First Dynasty applies for rights
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…
News
Freegold updates resource estimate for Golden Summit project in Alaska
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…
AMT International Mining outlines copper target at Old Reliable project
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…
Odin drill-tests gold properties in Ecuador
Odin Mining & Exploration (ODN-V) has received promising assays from the first three holes drilled at its Marcia gold property in southwestern Ecuador.Hole 2 intersected 29.92 metres from surface, gra…
LME Warehouse Levels (March 17, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.10/97 (change from previous week in brackets):Aluminium877,675(-4,775)Copper205,525(-9,275)Lead109,075(+1,050)Nickel45,8…
Oroperu and Pan American verify gold find on Tres Cruces project in Peru
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…
Toronto Stock Exchange Indices (March 17, 1997)
1997Mar 11Mar 10Mar 7Mar 6Mar 5HighLowComposite”3…
Spot prices at a glance (March 17, 1997)
Wednesday, March 12, 1997Price (US)Week’s ChangeGold*$353.15- $2.60Silver*$ 5.23…
TSE Short Positions (March 17, 1997)
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;…
Orvana recalculates Don Mario reserve
New numbers are in from the Don Mario project of Orvana Minerals (ORV-T).By incorporating the results of the 1996 drill program at the Bolivian project, Orvana has increased the reserves in what is te…
PEOPLE — CVL VENTURES
Peter Dunfield appointed director and chief financial officer.
PEOPLE — CHANDELEUR BAY (March 10, 1997)
Lorne March and Ronald Howard appointed directors.