Alaskan data being released
The state of Alaska has released new geophysical data on the Rampart and Hot Springs mining districts in the central part of the state.The information packet includes detailed aeromagnetic and resisti…
News
No Headline (March 18, 1996)
INVESTMENT COMMENTARY — Exposure to foreign projects boosts High River Gold’s potential
A new gold mine in Manitoba and a growing roster of international projects have enhanced the growth potential of High River Gold Mines (TSE).Mining analyst David James of Canaccord Capital describes t…
Toronto Stock Exchange Indices (March 18, 1996)
-1996-Mar 12Mar 11Mar 8Mar 7Mar 6HighLowComposite “300”4936.224933.634895.434980.804973.345066.793983.34Metals & Minerals5381.975341.845194.005275.875248.525382.203273.56Integrate…
Ecuadorian raises funds for Gaby
A private placement of up to 4 million units at $2.25 each will provide additional funding for Ecuadorian Minerals (TSE), leaving the company well-funded for final feasibility work on its Gaby gold-po…
Pacific Comox expands trenching at Adansi Asaasi
More soil sampling and trenching are in progress on the Adansi Asaasi property in Ghana.Pacific Comox Resources (VSE), which can acquire up to an 85% interest in the property, has completed 14 trenche…
Spot prices at a glance (March 18, 1996)
Wednesday, March 13, 1996Week’sPrice (US)ChangeGold*$397.40+$3.80Silver*$ 5.58+$0.22Platinum*$413.75+$7.40Nickel**$ 3.64+$0.19Lead**$ 0.37+$0.03Copper $ 1.18+$0.02Zinca$ 0.50…
Caribou mine plan gets nod
East West Caribou Mining, a unit of Breakwater Resources (TSE), has received approval from New Brunswick’s ministries of environment and natural resources to proceed with development of the Caribou an…
DIAMOND NEWS ROUNDUP — Trade Winds drills Drybones
Exploration drilling is under way at the Drybones Bay property, 50 km south of Yellowknife, N.W.T.Trade Winds Resources (VSE), which holds an option to earn an 80% interest in the property, intends to…
Employment figures kick-start western markets
Western markets managed to rebound from a 1-day drop triggered by a stronger than expected employment growth south of the border for the report period ended March 12.The Vancouver Stock Exchange resou…
Madison, Avenir plan to explore Brazilian properties
A proposed amalgamation between Consolidated Madison Holdings (VSE) and Future Avenir (CDN) will create a new junior exploration company with a focus on Brazil.Shareholders of Future Avenir will recei…
Fortune options more N.W.T. land
Fortune Minerals NWT, a unit of Fortune Minerals (CDN), has entered into an option agreement with Noranda (TSE) to earn a half interest in the Sue-Dianne copper-silver deposit in the Northwest Territo…