Kinross and Pentland gain Falconbridge ground
A deal valued at $1.9 million will enable Kinross Gold (K-T) and its affiliate, Pentland Firth Ventures (PFO-T), to take over several gold properties in Ontario and Quebec from Falconbridge (FL-T).The…
Pentland Firth Ventures Ltd
THE GLOBAL SEARCH FOR GOLD SPECIAL — Gold keeps Ontario’s Porcupine district on the map
When the Porcupine gold camp, near Timmins, Ont., has to compete with the glamor of the Andes and the mystery of Southeast Asia, it pulls out its secret weapon: gold. Exploration somehow keeps going w…
Pentland hits at East Wetmore
Drill-testing of the East Wetmore prospect near Timmins, Ont., has intersected gold mineralization grading up to 223.6 grams per tonne.Pentland Firth Ventures (PFO-T) drilled the holes as part of its …
STOCK MARKETS — Metals miss out on TSE’s rise
The Toronto Stock Exchange was up a modest 31.66 points over the report period ended May 21, closing at a record 5,238.25. The manufacturing, oil and gas, and financial services sectors drove the adva…
Band-Ore extends mineralization (May 13, 1996)
Six more drill holes at the Thorne property of Band-Ore Resources (CDN) in Thornloe Twp., west of Timmins, Ont., have intersected gold on extensions of the mineralized structure.Most of the follow-up …
Hoyle Township properties showing further promise
Both Pentland Firth Ventures (TSE) and Black Hawk Mining (TSE) report encouraging results on properties in Hoyle Twp., Ont., just east of Timmins.Pentland is expanding the resource at its former-produ…
Pentland cuts gold at Marlhill
Drilling at the Marlhill property by Pentland Firth Ventures (TSE) has not gone as planned. Still, operator Pentland Firth is far from upset.The two most recent drill holes did not flatten as anticipa…
Pentland Firth picks up Hoyle gold property
The estate of the late F.W. Schumacher (one of the great names in the early days of the Timmins gold camp) has agreed to option a quarter-section in Hoyle Township, Ont., to Pentland Firth Ventures (T…
INVESTMENT COMMENTARY — Kinross takes a breather
By purchasing underdeveloped assets and realizing their full potential, Kinross Gold (TSE) has become one of the fastest-growing North American gold producers. Indeed, the company seems poised to join…
INSIDER TRADING — Adex execs exercise options and sell shares
Several insiders of Adex Mining (TSE) traded both common shares and options in the company during April and May.According to the Ontario Securities Commission’s OSC Bulletin, Sally Burton, senior offi…
Pentland Firth looks for Hoyle Pond match
The first round of drilling on two Timmins-area properties owned by Pentland Firth Ventures (TSE) has ended.The company drilled the Allerston and Wetmore properties, looking for vein systems comparabl…
INSIDER TRAIDING — Cons. Ramrod execs acquire shares
Three directors and senior officers of Consolidated Ramrod Gold acquired shares in April.According to the Ontario Securities Commission’s OSC Bulletin, Robert Hunziker, senior officer, exercised optio…