News



LME warehouse levels (January 20, 1997)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.13/97 (change from previous week in brackets):Aluminium968,500(+11,125)Copper131,475(-3,225)Lead117,650(-750)Nickel47,90…



Fairstar releases results from Amantin

A first phase of diamond drilling on the Benso concession in Ghana has identified a gold-bearing shear zone underlying the Amantin prospect.Fairstar Explorations (FFR-M) conducted the 5-hole, 1,800-me…



Laramide withdraws bid for Aquiline Resources

Laramide Resources (LAM-T) has withdrawn its $5.3-million hostile takeover bid for Aquiline Resources (AQI-V), after a court turned down its petition to block Aquiline’s transactions on a Mexican prop…


Gitennes arranges placement with Teck

Gitennes Explorations (GIT-A) has arranged a $4.2-million private placement financing with Teck (TEK-T) to help fund exploration in Peru.The transaction includes 1 million units of Gitennes at $4.20 e…



Orogrande seeks gold in Jamaica

Calgary-based Orogrande Resources (ORG-A) is prospecting for gold and copper at its Bellas Gate concessions in Jamaica.The concessions, totalling 42 sq. miles, are 40 miles northwest of Kingston in a …


Fairfield Minerals tests targets near Siwash zone

Diamond drilling at the Siwash gold mine near Merritt, B.C., continued during the third quarter of 1996, and Fairfield Minerals (FFD-T) remains encouraged by the results.Forty-two holes, drilled over …


NDU Res. ups reserve at Yukon’s Marg property

A 26-hole program of infill and delineation drilling program completed by NDU Resources (NDU-T) on the Marg property in the central Yukon during 1996 has significantly boosted reserves.A drill-indicat…


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