Amax drills the Gil
Amax Gold (NYSE) has begun 2,000 ft. of drilling on its 80%-owned Gil gold prospect in Alaska.The first hole will be drilled near a previous one, which intersected 90 ft. grading 0.067 oz. per ton at …
News
Metal Prices — FREE MARKET (July 17, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJuly 11July 10July 7July 6July 5Copper3159-3160 3099-3100 3100-3110 3058-3059 3091-3092Lead 615-616 609-610610-611 610-611 618-6…
Michelle Highgrade lives up to name
Underground sampling at the Michelle Highgrade zone of the Table Mountain mine in northern British Columbia is returning multi-ounce values.Owner Cusac Industries (TSE) has completed a decline to the …
Meetings (July 17, 1995)
MeetingsJuly 24, Capco July 24, Fleck July 25, Archangel July 25, Atlantic Industrial July 25, Austin Mines July 25, Firesteel July 25, Sterling Pacific July 25, Viceroy July 26, Belmont July 26, Dunl…
Joutel will sell units to fund Cuban exploration prospects
In order to finance further exploration of its Cuban holdings, Joutel Resources (TSE) will sell up to 12 million units at 30 cents each for gross proceeds of up to $3.5 million. Each unit consists of …
Kinross eyes Russian mine
In keeping with its reputation as an aggressive player in the global arena, Kinross Gold (TSE) has secured rights to acquire a stake in the high-grade Aginskoye gold deposit in Kamchatka, Russia.This …
LABRADOR NEWS ROUNDUP — Starcore and Goldnev start drilling
Partners Goldnev Resources (VSE) and Starcore Resources (VSE) will begin drilling on their Niatak nickel-copper-cobalt property near Diamond Fields’ Voisey Bay discovery in Labrador.A minimum of three…
GREATEST VALUE TRADED, JULY 5-11
Exchange Value($000s)HighLowCloseChange Inco Ltd T362499 $45 5/839 5/845 1/2+6 1/8Barrick Gold T143850 $36 3/834 3/836 1/4+11/4Placer Dome T134942 $38 3/435 1/238 3/4+27/8Nora…
LABRADOR NEWS ROUNDUP — Castle Rock reports copper values
Initial prospecting in the Wilson Lake area of Labrador has identified sulphide showings along a contact between older gneisses and a gabbroic unit.Castle Rock Exploration (VSE) reports that copper va…
Mixed results at Golden Bear
Drilling at the Golden Bear mine property in northwestern British Columbia is returning mixed results for Wheaton River Minerals (TSE).The company is drill-testing two zones, Ursa and Grizzly, in an e…
Bourlamaque-Nord yields gold
A bulk sample of ore from the Bourlamaque-Nord project of Lithos (ME) has yielded 2,484 oz. gold, 93.4% of which was recovered.The 10,377 tons of ore extracted from the property, which is the site of …
Etruscan makes gold discovery in Niger
Etruscan Enterprises (VSE) has made a significant gold discovery on its 67%-owned Koma Bangou project in Niger, West Africa.The disseminated gold zone, known as V1 South, was found at the contact betw…