Boreal hits gold
Geochemical sampling has Boreal Exploration (BOR-M) off to a good start at two exploration permits near Chibougamau, Que.Four grab samples returned between 2.2 and 33.3 grams gold per tonne. All came …
News
Pangea hits gold at Imwero
Reconnaissance drilling at the Imwero property in the Lake Victoria district of Tanzania has uncovered gold for Pangea Goldfields (PGD-T).A series of widely spaced, shallow, rotary-air-blast holes ret…
BHP eyes porphyry target
The Chilean subsidiary of Australia’s Broken Hill Proprietary (BHP-N) has signed a letter-of-intent to acquire the Elvira copper porphyry prospect in the Atacama Desert.BHP can purchase the 110-sq. km…
Affiliates Wheaton, Kit propose marriage
Merger mania has taken hold of Wheaton River Minerals (WRM-T) and Kit Resources (KIT-T).An agreement-in-principal calls for Kit shareholders to exchange each of their shares for 0.408 share of the mer…
EVENTS (December 06, 1999)
Jan. 23-24 Cambridge House Int’l — “Vancouver Investment Conference.” Hotel Vancouver, Vancouver, B.C. Tel: (614) 888 227-7722.Jan. 25-28 B.C. and Yukon Chamber of Mines — “Cordilleran Geology and E…
Dianor grabs gold, copper near James Bay
Prospecting by Dianor Resources (DOR-M) has turned up three new showings at its MEP 1404, Yasinski and Yasinski North properties, about 45 km southeast of the town of Radisson near James Bay, Que.Grab…
Cambiex helps fund acquisition
Cambiex Exploration (CBX-T) has signed a letter-of-intent with Dynamic QSSP Fund for a private placement worth at least $2.5 million.The company, an affiliate of Cambior (CBJ-T), will apply the procee…
Exchange Rates (December 06, 1999)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateNov. 30Nov. 29Nov. 26Nov. 25Nov. 24…
Canadian Venture Exchange loses ground in first days
The new Canadian Venture Exchange, formed by the merger of the Vancouver and Alberta exchanges, came to life on Nov. 29. The exchange, dubbed CDNX, was launched with just under 2,500 stock listings an…
Gammon plans open pit
A second phase of drilling at the Ocampo gold-silver property in Chihuahua state, Mexico, has intersected more near-surface mineralization for Gammon Lake Resources (GAML-C).Six core holes returned be…
Producer and Dealer Prices (December 06, 1999)
Antimony: Mid-mkt US$1,105/t.Bismuth: Mid-mkt US$4.55/lb.Cadmium: Mid-mkt US$0.20/lb.Chromium: Mid-mkt ores US$62.50/t.Cobalt: Recent trades US$13.50-15.50/lb.Copper: Comex Mar. US$0.818/lb.Indium: In…
GREATEST VALUE TRADED, NOV. 24-30
Exchg Val($000s)HighLowCloseChangeBarrick GoldT 425740 29.00 26.20 26.50 -…