Omni prepares to drill Mt. Skukum
Omni Resources (ORI-V) has two exploration and development programs under way on its Mount Skukum properties, 40 miles south of Whitehorse, Y.T.At the Skukum Creek project, the company is preparing to…
News
PEOPLE — GRANGES (July 22, 1996)
Ronald McGregor appointed vice-president of operation and development.
PEOPLE — DAKOTA (July 22, 1996)
Tor Jensen appointed to board of directors.
NEWS IN BRIEF (July 22, 1996)
Iron River Resources (IRN-V) has changed its name to South Duval Gold (SDG-V) on a 1-new-for-5-old-share basis.
DIAMOND PAGE — Hymex sees Guinea diamond output rise
The alluvial diamond mining operations of Hymex Diamond (HMD-V) in the small West African country of Guinea are producing gems at a rate five times higher than a year ago.In June, the company washed 6…
INVESTMENT COMMENTARY — Gold exploration potential renders First Miss a hit
With its yearly gold production about to double, FirstMiss Gold (FRMG-Q) could have enough cash on hand to mount a major exploration campaign in the Getchell trend of north-central Nevada.Analyst Geof…
OBITUARY — John Allan Graham
John Allan Graham, former manager of the Geco copper-zinc mine in northern Ontario, has died. He was 84.Born in Alberta and educated at the University of Alberta, Mr. Graham began his mining career in…
Assays confirmed in S. Carolina play
After receiving positive assays from the first drill hole from the Buzzard gold property in South Carolina, Calgary-based Cepeda Minerals (CMM-V) wanted to be sure of what it really had. New core pulp…
Asarco to fund development of Minto copper mine in Yukon
In order to develop the Minto copper mine in the Yukon, Minto Explorations (MXO-V) has teamed up with its major shareholder, Asarco (AR-N).Asarco will acquire a 70% interest in the project and provide…
Gem River growing
Sapphire reserves on the Lower Dry Cottonwood Creek property in Montana have increased by 21%, reports Michigan-based Gem River (GR-A).Proven and probable reserves in the Upper Meadow portion of the p…
GREATEST VALUE TRADED, July 10-16
ExchgVal($000s)HighLowCloseChangeArequipa ResT287…
TORONTO STOCK EXCHANGE INDICES (July 22, 1996)
1996July 16July 15July 12July 11July 10HighLowCom…