Eastmain acquires gold property in Timmins area
The Akweskwa gold property, 24 miles southwest of Timmins, Ont., has been acquired by Eastmain Resources (CDN). The property includes nine patented claims optioned from Falconbridge (TSE), 18 claims o…
News
EXPLORATION ’95 — Diamond issues given cool hand by
With investor sentiment shifting from extreme optimism to extreme disappointment and, finally, to what can only be termed apathy, companies exploring for diamonds have taken a beating during the past …
OBITUARY — Harry Badgley
A 50-year member of the Canadian Institute of Mining, Metallurgy and Petroleum, Harry Badgley died recently in Summerland, B.C. He was 85. He spent his entire working career in the mining industry, st…
EXPLORATION ’95 — Diabior and partners explore northern
Exploration successes, particularly in remote regions of Canada, usually result from good properties, exploration know-how, persistence, and a dash of luck. One junior hoping its properties will benef…
Westpine awaits exploration funding
The scope of this year’s work on the Taseko property, west of Clinton, B.C., will depend on the amount of funding available. Owner Westpine Metals (VSE) outlined a zone of copper-in-soil anomalies ext…
EXPLORATION ’95 — Placer Dome works to rebuild reserves
Replacing reserves is no easy task for companies that annually produce millions of ounces of gold. One major company that has encountered considerable success in achieving this goal through exploratio…
EXPLORATION ’95 — Regional and community planning —
One of the key planks in the New Democratic Party campaign in the 1991 provincial election was a promise to develop a “land-use strategy” that would end the “valley-by-valley” conflicts in British Col…
San Fernando drilling returns values
Drilling on the Viruela zone of gold project in the Mulatos area of northwestern Mexico has returned oxide gold and high-grade copper values. Owner San Fernando Mining (TSE) describes the Viruela as a…
Kenrich funds work program
Replacing a previously announced financing, Kenrich Mining (VSE) has completed an $845,000 placement of units at 65 cents each. The units include one share plus a warrant, two of which give the holder…
Short Positions
Semi-monthly reports as of Feb. 15, 1995 showed 243,958,189 shares of 785 issues compared with 239,236,777 shares of 783 issues on Jan. 31, 1995. Larger individual positions included: Agnico-Eagle 115…
Spot prices at a glance (March 06, 1995)
Week’s Price (US) Change Gold* $376.30 – $2.70 Silver* $4.47 – $0.29 Platinum* $409.00 – $7.40 Nickel** $3.25 – $0.54 Lead** $0.25 – $0.02 Copper $1.28 – $0.03 Zinc $0.45 – $0.02 Courtesy of Scotiaban…
EXPLORATION ’95 — Granges and Atlas ponder exploration
The boards of Granges (TSE) and its 50.5% subsidiary, Hycroft Resources & Development (TSE), have approved an amalgamation of the companies, subject to regulatory and shareholder approvals. The propos…