The Toronto Stock Exchange gained 150.41 points (or 2.4%) over the report period ended March 11 to close at 6,305.46 points. With the exception of March 10, trading volumes were heavy, with three of t…
Toronto-based Geomaque Explorations (GEO-T) will raise $14 million, most of which will be used to acquire interests in Latin American projects.The company sold 4 million special warrants at $3.50 each…
Toronto-based Noront Resources (NOT-V) has several new agreements in the offing.* The company has agreed to a 50-50 joint venture with private parties at its 195-claim base metal prospect in Hurdman t…
In the latest round of drilling at the Beta Vargas concession in Costa Rica, Lyon Lake Mines (LLL-T) has intersected additional low-grade gold mineralization.Previous work outlined a deposit contained…
Drilling by the Peruvian subsidiary of Cominco (CLT-T) is aimed at outlining a large-tonnage gold deposit on the Minaspata property, 110 km southwest of the city of Cuzco.Results from the ongoing, 27-…
First Dynasty Mines (FDM-T) and its Indonesian partners have applied for exploration rights to 207,978 ha on the islands of Kalimantan and Java.Under the application, First Dynasty would effectively h…
Vancouver-based International Freegold Mineral Development (ITF-V) has calculated gold resource estimates for four prospects at its Golden Summit project near Fairbanks, Alaska.*At the Dolphin prospec…
Toronto-based AMT International Mining (AAI-T) is attempting to outline economic copper mineralization at its Old Reliable deposit, near Tuscon, Ariz.A drill program at the deposit, which occupies the…
Drilling by Oroperu Resources (OROP-C) on the Tres Cruces project in north-central Peru has verified the continuity of mineralization.Mineralization at the property, a 50-50 joint venture with Pan Ame…
1997Mar 11Mar 10Mar 7Mar 6Mar 5HighLowComposite”3…
Wednesday, March 12, 1997Price (US)Week’s ChangeGold*$353.15- $2.60Silver*$ 5.23…
Short positions outstanding at March 5, 1997Larger individual positions included: Barrick Gold 11,605,421, up 977,328; Agnico Eagle Mines 247,859; AJ Perron Gold 376,400; Amax Gold 156,670, up 76,600;…
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