TORONTO STOCK EXCHANGE INDICES (December 02, 1996)
1996Nov 26Nov 25Nov 22Nov 21Nov 20HighLowComposit…
News
Ashanti launches program at Tera gold property
Surface exploration by Ashanti Goldfields (AHD.U-T) has begun on the Tera gold property in Niger, West Africa.The 1,500-sq.-km property, which hosts a 20-km section of the Terra shear system, is curre…
EXPLORATION ROUNDUP — Small but vital projects under way at Matheson camp
Less exposed, and therefore less prospected, than its big brothers to the west and south, the Matheson area of northeastern Ontario has, in recent years, proved to be a durable, small-project camp.As …
EXPLORATION ROUNDUP — SLOVAKIA in a nutshell
Total area: 48,845 sq. km (about twice the size of New Hampshire) Terrain: rugged mountains in the central and northern part, and lowlands in the southClimate: temperate; cool summers; cold, cloudy, h…
EXPLORATION ROUNDUP — Cabo uncovers more Cuban gold
Ongoing chip sampling and geological mapping by Cabo Exploration Ventures (CVE-V) have revealed another gold zone at the San Juan prospect in Cuba.The prospect, several hundres metres southwest of the…
TSE SHORT POSITIONS (December 02, 1996)
Short positions outstanding at November 15, 1996Larger individual positions included: Abacan Resource 106,200; Barrick Gold 9,602,918, down 99,645; Aber Resources 14,200, down 8,000; Adrian Resources …
MOST ACTIVE ISSUES, Nov. 20-26
ExchgVol(000s)CloseBre-X MnrlsT1552820.35Anvil RangeT…
Soledad Mountain deemed feasible
VANCOUVERA bankable feasibility study concludes that the Soledad Mountain project in Mojave, Calif., can be financed at current gold and silver prices.The study, conducted for Golden Queen Mining (GQM…
Avalon picks up pegmatite property
ronto-based Avalon Ventures (AVL-V) has concluded an agreement with two prospectors, giving it the option to acquire a property near Separation Rapids, 60 km north of Kenora, Ont.veral pegmatite-hoste…
Virginia set to drill La Grande Sud
Drilling by Virginia Gold Mines (VIA-M) is about to test a new gold target at La Grand Sud in the James Bay region of Quebec.Recent surface work identified a shear zone associated with a major contact…
STOCK MARKETS — Juniors add little to record-breaking week
The Toronto Stock Exchange began and finished the past week at record levels, though mining stocks contributed little to the cause. The TSE 300 composite index rose 1.19% during the report period ende…
Phelps Dodge finds copper system
Exploration by Phelps Dodge (PD-N) has uncovered a copper system at the Cerro Verde project in Mexico’s Sonora state.The major is earning a 60% interest in the project from Corner Bay Minerals (BAY-T)…