Companies (July 03, 1995)
INDEXAboAbsolutAG AmenoAlmadenAmaradoAmax GoldAmercn BullnAmercn GemBattle MtnBHP MinBirchwd VenBre-X MinCamphr VenCanasilChallengerCheniClaimstakrCons SilvrContl PreciousCrown Cyprs Amx…
News
Summo Minerals working Colorado copper project
Exploration and definition drilling are under way at the Cashin copper property in Colorado.Initially, Summo Minerals (VSE) plans to drill 25 holes totaling 8,000 ft., the objective of which is to exp…
Fairstar to acquire stake in Casa Berardi gold property
Montreal-listed Fairstar Explorations will acquire OGY Petroleums’ (TSE) 45% interest in the Fenelon gold project in northwestern Quebec.Fairstar will issue 1.5 million of its common shares and 1.5 mi…
Orvana’s Eholt property returns copper-gold values
Drilling on the Eholt property in southern British Columbia has returned skarn-hosted, gold-copper mineralization within disseminated and massive sulphides.Orvana Minerals (TSE) drilled four holes wit…
Paramount expands holdings in northwestern Argentina
The northwestern tip of Argentina continues to attract Vancouver-based Paramount Ventures & Finance (VSE).The junior can expand its land position in the province of Jujuy — currently about 60,000 hec…
Vancouver refiner looks to restart
Australian-based Golden West Refining will breathe new life into International Nesmont Industrial’s dormant gold refinery in Ladner, B.C.The refinery was shut down last year after brass bars were foun…
EPA files complaint against Pegasus
Complaints have been filed against Pegasus Gold (TSE) and subsidiary Zortman Mining for allegedly violating the U.S. Clean Water Act at the Zortman-Landusky gold mine in Montana.The complaints were lo…
METAL PRICES — FREE MARKET (July 03, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateJune 27June 26June 23June 22June 21Copper3056-3057 3100-3103 3125-31303135-31403097-3098Lead621-622 626-627 621.5-622.5 611-612…
Winter program enhances diamond project
Winter drilling at the N.W.T. Diamonds project near Lac de Gras has substantially increased the grade of the Misery pipe and enhanced or confirmed the previously reported grades of the Koala, Panda an…
Madsen completes financing
A $2.1 million financing was recently completed by Madsen Gold (TSE). The junior plans to use the proceeds to complete the purchase of the Dona Lake mill.The mill will be moved from its current locati…
Eden Roc to double production
For the first six months of 1995, gold production at Eden Roc Mineral’s (TSE) Ivory Coast property is expected to be more than double what it was in the same period last year.Output for the period is …
San Andreas drilling for silver-lead-zinc
Diamond drilling is under way on the Prairie Creek property of San Andreas Resources (TSE), 300 miles west of Yellowknife, N.W.T.The property hosts a geological resource of 6.8 million tons grading 12…