Companies (May 24, 1999)
Aegean GoldAscot ResourcesBattle Mountain GoldBolidenComincoCyprus Amax MineralsDe Beers Consolidated MinesEuroZinc MiningFrancisco GoldFreewest Resources CanadaGlamis GoldGoldmax Resources…
Greater Lenora Resources Corporation
Pierre Lassonde, Seymour Schulich named Mining Men of the Year
They call themselves “miners in Gucci loafers,” — a suitable moniker for Pierre Lassonde and Seymour Schulich, considering that they make up one of Bay Street’s most financially successful gold minin…
Franco to drill at Holloway Twp.
Geophysical surveys are complete and Franco-Nevada Mining (FN-T) will shortly be drilling at the Holloway Twp. property in northeastern Ontario, held in joint venture with Greater Lenora Resources (GE…
Royalty sisters expand Snyder — Former Midas project ahead of budget
Once operational, by May of 1999, the Ken Snyder gold mine in Nevada is expected to yield 250,000 oz. annually at a cash operating cost of US$78 per gold-equivalent ounce.Equal owners Franco-Nevada Mi…
Drilling tests Bylund prospect
Joint-venture partners Freewest Resources Canada (FWR-T) and Greater Lenora Resources (GEN-T) have drilled three holes on their Bylund gold property, 55 km west of Thunder Bay, Ont.Drill results are: …
STOCK MARKETS — Golds lead TSE as base metals rise
A rally by the golds enabled the Toronto Stock Exchange to improve over the period ended May 7. Nonetheless, the TSE 300 composite finished at another record high of 5,167.07 after having dipped sligh…
Lenora downgrades Box and Athona
Greater Lenora Resources (TSE) has downgraded the reserve figures for its Goldfields project on the northern shore of Lake Athabaska in Saskatchewan.Published minable reserves for the project, which i…
Greater Lenora to decide on Goldfields
Greater Lenora Resources (TSE) will decide in January whether to bring its Goldfields project into production.The company is in discussions with merchant banker Rothschild Denver to arrange debt finan…
Correction (September 25, 1995)
Assays on drill cores from the Box gold mine of Greater Lenora Resources (TSE) ranged from 0.79 gram gold per tonne over 35 metres to 4.32 grams over 38 metres. Incorrect information appeared in our S…
Feasibility study raises hopes for Greater Lenora
Interim results of the feasibility study under way at the Box and Athona gold deposits in northwestern Saskatchewan have confirmed a minimum minable reserve of 900,000 oz.Project operator Greater Leno…
MARKET STORY — Referendum jitters weaken gains in resource issues
Concerns about the upcoming Quebec referendum and related political uncertainty softened gains made by metals and gold stocks as the TSE 300 composite managed to post a reasonable gain. For the 5-day …
More ore possible at Box mine
Drill results at the former Box gold mine in northern Saskatchewan indicate the presence of additional mineralization at depth, and owner Greater Lenora Resources (TSE) expects reserves to increase as…