GREATEST VALUE TRADED (September 09, 1996)
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News
Birim and Battle define gold zone
A reverse-circulation drill program on the Dunkwa property in Ghana, West Africa, has defined a 300-metre-long zone of mineralization for partners Birim Goldfields (BIRM-C) and Battle Mountain Canada …
STOCK MARKETS — Mining stocks dip in sluggish market
The Toronto Stock Exchange lost some ground over the trading period ended Sept. 3, with the TSE 300 composite index off 21.99 points to close at 5,151.89. Trading was active in the earlier part of the…
LITERATURE REVIEW SPECIAL — NEWS ROUNDUP — Softrock steps up exploration
Softrock Petroleums (STZ-A) has applied for a third mineral exploration licence in Greenland.When issued, the new licence will cover 30,000 acres in west Greenland, where kimberlite dykes and microdia…
Oliver and Consolidated Mining unveil assay results from Segala
Partners Consolidated Mining Corp. (CMC) of West Africa and Oliver Gold (OGO-V) have reported assay results from drilling on the Main zone at the Segala project in Mali.To date, 11 infill diamond dril…
Western Copper joins Teck in Mexico
Further exploration and development of the copper property known as El Salvador, in the Mexican state of Zacatecas, will be carried out by Teck (TEK-T) and Western Copper Holdings (WTC-T) in a 55-45 j…
Farallon tests Campo Morado
Diamond drilling by Farallon Resources (FAR-V) at the Campo Morado property in Mexico has intersected massive sulphides with significant values of gold and silver mineralization.The 277,335-ha propert…
OBITUARY — Paul Penna
Paul Penna, chief executive officer and president of Agnico-Eagle Mines, has died. He was 73.The head of Agnico-Eagle for 33 years, Mr. Penna began his career as a seller of penny-stock on Bay Street …
IAMGOLD, Ashanti launch US$38M program
Reverse-circulation drilling has intersected mineralization on three of 10 West African concessions owned by partners IAMGOLD (IMG-T) and Ashanti Goldfields (AGC-T).The results represent the first pha…
Archangel uncovers more diamonds
Vancouver-based Archangel Diamond (AAD-V) has released encouraging results from hole 43 at the Verkhotina diamond project in Russia.Although it is the fourth hole to intersect the 441 kimberlite pipe,…
Omax Resources expands holdings in Indonesia
One of several Australian-based juniors listed in Canada, Omax Resources (OXR-V), is assembling an extensive portfolio of properties in Indonesia and appointing new management to oversee exploration t…
COMMENTARY — Ontario a world leader in mine safety
The Ontario Natural Resources Safety Association (ONRSA) is an organization that promotes health and safety in the forestry, mining, and pulp and paper communities through the delivery of programs and…