Juniors finding east Timmins camp attractive
Exploration and development programs around Night Hawk Lake, 25 km east of Timmins, Ont., have junior companies flocking to the area.Moneta Porcupine Mines (TSE) has a long-established land position i…
News
THE DIAMOND PAGE — Botswana Diamondfields attains producer status
With an agreement to purchase the Roberts Victor (Rovic) diamond mine in South Africa for US$4.3 million, junior explorer Botswana Diamondfields (VSE) may become a producer by the end of May.Situated …
Sutton management wins round of proxy fight
The proxy battle for control of Sutton Resources (VSE) is over for the time being.At a recent meeting, management of Sutton overturned an attempt by James Sinclair to replace the entire board of direc…
Gitennes options properties in Cajamarca-Huamachuco region
A large group of mineral properties in Peru has caught the attention of Gitennes Exploration (ASE).The junior holds an option to acquire ground in the Cajamarca-Huamachuco region, where several major …
Bulk-tonnage deposit sought at Taurus
While it was high-grade veins that initially attracted International Taurus Resources (VSE) to its namesake property near Cassiar, B.C., partner Cyprus Canada is far more interested in outlining a lar…
ODDS’N’SODS — Hats off
Canada Tungsten had commissioned the rapid aerial reconnaissance of 200 miles of access road that spanned the Yukon and the Northwest Territories in order to determine its schedule for winter freighti…
STOCK MARKETS — Chilean find boosts trading on western markets
It has been said that nothing drives the Vancouver Stock Exchange better than hot drill results. And that was the case this week, when Arizona Star Resource reported an impressive, high-grade intersec…
Northfield plans June drill program in Ecuador
Having signed a contract with an Ecuadorian joint-venture partner, Northfield Minerals (TSE) reports that mapping, sampling and trenching are under way at the Nambija Uno gold concession in the South …
Louvicourt, Andacollo to be Aur’s centrepieces
Exploration at the Louvicourt base-metal mine in Quebec and the continued development of the Andacollo copper mine in Chile will command most of Aur Resources’ (TSE) attention in the coming year.Presi…
Canquest to drill its Microgold property
Junior Canquest Resource (VSE) is gearing up to explore prospective ground in British Columbia. In addition to acquiring three precious metals and polymetallic properties, the company has an option to…
GOLD FUNDS (April 22, 1996)
Gold Funds as of April 11, 1996BGRCentralNet Value$24.07$6.78Price$19.25$7.125Discount20.03%5.1%Value$188,206,000$128,957,513…
EDITORIAL PAGE — Sincerity equals credibility
The past year has not been an easy one for the mining industry, at least on the environmental front. Last summer, Cambior and Golden Star Resources reported an effluent spill at their Omai gold mine i…