Sonora shifts focus to diamonds
In a name change that reflects the company’s new focus, Sonora Gold is now known as Sonora Diamond (SON-T).Although shareholders approved the new name at Sonora’s annual meeting, about half of them st…
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MOST ACTIVE ISSUES, April 9-15
ExchgVol(000s)CloseBre-X MnrlsT486052.25Bresea ResM…
Drilling starts at Annic property
Toronto-based Tiomin Resources (TIO-T) and Quebec government-owned Soquem have begun drilling on their jointly held Annic nickel-copper-cobalt project near Manicouagan, 110 km northwest of Sept-Iles, …
Spot Prices (April 21, 1997)
Wednesday, April 16, 1997Price (US)Week’s ChangeGold*$341.45- $6.55Silver*$ 4.73…
JM Asbestos heads underground — Noranda’s Magnola to produce magnesium from tailings
JM Asbestos, owner and operator of the Jeffrey asbestos mine in Quebec’s Eastern Townships, is winding down its open-pit operations and gearing up for underground production, to begin in the year 2000…
ODDS `N’ SODS — The hour of the wolf
Many of us have recurring dreams, but some are such that they will stay with us forever. Such is my dream of the wolf.In 1964, a partner and I spent most of the summer conducting reconnaissance geolog…
Winspear and Aber hit kimberlite at Snap
Partners Winspear Resources (WSP-V) and Aber Resources (ABZ-T) have intersected 107 metres of a complex kimberlite breccia in the Snap Lake area of the Camsell Lake diamond project in the Northwest Te…
Greatest Value Traded, April 9-15
ExchgValue($000s)HighLowCloseChangeInco LtdT11885…
Channel, Solomon report Bombore assays
Encouraging results are reported from 42 reverse-circulation holes drilled on the Bombore joint-Venture gold project in Burkina Faso, West Africa.Channel Resources (CHU-V) has a 90% interest in the Bo…
Ashton increases holdings in Buffalo Hills
Encouraged by its recent discovery of 11 kimberlite bodies in the Buffalo Hills area of north-central Alberta, Ashton Mining of Canada (ACA-T) has acquired a position in an additional 21-Million-Acre …
Rea proves up Centennial gold deposit in east Nevada
Initial results from confirmation drilling have verified the presence of gold mineralization at the Centennial deposit of the Mt. Hamilton mine in eastern Nevada.Rea Gold (REO-T) reports that the prog…
Cathedral puts Sterling gold mine on hiatus
Low levels of minable oxide reserves and the current gold price have induced Cathedral Gold (CAT-T) to suspend mining at its 90%-owned Sterling gold mine near Beatty, Nev.The remaining 10% interest is…