News
PEOPLE (June 11, 2001)
Cogema — Tim Gitzel appointed president and CEO; Vincent Martin appointed senior VP and COO.Vista Gold — James Garrington, Ovidio Pereyra and Alessandro Perez appointed members of the advisory commi…
Gold Funds (June 11, 2001)
Gold Funds as of May 31, 2001Dundee Precious MetalsCentral FundNet Value$13.52$5.29Price$9.50$5.05…
Starfield extends West zone at Ferguson Lake
Vancouver — Drill results from the Ferguson Lake copper-nickel-cobalt-platinum-palladium property, in Nunavut, indicate that the geological resource will be greatly expanded at the West zone.Starfiel…
Victoria resumes drilling at Red Rock
Vancouver-based junior Victoria Resource (VIT-V) is gearing up for a second round of reverse-circulation drilling at the Red Rock gold-silver property in southwestern Nevada’s Esmeralda Cty.The compan…
NAP commissions expanded mine
Lac des les, Canada’s only primary producer of platinum group metals, should be producing at an expanded rate of 15,000 tonnes per day by the third quarter of this year. Operator North American Palla…
NAME CHANGES (June 11, 2001)
Golden Thunder Resources (gth-v) has changed its name to Consolidated Thunder Resources (ghg-v) on a 1-new-for-3-old-share basis.Odyssey Exploration (OEP-V) has changed its name to…
Orvana inks deal with Bolivia’s Comsur
A recent agreement with Bolivia’s largest mining company will provide Orvana Minerals (ORV-T) with US$18 million in cash and financing to place the Don Mario gold-silver-copper project into production…
El Morro drilling programme wraps up
Noranda (NOR-T) is encouraged by results from the last three holes drilled at the La Fortuna target, part of the El Morro copper-gold project in north-central Chile.The Toronto-based major is earning …
Canadian Stock Exchange Indices (June 11, 2001)
DateJune 5June 4June 1May 31May 30HighLowTSE 3008…
Fred Johnston
Fred Johnston, former vice-president of exploration for Canamax Exploration, has died. He was 69.Johnston completed his bachelor’s degree in geology at the University of New Brunswick in Saint John an…
Idaho Cons. drills at Stillwater
Denver — In search of the JM Reef, Idaho Consolidated Metals (IDO-V) has begun drilling at the Crescent Creek and Iron Creek targets in the Stillwater complex of southwestern Montana. Initially, the …