Gold Funds (June 24, 1996)
Gold Funds as of June 13, 1996BGRCentralNet Value$24.27$6.52Price$18.25$6…
News
BASE METALS SPECIAL — Platinova A/S gears up for work on its properties in Greenland
The onset of summer has Platinova A/S (PAS-T) gearing up for work programs at various properties in Greenland.Drilling has begun at the company’s wholly owned Peary Land zinc project, situated on tide…
BASE METALS SPECIAL — Summo gears up to drill Champion
Up to 50 holes will be drilled on the Champion copper oxide property in north-central New Mexico.Summo Minerals (SMA-T) intends to test the open extension of a new oxide zone, which lies north of a dr…
BASE METALS SPECIAL — Mazenod Lake highlights Canada’s potential for Olympic Dam copper-gold deposits
They’re big, and they’ve got plenty of byproduct credits. Any company attracted to copper as a commodity has to be attracted to Olympic Dam models of mineralization. The similarity between the Canadia…
Spanish Mountain returns gold values
Trenching on the Spanish Mountain property, in British Columbia’s Cariboo district, is returning gold values for Eastfield Resources (ETF-V), Consolidated Logan Mines (CKO-V) and Cyprus Amax Minerals …
ODDS ‘N’ SODS — Close call at Island Lake
As much a fixture of Canadian mining history as prospectors and developers, the bush pilots who operated in remote parts of the country also helped shape the industry.One such man is E.W. “Ted” Stull,…
Manitoba announces funding
The government of Manitoba has approved eight new exploration projects, totalling $321,000, through an interim offering of the province’s Mineral Exploration Assistance Program (MEAP)..ZExpenditures f…
GREATEST VALUE TRADED, June 12-18
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BASE METALS SPECIAL — Alta Gold to develop Copper Flat porphyry
With a porphyry deposit in New Mexico, Alta Gold (ALTA-Q) is branching out from gold mining into base metals.The Copper Flat deposit contains copper-molybdenum mineralization, with significant values …
Joubin receives MDD’s highest award
Legendary Canadian geologist Franc Joubin has received the Duncan R. Derry medal, the highest award given by the mineral deposits division of the Geological Association of Canada.The 86-year-old veter…
Toronto Stock Exchange Indices (June 24, 1996)
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Mill being built at Nugget Pond
A mill is being constructed at the Nugget Pond property at Baie Verte, Nfld.Owner Richmont Mines (RIC-T) expects to reach production in March, thereby boosting its total gold output from Canadian oper…