PEOPLE — KENSINGTON (March 31, 1997)
Del Knowlton appointed director.
Articles by Northern Miner Staff
Exall hits high-grade mineralization at Glimmer mine in Ontario’s north
Ongoing diamond drilling at the Glimmer gold mine near Matheson, Ont., is returning excellent results for Exall Resources (EXL-T).The company has a 65.53% interest in the project, with the remainder h…
PEOPLE — BRIGADIER GOLD (March 31, 1997)
Herb Kokotow appointed president and director; Ken Wolfson, Allan Willy and Barry Nash appointed directors.
CoW approved for Indomin Res.
Four contracts of work (CoWs) have been approved by the Indonesian government, allowing Indomin Resources (IRL-V) to begin drilling at its Busang North property, 40 km northeast of the Busang gold pro…
Champion outlines gold zone at depth
Preliminary drill results from the Takatu gold project in Guyana show that gold values in surface rocks persist at depth in sulphide-bearing rock.Champion Resources (CHL-V) reports that the first diam…
ODDS’N’SODS — The age of the leasers
The 1920s marked the end of the road for most of the original silver mines in Cobalt, Ont.The sudden collapse of the local industry created a unique situation in the town. Many of the workings were st…
GREATEST VALUE TRADED (March 31, 1997)
ExchgValue($000s)HighLowCloseChangeBre-X MnrlsT38…
THE DIAMOND PAGE — Spider Resources acquires African diamond concessions
Montreal-based diamond explorer Spider Resources(SPQ-A) has acquired options on two adjacent concessions in Guinea, West Africa.The company can earn a 50% interest in an alluvial deposit and a 70% int…
NEWS IN BRIEF (March 31, 1997)
Jettra Resources (JET-V) has changed its name to Great Canadian Gaming (GCD-V).
STOCK MARKETS — Bre-X debacle leaves TSE bloody
The Toronto Stock Exchange looked like it was having a routine week, until the junior mines went over the cliff.The chain of events started with an announcement, on the morning of March 26, that tradi…
Spot prices at a glance (March 31, 1997)
Wednesday, March 26, 1997Price (US)Week’s ChangeGold*$346.80- $2.15Silver*$ 5.09…
MOST ACTIVE ISSUES (March 31, 1997)
ExchgVol(000’s)CloseBre-X MnrlsT2434415.50Rochester MinlV…