PEOPLE — MIRAGE
John Ivany appointed president; Gordon McCreary appointed vp of investor relations.
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PEOPLE — INT’L CROESUS (October 06, 1997)
Daryl Hoffman appointed president; Brian Hall and Michael Townsend elected directors.
GOLD FUNDS (October 06, 1997)
Gold Funds as of September 25, 1997BGRCentralNet Value$18.10$5.69Price$13.85…
PEOPLE – MONARCH
Lester Knight appointed vp of finance.
PEOPLE – MOLYCOR
David Madill elected director and John Fisher appointed CEO.
Drill results boost potential of La Libertad
Exploration drilling by Greenstone Resources (GRE-T) has confirmed mineralization at four gold zones on La Libertad, the company’s wholly owned gold concession in Nicaragua.Drilling in each of the zon…
METAL PRICES — Daily Metal Prices (October 06, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateSept. 30Sept. 29Sept. 26Sept. 25…
SPOT PRICES (October 06, 1997)
Wednesday, October 1, 1997Price (US)Week’s Change.ZSGold*$336.80+ $14.80Silver*$5.
Sutton to speed up Bulyanhulu
A special warrant financing has raised $30.7 million in gross proceeds for Sutton Resources (STT-V).About 2.4 million special warrants at $12.80 each were issued to a number of institutions. Each spec…
Back Lake sample yields more diamonds
Further sampling near the Yuri kimberlite discovery at the Back Lake project in the Northwest Territories has returned five macrodiamonds (measuring greater than 0.55 mm in one dimension) and two micr…
GEOLOGY 101 — Placer gold deposits, Pt. 1
Placer gold deposits form as a result of the breakdown and weathering of existing gold concentrations, erosion of the weathered material and, ultimately, the concentration of that material at a variab…
CAG cuts gold at Novodneprovskoe
Central Asia Goldfields (CGZ-M) has released drill results from three holes collared at its Novodneprovskoe gold property in Kazakstan.Hole 1 intersected 14.8 metres (from 132.6 to 147.4 metres) gradi…