CDA elects board at annual meeting
The election of a new board of directors was one of the highlights for the 110 delegates who attended the 53rd annual convention of the Canadian Drilling Association, held May 1-3 at Nova Scotia’s She…
News
DIAMOND PAGE — Diadem Res. finds diamond fragments in California
A drill hole at Diadem Resources’ (ME) property near Leek Springs, Calif., has returned 235 diamond fragments.The fragments were recovered from samples representing 120 ft. of lamproite between 36 and…
GREATEST VALUE TRADED, May 8-14
Value($000s)HighLowCloseChangeDiamond Flds T171056$42.9541.8041.90-0.75Inco Ltd T166066$47.7046.3046.45-0.60Cartaway Res A151534$16.503.2513.25+9.65BRE-X Mnrls T102894$216….
STOCK MARKETS — Despite drop in price golds hold steady
After a slight 1-day drop, the Toronto Stock Exchange climbed higher over the period ended May 14, with the TSE composite 300 finishing the week at a record 5206.59 for a gain of almost 40 points, or …
Spot prices at a glance (May 20, 1996)
Wednesday, May 15, 1996Week’s Price (US)ChangeGold*$391.85-$1.80Silver*$ 5.40-$0.08Platinum*$402.25-$4.00Nickel**$ 3.64-$0.17Lead**$ 0.38-0.01Copper$ 1.24-$0.05Zinc$ 0.47-$0…
Nufort reports results from Barrick drilling
Results are in hand for five holes drilled by Barrick Gold (TSE) on the Michaud project, in which Nufort Resources (TSE) holds royalty interests.The project is 12 miles west of Barrick’s Holt-McDermot…
Toronto CIM branch to discuss SX-EW
The Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum will present a talk by the General Manager, Technical, of Rio Algom on the solvent extraction-electrowinning (SX-EW) pr…
DIAMOND PAGE — Drilling continues at Afridi Lake
Initial processing of the first sample from the 5009A kimberlite at the Afridi Lake property in the Northwest Territories has confirmed the pipe is diamondiferous.Cypango Ventures (VSE) will release r…
Roper, Silver Peak plan Abbott work
Additional development work at the Abbott project, 65 miles north of Trail, B.C., will begin in June.Roper Resources (VSE) can earn a half interest in the property from Silver Peak Resources (VSE) by …
Farallon gears up Campo Morado program
Three diamond drill rigs have been mobilized to the Campo Morado project in Guerrero state, Mexico, as part of an $18-million exploration program initiated by Farallon Resources (VSE).The company is w…
Adrian Res. drills Panamanian project
Drilling is planned for the Belencillo property in Panama. Madison Enterprises (VSE) is earning a half interest in the project from Adrian Resources (TSE).The program will include 6-8 holes to test po…
Glamis OKs Imperial development
Construction and development of the Imperial project in Kern Cty., Calif., are expected to start in the second quarter of 1997.Glamis Gold (TSE) has completed a feasibility study on the project, which…