News



Phoenix project takes flight

The board of directors of Battle Mountain Gold (NYSE) has authorized development of the Phoenix project at the Battle Mountain gold complex in Nevada. The open-pit, heap-leach project is centred aroun…


Lenora drilling Althona deposit

As part of a feasibility study of the Goldfields project in northern Saskatchewan, Greater Lenora Resources (TSE) will carry out three drill programs concurrently. A 16,400-ft. infill program is alrea…


GOLD FUNDS (March 20, 1995)

BGR Central Net Value $15.98 $6.53 Price $13.75 $7.0 Discount 13.94% Premium 7.2% Value $124,915,000 $126,695,100…






Aussie firm cuts spectacular assay

A spectacular gold intersection in Western Australia has Great Central Mines N.L. of Melbourne smiling. The company, which trades on NASDAQ in the U.S., cut 10 ft. grading 46 oz. per ton at a depth of…


DIAMOND NEWS ROUNDUP — Brazil focus for Canabrava

In Brazil, an intense $2-million exploration phase initiated in June, 1994, is nearing completion for Canabrava Diamond (VSE). The project consists of 21 properties totalling 680,000 hectares, which a…


Spot prices at a glance (March 20, 1995)

Week’s Price (US) Change Gold* $386.60 + $3.50 Silver* $ 4.73 + $0.05 Platinum* $422.75 + $3.25 Nickel** $ 3.41 – $0.06 Lead** $ 0.26 $0.00 Copper $ 1.32 $0.00 Zinc $ 0.46 $0.00 Courtesy of Scotiabank…


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