TSE Short Positions (October 16, 1995)
Short positions outstanding at September 29, 1995Larger individual positions included: Barrick Gold 5,891,875; Agnico-Eagle 134,998; Archer 138,728; Anderson Expl. 2,371,600; Bema Gold 1,175,600; Cale…
1995
Int’l FreeGold tests Tolovana
Encouraged by preliminary results from the first round of drilling on the Tolovana property in Alaska’s Fairbanks district, International FreeGold Mineral Development (VSE) is set to begin a second ph…
X-Cal strikes gold in trenches
A trenching program at the Sleeper Extension project in northern Nevada is returning encouraging results for X-Cal Resources (TSE).In Area 1, an 80-ft. trench intersected mineralization grading 0.034 …
New gold zone outlined for Skyline
By reviewing old drill core on the Bronson Slope project in northwestern British Columbia, International Skyline Gold (TSE) has detected what may be a new gold zone.The company has resplit and re-assa…
Program planned for Cabot Lake
Ground work on the Cabot Lake property in the Voisey Bay area of Labrador is turning up massive sulphides over a large mineralized area.Gallery Resources (ASE) reports that the mineralized area extend…
Newmont showcases environmental success story in Colorado
At a time when the mining industry is coming under criticism for proposing to build a mine near Yellowstone National Park and for a tailings dam spill in French Guyana, it easy to overlook certain adv…
Glimmer, Golden Dragon end talks
All discussions concerning a plan of arrangement between Glimmer Resources (VSE) and Canadian Golden Dragon Resources (VSE), proposed in September, have been terminated.In addition, Glimmer has been g…
Falconbridge celebrates Craig mine opening
Although Falconbridge (TSE) has ventured abroad to develop projects in the Dominican Republic and Chile, it has never forgotten that its roots are firmly planted in Ontario’s Sudbury Basin.The Sudbury…
Sulphides cut at Boundary claim block
The first hole of an exploratory drilling campaign has intersected two mineralized zones on the Boundary Block claims, 75 km northwest of the Voisey Bay discovery.The Boundary Block is one of four gro…
Financing (October 16, 1995)
Mina Resources Ltd. — 900,000 shs @ 45 cents per sh.
Leach tests help characterize Old Nick
Metallurgical tests indicate the Old Nick nickel deposit near Bridesville in southern British Columbia may be leachable.Situated near Bridesville, the deposit forms part of the Rock Creek Gold Trend j…
Nevsun to drill-test anomalies at Kubi
A second phase of drilling will start on the Kubi concession, which is adjacent to, and on strike with, the Ashanti gold mine in central Ghana.Nevsun Resources (VSE), which holds a 90% interest, will …