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…
News
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…
Companies (April 22, 1996)
INDICESREG SECTIONAfriOreAmax GoldAshanti GldfldsAshtn Mg of CdaAteba MinesAtlasAur ResourcesBarrick Res.BHP MineralsBlack Swan GldBotswana DmndfdBre-X MineralsBresea Res.Canada Tungsten…
FINANCING (April 15, 1996)
International CanAlaska — 5,720,000 common shs and 2,600,000 sh purchase wts issuable upon exercise of 5,200,000 special wts @ $1.00 per special wt.
NEWS IN BRIEF (April 15, 1996)
Remington Creek Resources (RCR:VSE) has changed its name to Grayd Resource (GYD:VSE) on a 1-new-for-3-old-share basis.
Granges arranges private placement
A recent agreement with several underwriters is expected to add funds to the treasury of Toronto-listed, intermediate gold producer Granges.The private placement agreement is for 7.7 special warrants …
CICS closes sale of Cameco
Crown Investments Corporation of Saskatchewan (CICS) has, by way of a secondary offering, completed the sale of 9.5 million shares of Saskatoon-based uranium producer Cameco (TSE).The public now holds…