Golden Bear tests Indonesian prospect
Junior Golden Bear Minerals (GB-V) is encouraged by results from an 8-hole drill program on the Beruang Mas South project in southern Sumatra, Indonesia.In addition, a closely spaced geophysical progr…
News
Queenstake entices Aussie to Peru
Australian-listed Newcrest Resources has signed a joint-venture agreement with Queenstake Resources (QTR-T) for 12 properties in central Peru.The 19,600-ha land package, wholly owned by Queenstake, is…
Centurion strikes gold in eastern Utah
Salt Lake City-based Centurion Mines (CTMC-Q) has cut significant gold and silver mineralization in sedimentary rocks at its Kings Canyon property in east-central Utah,Drill hole 10 encountered minera…
Testing boosts resource at Pirquitas deposit
Sunshine Mining & Refining (SSC-N) has received encouraging results from preliminary metallurgical testing at its Pirquitas silver-tin deposit in Argentina.Early results indicate that silver recoverie…
INSIDER TRADING — Bre-X Minerals insiders cash in stock options
Directors and senior officers of Bre-X Minerals (BXM-T) were among the mining executives who reported trades to the Ontario Securities Commission during the past month.Vice-president T.S. McAnulty sol…
ODDS’N’SODS — The nose knows
In the summer of 1961, a mining company hired me, a summer geology student, to assist Bill Mundle in mapping a property that had recently been optioned from a local prospector and his partners.The pro…
Goldtex Res. drilling Nevada properties
Junior Goldtex Resources (GXR-A) plans to spend $2.8 million on 50,000 ft.of drilling to test 10 gold properties in Nevada.A total of 11 targets will be drill-tested, while, at the same time, geochemi…
MOST ACTIVE ISSUES, Oct. 23-29
ExchgVol(000s)CloseBRE-X MnrlsT1220523.65Bema GoldT…
LME Warehouse Levels (November 04, 1996)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Oct.28/96 (change from previous week in brackets):Copper132,350 (-27,000)Tin10,075(+60)Lead117,100(+550)Zinc544,375(-2,725)…
Menora doubles strike of Tassawini deposit in Guyana
A program of soil geochemistry has doubled the strike length of the Tassawini gold deposit in Guyana and identified a larger anomalous zone to the west, reports Menora Resources (MEN-M).In the 1980s, …
Companies tie up ground near Sept-Iles
Base metal producer Noranda (NOR-T) and St. Genevieve Resources (SGV-T) have signed a letter-of-intent agreement on the Lac l’Aigle property near Sept-Iles, Que.The 123-claim property is north-northea…
Production levels rise for gold, most base metals
Canadian production of gold, nickel, refined copper and lead in August 1996 rose above levels recorded in the same period last year, whereas output of silver, primary copper and iron were down.Product…