PEOPLE — PRECISION INTL.
Craig Steinke appointed president and director.
News
Worker killed at Seabee mine
Aaron Warren, 42, of Yahk, B.C., was killed on Nov. 24 by a falling rock at Claude Resources’ Seabee gold mine in Saskatchewan. It was the first fatality at the underground mine, which opened in 1991….
Financing (December 18, 1995)
Exploration Brex — 7,000,000 Class A shs and 3,500,000 Class A Sh Purchase Wts upon the exercise of 7,000,000 previously issued Special Wts @ 36 cents per special Wt.
Corrections (December 18, 1995)
A report in our Dec. 11 issue listed an incorrect bulk-sample grade of 10.91 carats per tonne from AfriOre’s Kareevlei Wes diamond property. The correct grade is 10.91 carats per 100 tonnes.
Index (December 18, 1995)
DEPARTMENTSCareersClassified AdvertisingDiamond DrillersDiamond NewsDividendsEditorialsFacts & FiguresInsider TradingInvestment CommentaryMetal PricesObituaryOdds ‘n’ SodsPeopleProfessional DirectoryS…
Gold Funds (December 18, 1995)
Gold Funds as of December 7, 1995BGRCentralNet Value$17.66$6.64Price$14.50$6.375Discount17.88%4.0%Value$138,048,000$115,383,038…
Redbird options Ontario properties
Alberta-listed Redbird Gold has entered option agreements to acquire properties in northwestern Ontario.One of these is near Sturgeon Lake, about 200 km northwest of Thunder Bay, and the other is clos…
Partners test Babs property for copper-gold
Northern Dynasty Minerals (VSE) and Pacific Sentinel Gold (VSE) will test the Babs property in north-central British Columbia for bulk-tonnage, copper-gold mineralization.The latter will pay the forme…
Proposed legislation could restrict processing options for Diamond Fields
The government of Newfoundland and Labrador has introduced legislation that could compel Diamond Fields Resources (TSE) to process its ore within the province.According to an explanatory note included…
Partners gain North Shore ground
Partners First Western Minerals (VSE) and Virginia Gold Mines (ME) have acquired three nickel-copper prospects northeast of Sept-Iles, Que.The properties, which occupy 23 sq. km, are near Magpie Lake,…
ODDS’N’SODS — The undaunted Finlander
I have met and worked with many geologists during my tenure in mining. These much-respected professionals possess many outstanding characteristics, not the least of which is determination. One geologi…
Tombstone and Mar-West test Honduran copper-gold project
The first phase of diamond drilling on the Minoro project in Honduras returned copper-gold values for Tombstone Explorations (TSE) and Mar-West Resources (VSE).The companies, which hold the property i…