MOST ACTIVE ISSUES, Feb. 25-Mar. 3
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News
SPOT PRICES (March 09, 1998)
Wednesday, March 4, 1998Price (US)Week’s ChangeGold*$296.00+ $3.70Silver*$ 6.39…
EXPLORATION 1998 — Exploration boosts Aurizon’s gold reserves
Thanks to last year’s exploration efforts at the Beaufor and Sleeping Giant gold mines in northwestern Quebec, junior producer Aurizon Mines (ARZ-T) has been able to raise its share of total gold reso…
EXPLORATION 1998 – NEWS ROUNDUP — Pacific Amber gets Putussibau CoW
Among the Canadian juniors fortunate enough to have had contract-of-work (CoW) applications ratified by the Indonesian government last month was Pacific Amber Resources (PCR-V).The Vancouver-based jun…
EXPLORATION 1998 — Thunderwood, Cons. Abitibi drill for copper-gold in Manitoba
Partners Thunderwood Resources (THS-T) and Consolidated Abitibi Resources (CAQ-M) have intersected high-grade copper and gold mineralization in two separate zones while drilling at the Lew volcanogeni…
PRODUCER AND DEALER PRICES (March 09, 1998)
Aluminium: LME settlements US$1,459.5, alloy US$1,281 per tonne (Mar.3/98).Antimony: Representative mid-market US$1,550 per tonne (Mar. 3/98).Bismuth: Representative mid-market US$3.65 per lb. (Mar. 3…
LME WAREHOUSE LEVELS (March 09, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.3/98 (change from Feb. 23 in brackets):MetalStock(tonnes)Change…
Test results bode well for GeoNova
Metallurgical tests of a 60-kg sample taken from the Discovery deposit of GeoNova Explorations (GNE-M) indicate that potential gold recovery there could reach 97%.The best method of gold extraction, a…
EXPLORATION 1998 – NEWS ROUNDUP — Camnor eyes prospect in Golden State
An agreement with a private company allows Vancouver-based Camnor Resources (CMB-V) to acquire 100% of the Golden Star property in northern California.To do so, the junior must pay the vendors US$442,…
TORONTO STOCK EXCHANGE INDICES (March 09, 1998)
1998Mar. 3Mar. 2Feb. 27Feb. 26Feb. 25HighLowCompo…
CORRECTION — Correction
In our Feb. 16 report on the proposed merger of Black Hawk Mining (BHK-T) and Triton Mining (TTM-T), we reported the proven and probable reserves of the latter’s Manantial Espejo project in Argentina …
Rio Tinto plans drilling on ground in Argentina
London-based Rio Tinto (RTP-N) plans to begin drilling the El Acay porphyry project in Salta province, Argentina, by early May.The program will consist of 2,000 metres of reverse circulation drilling …