News

GREATEST VALUE TRADED (October 30, 1995)

BRE-X Mnrl A161891$593043+13 3/4Placer Dome T148734$31 5/83030 7/8-3/8Inco Ltd T121693$45 1/840 3/442 7/8-2 1/4Barrick Gold T113729$33 5/831 7/832 3/4-1/4Potash Corp T7596…


GOLD FUNDS (October 30, 1995)

Gold Funds as of October 19BGRCentralNet Value$17.38$6.51Price$13.38$6.375Discount23.02%2.1%Value$135,846,000$115,383,038…


TSE INDICES (October 30, 1995)

1995 Oct 24Oct 23Oct 20Oct 19Oct 18HighLowComposite”300″4352.194315.494438.334475.494488.864718.273983.34Metals&Minerals4520.924424.964534.284577.964574.685276.123273.56Integrated …



NEWS IN BRIEF (October 30, 1995)

Feather Gold Resources (FG:VSE) has changed its name to Sovereign Chief Ventures (SCV:VSE) on a 1-new-for-4.7-old-share basis.


Cartaway finances drilling

A $4-million private placement provides Cartaway Resources (VSE) with funds for exploration work on its property interests in the Voisey Bay region of Labrador.The company is carrying out drilling on …


Refugio mine on track for production

When the Refugio mine pours its first gold late this year or in early 1996, it will become one of the largest open-pit, heap-leach mines in the world, with projected gold production of 233,000 oz. ann…


Northgate sells NorthWest Gold

Toronto-based Northgate Exploration (TSE) has sold wholly owned subsidiary NorthWest Gold to Kinloch Holdings. NorthWest’s only asset is a 42% interest in Sonora Gold (TSE).Northgate will be relieved …



Partners drill holes at Whistle Lake

Partners Cumberland Resources (TSE) and International Vestor Resources (VSE) have drilled four holes in a 3,390-ft. program on the Whistle Lake polymetallic property north of Thunder Bay, Ont.The prop…


Summo hopes to prove copper play is a champ

Drilling will soon begin at the Champion copper oxide property in Taos Cty., N.M.Summo Minerals (VSE) plans to complete a 12-hole program of reverse-circulation drilling to test an area around, and al…


Ascot hits gold near Harp Lake

Exploration work in the Harp Lake area of Labrador has turned up gold mineralization for Ascot Resources (VSE).The company made the discovery within a diorite sill on its wholly owned claims near Shap…


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