News

A $10-million abandoned mines program is being set up by the Ontario government. The money for the Abandoned Mine Hazards Abatement Program was allocated in the recent budget brought down by the New D…

Associated companies Kenrich Mining (VSE) and Ambergate Explorations (VSE) recently completed an option agreement allowing Placer Dome (TSE) to earn interests in various claims near the Kerr deposit n…

Daryl Pollock appointed director.

Murray Pezim appointed chairman; Don Head appointed president; Atha MacKinnon-Andrew appointed vice-president; Chet Idziszek appointed director.

Patrick Barry appointed president and director.

Partners Dragoon Resources (VSE) and Greenstone Resources (TSE) recently completed a 4-hole drill program on the David Lew gold project in southwestern British Columbia. The best hole returned 0.11 oz…

Murray Pezim appointed senior financial consultant and chairman of the advisory board.

Wayne Waters elected president; Wayne Waters, Derek Waters, Donette Waters appointed directors succeeding Edward King, Jean King, John Fuller and Gregory Brownless.

London Metal Exhange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 16 July 15 July 12 July 11 July 10 Copper 1340-1342 1329-1330 1336-1338 1376-137…

An 18-hole drill program is under way at Deak Resources’ (TSE) Magusi base metal property, 25 miles northwest of Rouyn-Noranda, Que. The drilling will provide metallurgical samples and further delinea…

More spectacular assay results were released by Westmin Resources (TSE) from ongoing drilling to further test a recently discovered zone on its Myra Falls mine property near Campbell River, B.C. The l…

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Jul 98.95 98.50 98.65 – 2.25 Sep 98.90 98.25 98.65 – 2.15 Dec 97.90 97.25 97.75 SILVER (in US cents per oz.) Jul …