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PRECIOUS METALS — Geomaque extends La Chicharra
Ongoing drilling by Geomaque Explorations (GEO-T) has extended the La Chicharra zone at its producing San Francisco gold property in Sonora state, Mexico.La Chicharra lies just west of, and along stri…
PRODUCER & DEALER PRICES (May 31, 1999)
Antimony: Representative mid-market US$1,235 per tonne (May 18/99).Bismuth: Representative mid-market US$3.60 per lb. (May 18/99).Cadmium: Representative mid-market US$0.23 per lb. (May 18/99).Chromiu…
Great Basin funds work on Ivanhoe
Junior Great Basin Gold (GBG-V) has arranged, with Exploration Capital Partners, a private placement of 666,667 units priced at $1.50 each, for gross proceeds of $1 million.A unit will consist of one …
PRECIOUS METALS — Drilling expands Mt. Kare
Madison Enterprises (MNP-V) has tabled the results of 13 additional diamond drill holes at the Mt. Kare deposit in Papua New Guinea, expanding the resource model there.In November 1998, Watts Griffis …
PRECIOUS METALS — Starcore, ProAm still hot on Samuels Lake — Juniors join search for platinum group metals in Ontario
ProAm Explorations (PMX-V) and Starcore Resources (SOE-V) have released encouraging results from a second phase of drilling on their jointly held Samuels Lake intrusive complex, 56 km west of Atikokan…
NEWS ROUNDUP — Ontex to begin exploring Brookbank
A first-phase drill program by Ontex Resources (ONT-A) is testing the 29,000-acre Beardmore-Geraldton property, northeast of Thunder Bay, Ont.The property hosts the Brookbank deposit, which at last re…
SPOT PRICES, Wed. May 26, 1999
Precious MetalsPrice (US)ChangeGold$271.70-$1.15Silver$ 5.05-$0.24…
EDITORIAL & OPINION — Back-door victory — Congress saves Crown Jewel
The U.S. Congress recently used its considerable weight to overturn a bizarre technicality that had sidelined the plan of operations for the Crown Jewel gold project in the Okanagon Highlands of Washi…
TSE SHORTS (May 31, 1999)
Short positions outstanding at May 15, 1999Larger individual positions include:Abitibi-Consolidated 905,356, down 432,921; American Gem 13,729,005, down 1,594,774; Asia Pacific Resources 6,200, down 3…
DIAMOND PAGE — Pickle Crow gold mine to get another chance
The past-producing Pickle Crow gold mine is being revived as a possible producer yet again.Wolfden Resources (WOLF-C) recently agreed to acquire 100% of the project from Pickle Crow Resources (PKL-A),…