Gossan to drill Kiskitto targets
Seeking to expland its inventory of titanium mineralization, Gossan Resources (VSE) has started ground magnetic surveys and winter road construction at its Kiskitto Lake property in northern Manitoba,…
News
Cumberland, Comaplex calculate inventory for Meadowbank
The original resource estimate for the Meadowbank project in the Northwest Territories has tripled to greater than 800,000 oz. gold.The project is operated by Cumberland Resources (TSE), which has a 6…
Investment Commentary — Manson Creek cited for its potential
The exploration potential of the Parker Lake property, 80 miles northwest of Rankin Inlet, N.W.T., gives Canaccord Capital reason to repeat its recommendation that investors buy a piece of Manson Cree…
Homestake buys stake in producer
Homestake Mining (NYSE) will acquire a piece of Orion Resources from Ranger Minerals.The U.S.-based mining giant will buy 5.5 million shares in the Perth-based producer for US$10.4 million and acquire…
NEWS ROUNDUP — Puma drills El Salado property
Drills are turning at El Salado, a gold deposit on the 400,000-hectare Uspallata property in Argentina.Puma Minerals (VSE), which is earning a half interest in the project from Argentina Mineral Devel…
Viceroy and MK settle dispute
A settlement has been reached in the dispute over the mining contract at the Castle Mountain open-pit, heap-leach gold mine in California.Joint-venture partners Viceroy Resources (TSE) and MK Gold (NA…
Companies (January 08, 1996)
INDEXAbitibi M’g Agate Bay Res. Amalgmtd CanGld Anglo Min. Anvil Range M’g Aranlee Res. Arequipa Res. Argosy M’g Arimetco Int’l Auspex Gold Auspex Min. Baja Gold Barrick Gold Battle Mtn Gld Birim Gldf…
William eyes Aussie producer
Provided it succeeds in taking over Australian gold producer Valdora Minerals, William Resources (TSE) expects to be producing 200,000 oz. per year by 1999.The acquisition is subject to the completion…
Government surveys set for Greenland
The Geological Survey of Denmark and Greenland has revealed the locations of helicopter-borne magnetic and electromagnetic surveys to be performed in 1996.The surveys will be flown in mid-year in area…
Romarco, Uranerz to explore Ren
Romarco Minerals (CDN) and the U.S. subsidiary of Uranerz Exploration & Mining have joined forces to earn a 60% interest in the Ren gold property from Corona Gold, a subsidiary of Homestake Mining (NY…
Earth science students to explore mining opportunities at CIM
Earth science students and their prospects will be the focus of the next dinner meeting of the Toronto branch of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM).The Student’s Night dinn…
Toronto Stock Exchange Indices (January 08, 1996)
— 1995-1996 –Jan 2Jan 1Dec 29Dec 28Dec 27HighLowComposite”300″4767.82N/A4713.544689.104684.164767.823983.34Metals&Minerals4944.91N/A4913.874844.994821.465276.123273.56Integrate…