Companies (February 19, 1996)
INDEXAlmaden Res.Argosy MiningAthabaska GoldBarrick GoldBlack Hawk M’gBoron ChemicalsBreakwater Res.Cabo Expl. VtrsCabo VenturesCactus WestCanyon Res.Clear Creek M’gCorner Bay Min.Cornuco…
News
Oxide values are reported at Copper Mountain project
Drilling on the Copper Mountain property in Nevada has returned oxide copper values for partners Cactus West Explorations (VSE) and Mina Resources (VSE).Mina, which is earning a 51% interest in the pr…
Corriente plans drilling for Laurani
Drilling will evaluate the bulk-tonnage potential of the Laurani property, 100 km south of La Paz, Bolivia.The 4,000-hectare property, owned by Corriente Resources (VSE), is a former gold-silver-coppe…
Inco bides its time, could still make counter offer
Ultimate control of Diamond Fields Resources (TSE), 75%- owner of the highly prized Voisey’s Bay nickel-copper-cobalt discovery in Labrador, is not likely to be decided until mid-April.Inco (TSE), alo…
Ladner Creek returns gold values
Drilling on the Ladner Creek property near Hope, B.C., is returning more gold values for Athabaska Gold Resources (TSE).The company is drill-testing a gold zone from a new drift on the 875 level of th…
No Headline (February 19, 1996)
Hemlo picks up Red Lake optionShane Resources (VSE) has dealt an option on its Ball Twp. gold property, 30 km west of Red Lake, Ont., to Hemlo Gold Mines (TSE).To earn a 60% interest, Hemlo will pay $…
Pacific Wildcat proves up Sulut
Initial drill results at the Sulut property in northeastern Sulawesi, Indonesia, support previous resource estimates, reports Pacific Wildcat Resources (VSE).Historic work by a major mining company ou…
Keystone players consolidate holdings
The Keystone joint venture has acquired the remaining interest in the Wasekwan Belt property, near its producing Burnt Timber mine, southeast of Lynn Lake, Man.Minority holders Trans America Industrie…
Randgold Group subsidiary funding exploration work in West Africa
The international exploration arm of South African-based Randgold Group has completed a private placement to fund exploration and assist its transformation into a publicly traded company.Randgold Reso…
Metal prices — FREE MARKET
London Metal ExchangeSpot closing prices in $US per tonneDateFeb. 12 Feb. 11Feb. 9Feb. 8Feb. 7Copper2502-2504 2550-25532573.5-2575.52567.5-2569.52585-2590Lead747-748 758-759759-760 760-7…
STOCK MARKETS — Voisey issues ride high as golds trip and fall
While golds fell sharply during the report week ended Feb. 13, the Toronto Stock Exchange, as a whole, moved little. The TSE 300 composite index fell 4.16 points over the period, to finish at 5,045.31…
Triton attempts to expand Limon gold mine
At its 95%-owned Limon operation in Nicaragua, Triton Mining (TSE) is carrying out definition drilling to prove up a 490,000-oz. gold resource in the Santa Emilia vein system.Four rigs will be used to…