Michaud results yield gold values
Drilling on the Michaud property north of Kirkland Lake, Ont., has hit gold concentrations ranging from 1 to 12.9 grams per tonne.The ongoing program is being carried out by Barrick Gold (TSE). The pr…
News
NEW HORIZONS — Non-ferrous metals: a renewable resource
The recycling of metals is a complex subject which spans the physical, chemical, environmental and social sciences, as well as engineering and technology. Recycling is influenced by cultural, economic…
Cont. Pacific hits massive sulphides at the Anialik-High Lake property
Drilling on the Anialik-High Lake property in the Northwest Territories is returning massive sulphide intersections for owner Continental Pacific Resources (VSE).The drilling includes four holes colla…
TSE SHORT POSITIONS (July 10, 1995)
Short positions outstanding at June 15, 1995.Larger individual positions included: Aber Res. 31,100; Adrian 67,700, Agnico-Eagle 197,730; Anderson Expl. 31,900; Archer 74,800; Arimetco 55,800, Asia Pa…
PEOPLE — KILO GOLD
Peter Workum appointed president and Theodor Hennig appointed vice-president.
Mirage estimates a resource for its Salvadoran gold project
Consultants for Mirage Resource (TSE) have calculated a geological resource of 5.2 million tonnes grading 6.29 grams gold and 46.23 grams silver per tonne for the Salvadoran project known as El Dorado…
Summitville mine employee indicted by federal grand jury
In the latest development in the Summitville debacle, a U.S. federal grand jury handed down an indictment against the former operator of the Summitville gold mine in Colorado and one of its former man…
GOLD FUNDS (July 10, 1995)
Gold Funds as of July 4BGRCentralNet Value$18.14$6.73Price$14.50$6.75Discount20.08%Premium0.3%Value$141,860,000$122,170,275…
LABRADOR NEWS ROUNDUP — Castle Rock busy in Goose Bay
Surface prospecting and mapping are under way on ground held by Castle Rock Exploration (VSE) 150 km northwest of Goose Bay, Labrador.The company has identified and sampled several new mineralized gos…
Easton says option not good enough
An option agreement whereby Easton Minerals (VSE) was to acquire a 51% interest in the Goodenough gold mine in Zimbabwe has been terminated.Easton stated it was not sufficiently encouraged during the …
Spot prices at a glance (July 10, 1995)
Wednesday, July 5Week’sPrice (US)ChangeGold*$384.60-$4.70Silver*$5.07-$0.26Platinum*$434.00-$8.00Nickel**$3.91+$0.20Lead**$0.28$0.00Copper$1.40+$0.02Zinc$0.46$0.00Courtes…
Syndicate prepares to `beep’ Quebec
A mining syndicate formed by three companies — GeoNova Explorations (VSE), Freewest Resources (TSE) and Quebec Crown corporation Societe quebecoise d’exploration miniere (Soquem) — will conduct a pr…