Ramrod ups its stake in Damoti
By purchasing the remaining 49% interest in the Damoti Lake gold property in the Northwest Territories, Consolidated Ramrod Gold (TSE) will acquire sole ownership.Ramrod will issue Athabaska Gold Reso…
News
LABRADOR NEWS ROUNDUP — Lucky sampling bodes well
Preliminary sampling at Lucky Break Gold’s (VSE) 95%-owned Hebron Lake properties has returned anomalous values of copper, nickel and cobalt.Field work identified three north-south-trending zones of m…
LABRADOR NEWS ROUNDUP — Geophysics under way at Alliger
A ground-based electromagnetic survey is following up airborne anomalies on the Alliger claim group in Labrador.Situated 75 km north of the Voisey Bay discovery and midway between the properties of Ca…
LABRADOR NEWS ROUNDUP — Drilling will test Konrad
All-North Resources (VSE) can earn up to a half interest in the Konrad property of International CanAlaska Resources (VSE), 35 km west of the Voisey Bay discovery in Labrador.An initial 35% interest c…
Drilling resumes at Niatak Island
A second round of drilling consisting of 15 holes is commencing on the Niatak Island property east of the Voisey Bay discovery in Labrador.Joint-venture partners Goldnev Resources (VSE) and Starcore R…
Redbird Gold flies in a new direction
A new board of directors at Redbird Gold (ASE) plans to reorganize the company to concentrate on gold and base metals exploration.At the annual meeting, shareholders approved a slate of candidates, in…
Lyon Lake to finance Beta Vargas
Costa Rican explorer Lyon Lake Mines (ME) will enter the ranks of junior gold producers after it completes a financing worth US$3 million. The company will use the funds to bring its Beta Vargas prope…
PRODUCER PRICES (October 02, 1995)
ALUMINUM: MW U.S. market US81.5 cents-82.5 cents per lb. (September 15, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$3.90-4.00 per lb. (Septem…
Quebec prospectors honored at conference
Five awards were handed out at the 21st annual conference of the Quebec Prospectors Association in Val d’Or, Que.The conference was attended by 400 people, with the technical sessions proving particul…
MOST ACTIVE ISSUES, SEPT. 20-26 GREATEST VALUE TRADED, SEPT. 20-26
Vol(000s)HighLowCloseChange Gallery Res A14914190101110+1Lucky Break GdV7351402434+7Cons Magna VtrV4179266177215+23Ryl Oak Mns T3962$65 5/86+3/8Cabo Ventur…
STOCK MARKETS — TSE drifts lower despite a rosy outlook
Despite cautious optimism regarding the sovereignty debate, the Toronto market ended lower, led by declines in the metals and precious metals sectors. For the 5-day report period ended Sept. 26, the T…
GOLD FUNDS (October 02, 1995)
Gold Funds as of September 21BGRCentralNet Value$17.86$6.64Price$14.63$6.625Discount18.09%0.2%Value$139,602,000$119,907,863…