News


Correction (February 03, 1997)

Junior Fairstar Explorations (FFR-M) has a 55% interest in the Fenelon gold property and is operator of the Quebec project.Incorrect information appeared in our issue of Jan. 20.


EDITORIAL PAGE — The Busang waiting game

Maybe today, maybe this week, maybe next month. That about sums up the uncertainty that shareholders of Bre-X Minerals must live with as they wait for the Indonesian government to make a decision on t…


Gitennes gears up for Peruvian drilling program

Alberta-listed Gitennes Exploration (GIT-A) is set to begin drilling its Virgen gold property in the Huamachuco region of north-central Peru.In preparation for at least 2,000 metres of drilling, the c…


Indo Metals-Inco alliance to focus on Indonesia

Junior Indo Metals (IOM-V) will join forces with Inco (N-T) on several of the nickel giant’s polymetallic properties in Indonesia.Under the so-called Maluku strategic alliance, Indo (formerly European…



TSE SHORT POSITIONS (February 03, 1997)

Short positions outstanding at January 15, 1997Larger individual positions included: Barrick Gold 11,100,550, down 1,234,333; Agnico-Eagle 385,217, down 120,551; AJ Perron Gold 376,400, up 376,400; As…


Jersey bails out of Ecuadorean projects

Discouraged by exploration results, Jersey Goldfields (JRG-V) has decided to abandon its 53 mineral properties in Ecuador.The annoucement follows the company’s decision to terminate its option agreeme…



Yamana gains ground in Washington state

Yamana Resources (YRI-T) has added some U.S. prospects to its exploration portfolio, which previously consisted only of projects in South American and Indonesia.The three gold and copper properties, w…




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