TSE Shorts (December 20, 1999)
Short positions outstanding at December 6, 1999Larger individual positions include:Abitibi-Consolidated 2,035,398, down 287,271; Alcan Aluminum 1,474,367, down 70,176; Anderson Exploration 1…
News
Drill holes cut copper at Magistral property in Peru
Results from the first three holes of an 8-hole drill program on the Magistral copper skarn property in north-central Peru have intersected significant copper mineralization for partners Inca Pacific …
Celtic expands portfolio in Newfoundland
Alberta-based Celtic Minerals (CME-V) is acquiring the Great Burnt Lake and Victoria Mine base metal properties in central Newfoundland.Great Burnt Lake is contiguous with the junior’s South Pond prop…
Lyon Lake seeks permit for Crucitas
Montreal-based Lyon Lake Mines (LLL-M) has applied for an exploitation permit for its Crucitas gold deposit in northern Costa Rica.The application includes a feasibility study that envisages the minin…
Output, revenue down for Nelson
Junior Nelson Gold (NLG-T) has slipped into the red as a result of declining production from its operations in Tajikistan.For the nine months ended Sept. 30, Nelson posted a loss of US$1.4 million (or…
Expatriate tests gold camp
Equal partners Expatriate Resources (EXR-V) and Nordac Resources (NRQ-V) are encouraged by the results of a grassroots gold exploration program on the Armenius and Eureka properties in the Yukon.Combi…
Ecuadorian cuts high-grade mantos in Peru
Widely spaced drilling has returned strong gold values for Ecuadorian Minerals (EMC-T) at the Vetaspata property in southeastern Peru.Results from 12 of 19 core holes, totalling 1,750 metres, confirm …
EuroZinc boosts resource
As part of a final feasibility study, EuroZinc Mining (EZM-T) has released new resource estimates for the past-producing Aljustrel project in Portugal.The Vancouver-based company hopes to revive Aljus…
Drilling extends Tulawaka
Partners Pangea Goldfields (PGD-T) and Northern Mining Exploration (MDN-T) are sizing up what could become Tanzania’s newest gold deposit.Recent drilling has extended the East zone to a depth of 160 m…
Sudbury Contact aims drills at Tonkin Springs
Drilling is under way at the Tonkin Springs gold property in the Battle Mountain trend of central Nevada.Sudbury Contact Mines (SUD-T), which acquired the option to earn a 60% interest in the project …
Mustang forms JV with Impala
Mustang Minerals (MMIN-C) and South African-based Impala Platinum Holdings are continuing to explore for platinum group elements at the River Valley intrusion in northern Ontario.The two recently sign…
Nickel production tapers off, demand steady
Nickel usage among top three consumers — U.S, Britain and Canada — has tapered off following a post-war high in 1948. The aerospace, automobile and construction sectors remain the largest consumers …