Toronto Stock Exchange Indices (December 11, 1995)
1995 Dec 5Dec 4Dec 1Nov 30Nov 29HighLowComposite”300″4722.534711.874674.024661.184670.844718.273983.34Metals&Minerals5211.075144.655114.245148.155152.905276.123273.56Integrated Mi…
News
News Roundup — Excellon gains copper project
Junior Excellon Resources (VSE) has entered into an agreement with privately owned Columbia Metals Reactivation, allowing it to earn up to a 50% interest in the 12,000-acre Guerrero Ranch property in …
News Roundup — Golden Briar seeks prospects near Sudbury
Golden Briar Mines (ME) is acquiring 128 claims near Sudbury, Ont.The property lies within the Wanapitei gravity-magnetic anomaly, a gabbronorite complex being explored by several junior companies. Ju…
DIAMOND NEWS ROUNDUP — Namco bulk-testing uncovers diamonds off Namibian coast
Diamonds have been found in each of four sea-floor features in the Hottentots Bay grant sampled by Namco (VSE).Sampling took place in the southeastern quadrant of the Saddle Hill prospect, 8 km off th…
New mineralization found at LaRonde mine
Drilling has expanded the size of the mineralized zone at the LaRonde mine, 55 km west of Val d’Or, Que., and owner Agnico-Eagle Mines (TSE) is optimistic about increasing the reserves.Drill holes adv…
Producer Prices (December 11, 1995)
ALUMINUM: MW U.S. market US77 cents-78 cents per lb. (Nov. 24, 1995).ANTIMONY: MW New York dealer US$2.20-2.40 per lb. (Nov. 24, 1995).BISMUTH: MW New York dealer US$4.00-4.30 per lb. (Nov. 24, 1995)….
Rio Narcea drills new discovery west of El Valle gold deposit
Two holes drilled by Rio Narcea Gold Mines (TSE) in northern Spain have intersected the yellow metal.The discovery was made west of the deposit known as El Valle, on the Rio Narcea gold belt.Hole Val-…
Western Mining teams up with Argentina Gold
A subsidiary of Western Mining of Australia can acquire a 60% interest in three of the Argentine properties of Argentina Gold (VSE).In return for the option, Western has paid the vendor US$3 million a…
Arequipa finds gold in Peru
Arequipa Resources (TSE) has identified several gold prospects along an 80-km-long, structurally controlled belt of rocks in northern Peru.The Vancouver-based junior is following up the discoveries wi…
Cominco options Percy base metal properties
Two companies active in north-central Ontario, Avalon Ventures (VSE) and Starcore Resources (VSE), have optioned their adjoining base metal properties to Cominco (TSE).The agreement, which is not yet …
Santa Cruz Gold raises $3 million
CDN-listed Santa Cruz Gold has completed a private placement of 6 million special warrants priced at 50 cents each.A special warrant is exchangeable for one unit consisting of one common share and hal…
Stellar firms up nickel acquisition
Junior Stellar Gold (VSE) is going ahead with its planned acquisition of a laterite nickel deposit in the Philippines.To acquire the Palawan project, Stellar, which has 4.8 million shares outstanding,…