Corriente plans drilling for Laurani
Drilling will evaluate the bulk-tonnage potential of the Laurani property, 100 km south of La Paz, Bolivia.The 4,000-hectare property, owned by Corriente Resources (VSE), is a former gold-silver-coppe…
News
Inco bides its time, could still make counter offer
Ultimate control of Diamond Fields Resources (TSE), 75%- owner of the highly prized Voisey’s Bay nickel-copper-cobalt discovery in Labrador, is not likely to be decided until mid-April.Inco (TSE), alo…
Index (February 19, 1996)
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Meetings (February 19, 1996)
MeetingsFeb. 25 Int’l MichamFeb. 25 SerenaFeb. 26 AcrexFeb. 26 Intracorp Feb. 26 LMX Res.Feb. 26 StinaFeb. 27 Arapahoe Feb. 27 Dundee-Palliser Feb. 27 Greenhope Feb. 28 Claddagh Gold Feb. 28 Goldbelt …
Sutton spins drills at Bulyanhulu
Drilling has resumed at the Bulyanhulu gold deposit in Tanzania.Sutton Resources (VSE) is attempting to expand the deposit, which was last estimated to contain 7.2 million tons grading 0.45 oz. gold p…
Study is bullish on Lewis Ponds
The Lewis Ponds project in New South Wales, Australia, has the potential to become a profitable mine, according to an independent study.Tri Origin Exploration (TSE) commissioned the study, which focus…
Ladner Creek returns gold values
Drilling on the Ladner Creek property near Hope, B.C., is returning more gold values for Athabaska Gold Resources (TSE).The company is drill-testing a gold zone from a new drift on the 875 level of th…
No Headline (February 19, 1996)
Hemlo picks up Red Lake optionShane Resources (VSE) has dealt an option on its Ball Twp. gold property, 30 km west of Red Lake, Ont., to Hemlo Gold Mines (TSE).To earn a 60% interest, Hemlo will pay $…
Pacific Wildcat proves up Sulut
Initial drill results at the Sulut property in northeastern Sulawesi, Indonesia, support previous resource estimates, reports Pacific Wildcat Resources (VSE).Historic work by a major mining company ou…
Keystone players consolidate holdings
The Keystone joint venture has acquired the remaining interest in the Wasekwan Belt property, near its producing Burnt Timber mine, southeast of Lynn Lake, Man.Minority holders Trans America Industrie…
GREATEST VALUE TRADED (February 19, 1996)
ExchngValue(000s) High Low Close ChangeDiamond Flds T669321$39 1/830 1/238 3/8+7 7/8Barrick Gold T326930$454141 3/4-2 1/2Placer Dome T219698$423838 5/8-2 5/8Inco Ltd T182496…
Murgor reports results from Barry Twp.
Winter drilling has wound down on the Barry Twp. gold property in northwestern Quebec.Murgor Resources (ME) has been testing the extent of a gold showing, where values as high as 0.1 oz. gold per ton …