Taurus snaps up Cassiar area project
Junior International Taurus Resources (ITU-V) will earn a 70% interest in a block of claims near Cassiar, B.C.The company will act as project operator and, initially, earn up to a 50% interest by spen…
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MOST ACTIVE ISSUES, September 18-24
ExchngVol(000s)CloseLa Rock MngV74610.54Goldstake ExpT…
Spot prices at a glance (September 30, 1996)
Wednesday, September 25, 1996Price (US)Week’s ChangeGold*$383.25+$0.35Silver*$ 4.9…
Financing completed for Caribou mine
Junior Breakwater Resources (BWR-T) has raised sufficient funds to start up the Caribou base metal mine in New Brunswick.The sale of 14.4 million shares at $2.15 each has closed, raising gross proceed…
Curator proves up project in Baja
Junior International Curator Resources (IC-T) reports satisfactory results from bulk-sampling of its copper-cobalt deposit in Baja California Sur, Mexico.The results demonstrate that average recoverie…
COMMENTARY — Consulting with aboriginal communities
Aboriginal lands encompass some of the most actively explored mineral areas in Canada, though relations between the mining industry and aboriginal communities have, in the past, ranged from poor to no…
LETTER TO THE EDITOR — Safety assured at Brunswick division
I am writing in response to the article “Noranda curtails output of zinc at Brunswick mine” (T.N.M., Sept. 9/96) which indicates that the safety of the Brunswick mine has been called into question.Pro…
Toronto Stock Exchange indices
1996-Sept 24Sept 23Sept 20Sept 19Sept 18HighLowCo…
Royal Oak to dig super pit at Pamour operation
More mill feed and an expanded Pamour mill are in the cards for Royal Oak Mines (RYO-T).The company now estimates that its Ontario division has a 120-million-tonne mineral resource grading 1.9 grams g…
Int’l Tournigan hits solid gold grades in Ghana
A 22-hole drill program at the Riyadh concession in southwestern Ghana has confirmed gold mineralization in a vein structure 2.6 km long.International Tournigan (ITG-V) is spending $2.5 million to exp…
Quebec juniors ready for removal of North Shore staking ban
With the staking ban expected to be lifted soon, a host mining companies is poised to converge on the area near Lac Manitou on Quebec’s North Shore.In August, while carrying out a mapping program in t…
Juniors forge ahead with exploration in Kazakhstan
Several Canadian juniors have announced work programs and financing deals for properties in Kazakhstan.Among the companies active in the former Soviet territory is Kazakhstan Goldfields, a 50%-owned s…