St Andrew encouraged by Taylor drilling
Drill results from the Taylor gold property near Timmins, Ont., are keeping St Andrew Goldfields (SAS-T) in a hopeful frame of mind.The latest results are from five holes drilled in the West Porphyry …
1997
PRODUCER & DEALER PRICES (October 06, 1997)
Aluminium: LME settlements US$1,633 per tonne, alloy $1,430 per tonne (Sept. 30/97).Antimony: Composite free market, US$1,915 per tonne (Sept. 30/97).Bismuth: Composite free market US$3.40 per lb. (Se…
Everest, Blackrun increase Alberta holdings
Diamond explorers Everest Mines & Minerals (EVR-V) and Blackrun Ventures (BLV-V) will acquire a half interest in the Lubicon East prospect, which comprises 165,000 acres in the Buffalo Hills area of A…
Western Pacific Mining joins Pan American Resources in Chile
Montreal-based junior Western Pacific Mining Exploration (WPC-M) and Toronto-based Pan American Resources (PAN-M) will jointly develop one producing and two past-producing properties, near Vallenar in…
Gitennes raises funds for Peruvian work
To finance continuing work on its gold exploration projects in Peru, Gitennes Exploration (GIT-A) has raised $10 million through the sale of special warrants.The private placement consists of 2 millio…
METAL PRICES — Daily Metal Prices (October 06, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateSept. 30Sept. 29Sept. 26Sept. 25…
SPOT PRICES (October 06, 1997)
Wednesday, October 1, 1997Price (US)Week’s Change.ZSGold*$336.80+ $14.80Silver*$5.
Sutton to speed up Bulyanhulu
A special warrant financing has raised $30.7 million in gross proceeds for Sutton Resources (STT-V).About 2.4 million special warrants at $12.80 each were issued to a number of institutions. Each spec…
Abacus explores u.g. potential at Niblack
Abacus Minerals (AMS-V) is investigating the feasibility of underground exploration at the Niblack volcanogenic massive sulphide project in southeastern Alaska.The junior recently released assay resul…
Back Lake sample yields more diamonds
Further sampling near the Yuri kimberlite discovery at the Back Lake project in the Northwest Territories has returned five macrodiamonds (measuring greater than 0.55 mm in one dimension) and two micr…
PEOPLE – MONARCH
Lester Knight appointed vp of finance.
PEOPLE – MOLYCOR
David Madill elected director and John Fisher appointed CEO.