Gold Funds (January 08, 1996)
Gold Funds as of December 28, 1995BGRCentralNet Value$17.59$6.54Price$13.63$6.000Discount22.53%8.3%Value$137,504,000$108,595,800…
News
PEOPLE — SERENGETI DIAMONDS (January 08, 1996)
Ross Blusson, John (Jack) Johnson and Ian Park appointed directors; David Tremain appointed director and president; Deborah Craig appointed director, vice-president and general manager; and Ian Brown …
Minorca drilling Rodeo Creek gold property
Drills are turning at Montreal-listed Minorca Resources’ Rodeo Creek property in Nevada’s Carlin trend.The main target of the 4,000-ft. program is a fault structure which crosses a well-known gold fee…
MOST ACTIVE ISSUES, 1995
Volume(000s)HighLowCloseChange Placer Dome T218172$402533+2 5/8Barrick Gold T211403$3827 1/436+4 5/8Inco Ltd T175593$51 5/831 7/845 1/8+5TVX Gold Inc T156951$11 3/88 …
NEWS ROUNDUP — Gold City funds work at WelBar
Junior Gold City Mining (VSE) is financing further exploration work on its WelBar Gold project in central British Columbia.The company raised more than $335,000 through a private placement of units pr…
NEWS ROUNDUP — SAGC raises funds for Chile
Bermuda-based junior South American Gold & Copper (TSE) has completed a private placement of 5.1 million shares at US80 cents per share.The US$4 million in proceeds will be used to explore and develop…
Princeton lands provincial approval for Huckleberry
Regulators finally have approved development plans for the Huckleberry copper deposit near Smithers, B.C.Princeton Mining (TSE) had expected to receive the approval by early September, but the procedu…
Metallica backs into Cerro San Pedro
Toronto-listed Metallica Resources will buy a 20% back-in option on shares of a company that holds purchase options covering the San Pedro gold-silver project in northwestern Mexico. Metallica will no…
TVX completes purchase of Greek mining assets
A subsidiary of TVX Gold (TSE) has acquired the Kassandra Mines concessions in Greece.TVX made an initial payment of US$19.5 million and will pay an additional US$28 million in instalments over five y…
Eden Roc acquires Marshall’s interest
Marshall Minerals (TSE) will transfer to Eden Roc Mineral (TSE) its interest in a mining exploration permit in Ivory Coast.In consideration, Marshall will receive 1.3 million Eden Roc common shares an…
Tri Origin defines zones at Lewis Ponds
Having drilled 12 holes, Tri Origin Exploration (TSE) has defined an inferred resource at Tom’s zone on the Lewis Ponds property in New South Wales, Australia.The inferred resource, which lies between…
Intersection widens at Guibord Twp.
Montreal-listed partners Tandem Resources and NAR Resources are encouraged by results from a recently drilled hole in Guibord Twp., near Matheson, Ont.The mineralized intersection is now known to be 1…