Index (February 05, 1996)
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News
Drill program enhances potential of Bre-X’s Southeast gold zone
Drill results from the Southeast zone at Bre-X Minerals’ (ASE) Busang discovery in Indonesia point to a rich deposit of gold mineralization.The company believes the 250 metres between fencelines SEZ-4…
STOCK MARKETS — Western markets kept afloat by resource issues
Western markets continued to push ahead over the report period ended Jan. 30. The Vancouver Stock Exchange composite index added 21.5 points to close at 886.79, while the resource index rolled upwards…
STOCK MARKETS — Golds, metals add momentum to TSE
Golds and base metals continued to lead the charge as the Toronto Stock exchange smashed previous records and gained 123.73 points (2.5%) for the report period ended Jan. 30. The TSE 300 composite ind…
Teck subsidiary options Northair ground
The Mexican subsidiary of Teck (TSE) will earn a 51% interest in the Lachatao property of International Northair Mines (VSE).Situated in Oaxaca state, the property covers most of a major, historical g…
Emperor lands Grass Valley permit
Junior Emperor Gold (VSE) has secured a permit enabling it to dewater and explore the Idaho-Maryland mine in Grass Valley, Calif. The Nevada Cty. Planning Commission approved the permit following seve…
Getty prevails in court battle with Gold Standard
The outcome of a longstanding court battle against Getty Oil is not in favor of Utah-based junior Gold Standard (NASDAQ). The verdict is in, and the company will not receive the US$404 million awarded…
Teck and Aussie partner apply for CoW
Eager to add to its ground position in Indonesia, Teck (TSE) has applied for new Contracts of Work (CoW) and will make security deposits totalling US$7.5 million.Teck and Australian partner Meekatharr…
Exall and St Andrew sign milling pact
Ore from the Glimmer gold project near Matheson, Ont., will be processed at the nearby Stock Twp. mill of St Andrew Goldfields (TSE). Exall Resources (TSE) owns 60% of the Glimmer mine.The Stock mill …
X-Cal negotiates with Amax Gold
Negotiations between X-Cal Resources (TSE) and Amax Gold (NYSE) are in progress, with the objective of combining property holdings in the Sleeper area of Humboldt Cty., Nev.X-Cal holds a large package…
Sierra Madre finds gold in Mexico
Mapping and sampling by Minera Sierra Madre (ASE) on the former-producing Tucabe property in Sonora state, Mexico, have confirmed the presence of a gold-bearing structure.The 40-metre-wide zone is she…
Band-Ore pulls gold at Thorne (February 05, 1996)
At its Thorne project, west of Timmins, Ont., Band-Ore Resources (CDN) has drill-tested the western extension of the Kapika zone, where reserves are estimated at 270,000 tonnes grading 2.5 grams gold …