Spot prices at a glance (October 16, 1995)
Wednesday, October 11, 1995Week’sPrice (US)ChangeGold*$384.70+$2.10Silver*$ 5.42+$0.08Platinum*$415.25-$1.00Nickel**$ 3.49-$0.10Lead**$ 0.27$0.00Copper $ 1.25-$0.05Zinca$ 0.4…
News
TVI Pacific completes financing
Holders of warrants to buy shares in TVI Pacific (ASE) have exercised 4.9 million of the 5 million outstanding warrants, which expired on Aug. 29.Each warrant entitled the holder to buy one share of T…
Canyon eyes East African property
Canyon Resources (NASDAQ) has signed an exploration agreement with the government of Ethiopia concerning the Megado Serdo gold property.The 60-sq.-km package lies within the Adola greenstone belt, in …
Ecuadorian takes shine to Peru
Ecuadorian Minerals (TSE) can buy several mining concessions in the Peruvian region of Angasmarca, 100 km from the Yanacocha gold district.The Inti property consists of two blocks of concessions total…
Santa Elina, Echo Bay firm up Chapada deposit
Santa Elina Gold (TSE) and Echo Bay Mines (TSE) are stepping up their joint effort to explore for gold deposits in Brazil.Echo Bay will acquire another 4 million shares of Santa Elina, entitling the m…
STOCK MARKETS — Markets little changed after nervous week
The Toronto Stock Exchange was fortunate in having a day off this past Thanksgiving holiday as Monday brought panic to the board of its New York counterpart. Fortunately, by the time the TSE reopened …
PEOPLE — FAITH MINES (October 16, 1995)
Lynn Evoy appointed director.
TSE Short Positions (October 16, 1995)
Short positions outstanding at September 29, 1995Larger individual positions included: Barrick Gold 5,891,875; Agnico-Eagle 134,998; Archer 138,728; Anderson Expl. 2,371,600; Bema Gold 1,175,600; Cale…
Int’l FreeGold tests Tolovana
Encouraged by preliminary results from the first round of drilling on the Tolovana property in Alaska’s Fairbanks district, International FreeGold Mineral Development (VSE) is set to begin a second ph…
X-Cal strikes gold in trenches
A trenching program at the Sleeper Extension project in northern Nevada is returning encouraging results for X-Cal Resources (TSE).In Area 1, an 80-ft. trench intersected mineralization grading 0.034 …
New gold zone outlined for Skyline
By reviewing old drill core on the Bronson Slope project in northwestern British Columbia, International Skyline Gold (TSE) has detected what may be a new gold zone.The company has resplit and re-assa…
Program planned for Cabot Lake
Ground work on the Cabot Lake property in the Voisey Bay area of Labrador is turning up massive sulphides over a large mineralized area.Gallery Resources (ASE) reports that the mineralized area extend…