Pentland Firth looks for Hoyle Pond match
The first round of drilling on two Timmins-area properties owned by Pentland Firth Ventures (TSE) has ended.The company drilled the Allerston and Wetmore properties, looking for vein systems comparabl…
News
GREATEST VALUE TRADED, JULY 5-11
Exchange Value($000s)HighLowCloseChange Inco Ltd T362499 $45 5/839 5/845 1/2+6 1/8Barrick Gold T143850 $36 3/834 3/836 1/4+11/4Placer Dome T134942 $38 3/435 1/238 3/4+27/8Nora…
Monarch takes flight as Camorra overcomes initial problems
Despite operational difficulties at its Camorra gold mine in Venezuela, Monarch Resources (TSE) managed to produce a record amount of the yellow metal in 1994.Venezuela’s largest private gold mining c…
Index (July 17, 1995)
REGULAR DEPTARTMENTSCareersClassified AdvertisingDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryOdds `n’ SodsProfessional DirectoryRights & WarrantsStock MarketsSubscriber…
Companies (July 17, 1995)
IndexAlmadenAmax GoldAmercn BullnAnglo AmercnAquilineArgosyAsarcoAtnaBHP Min CanBHP MinrlsCaledoniaCanabravaCanAlaskaCastle RckColumba YuknCons Gld VesCons GoldstckCusac IndusCyprus AmaxEcho…
NEWS IN BRIEF (July 17, 1995)
Consolidated Goldstack International Resources (CKR:VSE) has changed its name to Zim-Gold Resources (ZIM:VSE) on a share-for-share basis..AMOST ACTIVE ISSUES, JULY 5-11Exchange Volume(000s)CloseInco …
Sampling ongoing at Nugget Pond
A final round of bulk sampling, now under way, is expected to lead to a production decision at the Nugget Pond gold property on Newfoundland’s Baie Verte Peninsula.Richmont Mines (TSE) and Noveder (ME…
Globex encouraged by Duquesne West results
Drilling by Santa Fe Canadian Mining has returned a 35.1-ft. intersection grading 1.56 oz. gold per ton (0.51 oz. cut to 1 oz.) from Globex Mining’s (ME) Duquesne West property in Quebec’s Duparquet T…
Gold Funds (July 17, 1995)
Gold Funds as of July 11BGRCentralNet Value$18.02$6.57Price$14.13$6.625Discount21.62%Premium0.8%Value$140,904,000$119,907,863…
Conversion of Weights and Measures (July 17, 1995)
1 troy ounce = 31.1 grams1 kilogram = 32.15 troy ounces1 kilogram = 2.2046 pounds1 (metric) tonne = 1,000 kilograms1 (metric) tonne = 2,204.6 pounds1 (short) ton = 2,000 pounds1 (metric) t…
Mallon plans study for Rio Chiquito
Having raised US$2.5 million, Mallon Resources (NASDAQ) and its 80%-owned subsidiary, Laguna Gold, are engaged in exploring the Rio Chiquito property in Costa Rica.The program includes 8,000 metres of…
LABRADOR NEWS ROUNDUP — Castle Rock reports copper values
Initial prospecting in the Wilson Lake area of Labrador has identified sulphide showings along a contact between older gneisses and a gabbroic unit.Castle Rock Exploration (VSE) reports that copper va…