Eastfield and Prism plan work in Nevada
Partners Eastfield Resources (VSE) and Prism Resources (VSE) have bought the Three Hills project in Nevada.The companies paid Coeur Exploration US$320,000 for the property, which, when combined with t…
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METAL PRICES (April 08, 1996)
FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDate April2 April 1 March 29 March 28 March 27Copper 2496-2498 2515.5-2517.5 2553-2555 2537.5-2539.5 2534-2536 Lead 788-790 791-…
Archangel firms up pipe in Russia
Junior Archangel Diamond (VSE) is encouraged by final results from the discovery hole on pipe 441 at the Verkhotina diamond project in northwestern Russia.Thirty-one macrodiamonds and 152 micros were …
TSE SHORTS (April 08, 1996)
Short positions outstanding at March 15, 1996Larger individual positions included: Barrick Gold 8,449,313; Agnico-Eagle 154,858; Arequipa 114,500; Anvil Range Mining 321,200; Bema Gold 3,432,178; Cale…
Ego gets cash infusion
While the situation is improving, a slow start to cobalt sales from its recovery plant in Cobalt, Ont., has made it necessary for Ego Resources (TSE) to find money elsewhere.As a result, the company h…
Lawyers to discuss Cuban legislation
Recent U.S. legal restrictions involving Canadian trade with Cuba have prompted the law firm Osler, Hoskin & Harcourt to schedule a client seminar for April 24 in Toronto.Experts in trade law will be …
Spot prices at a glance (April 08, 1996)
Wednesday, April 3, 1996Week’sPrice (US)ChangeGold*$393.80-$6.20Silver*$ 5.51-$0.18Platinum*$405.25-$9.25Nickel**$ 3.64-$0.15Lead**$ 0.36-0.01Copper $ 1.13-$0.02Zinca$ 0.47-…
TSE INDICES (April 08, 1996)
= 1996 =April 2 April 1 Mar 29 Mar 28 Mar 27 High LowComposite300″5024.75 4994.27 4970.83 4975.15 4987.46 5066.79 3983.34Metals & Minrls5303.45 5307.16 5326.22 5345.73 5355.41 5463.82 3273.56Int…
GOLD FUNDS (April 08, 1996)
Gold Funds as of March 28, 1996 BGR CentralNet Value $23.43 $6.91Price $19.00 $7.000Discount 18.91% 1.3%Value $183,203,000 $126,695,100…
HRC, Eldorado drill Argentina project
A second phase of drilling is under way on the Laguna Verde property in Argentina.Partners HRC Development (VSE) and Eldorado (TSE) will carry out 6,000-8,000ft. of reverse-circulation work, mainly on…
Meetings (April 08, 1996)
April 15, All-North — annual, generalApril 15, Bonanza Red Lake — annual, specialApril 15, Campbell — annualApril 15, Eldon — annual, generalApril 15, Morgain Minerals — annual, general, specialA…
Promontorio takes shape under Sierra Nevada
Drill results are enabling Sierra Nevada Gold (VSE) to prove up the Promontorio property in Mexico’s Chihuahua state.The California-based company has completed eight core drill holes, testing previous…