Drilling proves up Holloway JV
Four drill holes on the Holloway joint venture of Battle Mountain Canada (BMC-T) and Teddy Bear Valley Mines (TBV-T) have intersected gold mineralization both in the Lightning zone and 5-30 metres to …
News
Rainbow seeks pot of nickel
Assays are expected shortly from diamond drilling carried out by Rainbow Petroleum (RBP-A) at the Copper Prince property near Sudbury, Ont.Core from the first five holes has been sent for assay, and t…
LETTER TO THE EDITOR — Ottawa may be setting a dangerous precedent
Contrary to the “On the Level” motto at the top of your editorial page, I think your theodolite took a bit of a tilt when you published the editorial “What a tangled web . . .” (T.N.M., July 1/96). Yo…
GOLD FUNDS (August 19, 1996)
Gold Funds as of August 8, 1996BGRCentralNet Value$23.35$6.50Price$18.15$…
Alta doubles earnings for quarter
With excellent drill results reported from the Olinghouse deposit in Nevada, Alta Gold (ALTA-N) enjoyed a spectacular second quarter.For the 3-month period ending June 30, the company reported a 44% i…
Agua Rica project proceeds to feasibility
Northern Orion Explorations (NNO-T) has reported encouraging results from the first three holes drilled on the Agua Rica copper-gold project in Argentina.The drilling, which is focusing on the Mi Vida…
METAL PRICES — FREE MARKET (August 19, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateAug. 13Aug. 12Aug. 9Aug. 8Aug. 7…
Spot prices at a glance (August 19, 1996)
Wednesday, August 14, 1996Price (US)Week’s ChangeGold*$387.10-$1.15Silver*$ 5.09…
Fairfield discovers new vein at Siwash gold property
Exploration by Fairfield Minerals (FFD-T) has led to the discovery of a new vein system 650 ft. north of, and parallel to, the main Siwash vein near Merritt, B.C.Fairfield recently completed a 49-hole…
Crown Butte swaps New World for federal assets
After lengthy negotiations with the U.S. government, Crown Butte Resources (CBL-T) has agreed in principle to a land exchange that would block further development of the US$100-million New World gold …
Arequipa intensifies drilling as Barrick waits
Junior Arequipa Resources (AQP-T) has stepped up its drill program in the hope that more geological information will help directors and shareholders assess the takeover offer from Barrick Resources (A…
United Keno on track to reopen Yukon silver mines
Positive exploration results from the Elsa properties in the Yukon are bringing United Keno Hill Mines (UKH-T) one step closer to resuming production.The properties, situated 280 miles north of Whiteh…