GSC focuses on kimberlite search
The Geological Survey of Canada is publishing a series of studies on indicator mineral geochemistry and other aspects of geochemical prospecting for diamond-bearing kimberlites.Indicator minerals in g…
Articles by Northern Miner Staff
Toronto Stock Exchange Indices (February 19, 1996)
1996 Feb 13Feb 12Feb 9Feb 8Feb 7HighLowComposite”300″5045.315049.875037.935040.525026.505066.753983.34Metals&Minerals5240.855304.885319.735370.395362.735382.203273.56Integrated Mi…
Canyon gains partner in Ethiopia
Colorado-based Canyon Resources (NASDAQ) has entered a joint venture with JCI Limited, a South African company, to finance exploration in Ethiopia.JCI can earn 51% in the project by contributing US$4….
TSE Short Positions (February 19, 1996)
Short positions outstanding at January 31, 1996Larger individual positions included: Barrick Gold 7,560,893; Agnico-Eagle 127,743; Arequipa 103,941; Anvil Range 239,500; Bema Gold 1,519,600; Caledonia…
Gold Funds (February 19, 1996)
Gold Funds as of February 8, 1996BGRCentralNet Value$22.22$7.05Price$18.75$7.000Discount15.63%0.7%Value$173,749,000$126,695,100…
Juniors drop Korn Kobb property
Partners Gold Giant Minerals (VSE) and Corner Bay Minerals (VSE) have dropped their option on the Korn Kobb property in southern Arizona.The decision follows the release of a drill program that outlin…
Inco options Fly Lake property
Inco (TSE) can earn a 60% interest in Breakwater Resources’ (TSE) Fly Lake base metal property, east of Red Lake, Ont.To do so, the senior must spend $1.25 million on exploration and pay $125,000 over…
STOCK MARKETS — Gold stocks lose lustre as western markets sag
Gold reversed its direction over the report period ended Feb. 13, taking a bit of the shine off of western markets as it settled in at US$403 per oz. The Vancouver Stock Exchange resource index fell 9…
Int’l Pursuit spins off Indonesian properties
Toronto-based International Pursuit (TSE) and its Indonesian partner will develop properties held by the latter in Kalimantan, Sumatra and Java.A proposed agreement calls for at least eight projects t…
Companies (February 19, 1996)
INDEXAlmaden Res.Argosy MiningAthabaska GoldBarrick GoldBlack Hawk M’gBoron ChemicalsBreakwater Res.Cabo Expl. VtrsCabo VenturesCactus WestCanyon Res.Clear Creek M’gCorner Bay Min.Cornuco…
Oxide values are reported at Copper Mountain project
Drilling on the Copper Mountain property in Nevada has returned oxide copper values for partners Cactus West Explorations (VSE) and Mina Resources (VSE).Mina, which is earning a 51% interest in the pr…
Corriente plans drilling for Laurani
Drilling will evaluate the bulk-tonnage potential of the Laurani property, 100 km south of La Paz, Bolivia.The 4,000-hectare property, owned by Corriente Resources (VSE), is a former gold-silver-coppe…