News


Naxos assays come under scrutiny

The Alberta Stock Exchange has requested that Naxos Resources (NXR-A) conduct an independent audit of the drilling, sampling and assaying procedures performed at the company’s Franklin Lake properties…


BHP Minerals, Dia Met advance NWT Diamonds

An environmental assessment review panel is expected to submit its final report on the NWT Diamonds project to the federal government for its approval.The project, situated near Lac de Gras in the Nor…


Hecla, Santa Fe to develop Rosebud deposit

Two American majors plan jointly to develop Rosebud, a high-grade, underground gold deposit 50 miles west of Winnemucca, Nev.Hecla Mining (HL-N) and Santa Fe Pacific Gold (GLD-N) will form a 50-50 joi…


Drilling turns up copper, gold

Drilling at the Samarskoye project, 40 miles north of Karaganda in central Kazakhstan, continues to deliver copper-gold values for Kazakhstan Minerals (KMC-T).Five rigs are drilling off a large porphy…


Gold Funds (June 03, 1996)

Gold Funds as of May 23, 1996BGRCentral.Net Value$25.95$6.72 .Price $19.60$7.000 .Discount24.46%4.2% .Value$202,855,000$126,695,100 .


Prime declares Eskay dividend

Shareholders of Prime Resources Group (PRU-T) are about to enjoy the benefits of the Eskay Creek gold-silver mine in northwestern British Columbia.Prime will start paying a semi-annual dividend of 4 c…


Mt. Nansen startup imminent

Final environmental approval in the form of a Class A water licence has enabled BYG Natural Resources (BYG-T) to proceed with construction and development of its Mt. Nansen gold project near this hist…


NEWS IN BRIEF (June 03, 1996)

Conquest Exploration (CQX-V) has changed its name to International Conquest Exploration (ICX-V) on a 1-new-for-3-old-share basis.


Tri Origin drills Sioux property

A 1,200-metre program of diamond drilling is under way on the Sioux property of Tri Origin (TOE-T), 30 km south of Sioux Lookout, Ont.The company, which notes that the setting is geologically similar …




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