Exall and St Andrew sign milling pact
Ore from the Glimmer gold project near Matheson, Ont., will be processed at the nearby Stock Twp. mill of St Andrew Goldfields (TSE). Exall Resources (TSE) owns 60% of the Glimmer mine.The Stock mill …
News
Lyndex to buy Spanish concentrator
CDN-listed Lyndex Exploration will buy a mill and related equipment for its Salave gold project in northern Spain.The Rubiales mill, also situated in northern Spain, has a capacity of 3,000 tons per d…
X-Cal negotiates with Amax Gold
Negotiations between X-Cal Resources (TSE) and Amax Gold (NYSE) are in progress, with the objective of combining property holdings in the Sleeper area of Humboldt Cty., Nev.X-Cal holds a large package…
Sierra Madre finds gold in Mexico
Mapping and sampling by Minera Sierra Madre (ASE) on the former-producing Tucabe property in Sonora state, Mexico, have confirmed the presence of a gold-bearing structure.The 40-metre-wide zone is she…
Band-Ore pulls gold at Thorne (February 05, 1996)
At its Thorne project, west of Timmins, Ont., Band-Ore Resources (CDN) has drill-tested the western extension of the Kapika zone, where reserves are estimated at 270,000 tonnes grading 2.5 grams gold …
Cyprus to explore Roxmark ground
Cyprus Canada, the Canadian unit of Cyprus Amax (NYSE), will carry out geophysical work and diamond drilling on properties held by Roxmark Mines (TSE) near Geraldton, Ont.Cyprus is earning a 60% inter…
Goldcorp to triple production at its Red Lake gold operation
With development drilling indicating substantial new reserves, Goldcorp (TSE) will increase annual production at its mine in Red Lake, Ont., to 150,000 from 50,000 oz.Kilborn Engineering Pacific estim…
Condor, Spire to explore in Kalimantan
Partners Condor International Resources (VSE) and Spire Ventures (VSE) will acquire an 85% interest in the Sokan gold project on the Indonesian island of Kalimantan.Each company will issue US$350,000 …
Companies (February 05, 1996)
INDEXAkeroki-AshntiAkiko GoldAltra VenturesAmax GoldAsia PacificAurizon MinesAvalon VenturesBand-OreBarrick GoldBattle Mtn GldBema GoldBolivar GldfldsBre-X MineralsCambiorCamecoCampbell Res.Canarc Re…
Network reports new trading record
The Canadian Dealing Network, the nation’s major trading mart for over-the-counter stocks, has set a trading record for the third consecutive year.Trading volume in 1995 was close to 1.7 billion share…
Meetings (February 05, 1996)
MEETINGSFeb. 12, Winspear Feb. 13, Blackwater GoldFeb. 13, Coast FalconFeb. 13, RochesterFeb. 14, AndersonFeb. 15, BordunFeb. 15, Glen AudenFeb. 15, Ideal MetalFeb. 15, Misty Mountain Feb. 15, Opawica…
Canarc to go underground at Polaris-Taku
Canarc Resource (TSE) is proceeding with a $5-million feasibility study on its fully owned Polaris-Taku gold project in northwestern British Columbia, following a positive assessment of the project’s …