Bioleaching shows promise for Adex Mining
New metallurgical processes and higher prices for its commodities may improve the economics of the Mt. Pleasant mine in southwestern New Brunswick. The mine produced tungsten, molybdenum and several b…
News
New zone found at Eagle River
Recent drilling, designed to evaluate showings defined by surface prospecting at the Eagle River property near Wawa, Ont., has identified a potentially significant, new gold zone.River Gold Mines (TSE…
Loan will help Mincor boost Monarch’s yield
A $5-million loan has made it possible for Mincor Resources (ASE) to expand its operations in Mozambique.The money, loaned by a group of European investors, will enable Mincor to expand and upgrade th…
TSE SHORT POSITIONS (October 02, 1995)
Short positions outstanding at September 15, 1995.Larger individual positions included: Barrick Gold 5,706,023; Agnico-Eagle 197,980; Archer Res. 137,600; Anderson Expl. 2,596,600; Beau Canada Expl. 1…
FINANCING (October 02, 1995)
Alpetro — 3,000,000 shs @ 10 cents per sh.Anglo Min. — 1,200,000 shs @ 30 cents per sh.Houston Lake M’g — 2,500,000 shs @ 10 cents per sh.Madrona M’g — 2,000,000 shs @ 15 cents per sh.Mart Res. –…
STOCK MARKETS — Juniors make gains on mixed western markets
Western markets finished the report period ended Sept. 26 mixed, with the Vancouver Stock Exchange composite index down 1.37 at 860.11, while the resource index notched up 13.08 points to close at 1,3…
Spot prices at a glance (October 02, 1995)
Wednesday, September 27, 1995Week’sPrice (US)ChangeGold*$383.20-$1.80Silver*$ 5.46-$0.02Platinum*$420.25-$16.60Nickel**$ 3.86+$0.10Lead**$ 0.27+$0.01Copper $ 1.33+$0.04Zinca…
BHP drills Cabre polymetallic play
A 5-hole, 2,000-metre drill program is being conducted by BHP Minerals Canada on Southern Africa Minerals’ (TSE) wholly owned Cabre polymetallic property near Matagami, Que.The program will test geoph…
Wheaton ready to advance its Golden Bear project
Preliminary feasibility work on the Ursa zone at the Golden Bear mine property in northwestern British Columbia indicates the deposit can be mined at a profit.Wheaton River Minerals (TSE), which contr…
Showings reported for Parker Lake
Exploration work at the Parker Lake project, 60 miles west of Rankin Inlet, N.W.T., is turning up nickel-copper-cobalt massive sulphide mineralization.Parker Lake is owned 50% by Cumberland Resources …
LABRADOR NEWS ROUNDUP — Drills to turn at Tasisuak Lake
Partners Consolidated Magna Ventures (VSE) and Consolidated Viscount Resources (VSE) have now identified seven drill targets on their Tasisuak Lake property, 50 km northwest of Voisey Bay, Labrador.Re…
LABRADOR NEWS ROUNDUP — Ace explores Puttuaalu Lake
Exploration of its land holdings in the Puttuaalu Lake area northwest of Nain, Labrador, has returned sulphides for Ace Developments (VSE).Twenty-five disseminated and massive sulphide occurrences hav…