55 a barrel. There was no trading on Oct. 11, owing to the Canadia…

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