Cumberland hits more gold at Meadowbank
Drilling at the recently discovered Bay zone at the Meadowbank property of Cumberland Resources (CBD-T) near Baker Lake, N.W.T., has recovered additional high-grade gold values.A first-phase drill pro…
Articles by Northern Miner Staff
TSE SHORT POSITIONS (September 08, 1997)
Short positions outstanding at August 15, 1997Larger individual positions include: Anvil Range Mining 125,500, up 125,500; Barrick Gold 10,721,067, down 1,083,831; Bema Gold 4,321,786, down 85,500; Ca…
MOST ACTIVE ISSUES, August 20-26
ExchgVol(000s) CloseChangePan Amern ResM56800.25Denison Mines…
SPOT PRICES (September 01, 1997)
Wednesday, August 27, 1997Price (US)Week’s ChangeGold*$325.30+ $3.30Silver*$ 4.66…
TORONTO STOCK EXCHANGE INDICES (September 01, 1997)
1997Aug 26Aug 25Aug 22Aug 21Aug 20HighLowComposite”300″6697.916732.916709.786732.976773.136964.085657.96Metals & Minrls5100.355168.555115.825146.505194.905891.754927.03Integrated …
Drills turn at Lew property
A 6-hole drill program totalling 2,000 metres is under way at the Lew volcanogenic copper-zinc property, 20 km east-northeast of Flin Flon, Man.Partners Thunderwood Resources (THS-T) and Consolidated …
Voisey’s Bay work halted
A permitting delay threatens to push back the production date for the Voisey’s Bay nickel-copper-cobalt project beyond the current projection of late 1999.A Newfoundland Court of Appeal injunction has…
Cornucopia eyes Dublin Gulch
The Dublin Gulch gold project in the Yukon Territory has been relatively inactive for years. But Cornucopia Resources (CNP-T) plans to take control of the project from First Dynasty Mines (FDM-T) and …
Cartaway poised to drill in Labrador
Sapphires in the south and nickel-copper-cobalt farther north represent the commodities being sought in Labrador by Cartaway Resources (cwa-a).The junior has established a camp and started a program o…
Plata Mining seeks Argentine gold and zinc
Junior Plata Mining (PMT-A) is setting its sights on developing its Argentine gold and zinc properties while it tries to overcome financing problems.The Buenos Aires-based company is headed by Preside…
GOLD FUNDS (September 01, 1997)
Gold Funds as of August 21, 1997BGRCentralNet Value$18.73$5.61Price$14.65…
Royal Oak finds deeper gold near Colomac
Drill results suggest that the Colomac gold mine in the Northwest Territories may have potential to continue as an underground operation once production at the open pit ceases this autumn.Various expl…