Robex turns drills in western Mali
Drilling is under way at the Baroya property in western Mali.Operator Robex Resources (RBX-M) will drill-test several geochemical and geophysical targets, which occur along two linear features: a sout…
News
LITERATURE REVIEW — Campbell Resources toughs out disappointing quarter
Campbell Resources (CCH-T) reported a loss of $1.8 million (or 1 cents per share) for the three months ended June 30, compared with income of $3.2 million (2 cents per share) in the same period a year…
LITERATURE REVIEW — Storimin seeks Nevada drill permit
Permits are being sought for a 6-hole, 3,000-ft. drill program on the Mountain Boy gold property of Storimin Resources (SMRL-L) in central Nevada.The permitting follows receipt of chip-sampling result…
LITERATURE REVIEW — NEWS ROUNDUP — Mount Pleasant to slim down
Adex Mining (AMG-T) has announced it has trimmed the budget for its Mount Pleasant polymetallic mine in New Brunswick by more than $30 million.A draft feasibility study released in March 1997 estimate…
LITERATURE REVIEW — NEWS ROUNDUP — Black Pearl expands near Timmins
Black Pearl Minerals (BLKP-C) has struck a deal with Pentland Firth Ventures (pfo-t) to acquire a half interest in three claim blocks in Tully Twp., near Timmins, Ont.For its interest, Black Pearl, ov…
LITERATURE REVIEW — Nebex explores for gold in Italy
Italy is known for its pasta and ancient ruins, but at least one junior company believes the country also may be prospective for “Carlin-type” epithermal gold deposits.Nebex Resources (NBX-A) is earni…
LITERATURE REVIEW — Nelson’s first half marred by red ink
London-based Nelson Gold (NLG-T) suffered a loss of US$2.29 million (or US3 cents a share) for the 6-month period ended June 30, compared with a loss of US$1.69 million (US3 cents a share) in the same…
LITERATURE REVIEW — Columbia Gold targets extension of Kona zone
The latest drill results from the Fyre Lake massive sulphide project in the Finlayson Lake district of southeastern Yukon confirm the continuity of the western limb of the Kona zone.Columbia Gold Mine…
DIAMOND PAGE — Drilling resumes at Camsell Lake
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have resumed drilling in the Snap Lake area of the Camsell Lake project in the Northwest Territories.A program of up to 2,200 metres is t…
SPOT PRICES (August 25, 1997)
Wednesday, August 20, 1997Price (US)Week’s ChangeGold*$322.00- $6.60Silver*$ 4.51…
TSE SHORT POSITIONS (August 25, 1997)
Short positions outstanding at July 31, 1997Larger individual positions included: Barrick Gold 11,804,898, up 866,048; Bema Gold 4,407,286; Bonus Resource 22,190, down 791,810; Breakwater Resources 22…
LITERATURE REVIEW — NEWS ROUNDUP — Magnetic anomaly attracts Major General
Major General Resources (MGJ-V) is set to begin drilling on the Olympic copper property, situated north of Dawson City, Y.T.The program will test a series of chargeability zones hosted in an iron-rich…