Ascot hits gold near Harp Lake
Exploration work in the Harp Lake area of Labrador has turned up gold mineralization for Ascot Resources (VSE).The company made the discovery within a diorite sill on its wholly owned claims near Shap…
News
GSC colloquium will shed light on Canadian types of mineral deposits
The next Minerals Colloquium of the Geological Survey of Canada, scheduled for Jan. 22-24, 1996, will focus on current concepts of Canadian mineral deposit types.The theme is expounded in the compendi…
ODDS’N’SODS — Manitoba’s mining past
A good way to start an argument with a prospector is to tell him you are certain as to when the first mine in a province was discovered. Nine times out of 10, there will be a difference of opinion. Vi…
Zinc sales to be reviewed by U.S. Congress
The U.S. Congress has called for a review of sales of zinc from the National Defense Stockpile, reports the American Zinc Association (AZA).Representative Herbert Bateman, chairman of the House subcom…
Toscana Res. plans to drill in Guyana
A private placement of 700,000 units at 25 cents each will enable Toscana Resources (VSE) to finance drilling of its 80%-owned Monosse property in Guyana.The company will carry out a 50-hole program o…
BHP, Francisco net opper at Coahuila
Initial drilling on the Coahuila project in northeastern Mexico is returning copper-silver values for Francisco Gold (VSE) and BHP Minerals.Copper-silver mineralization at Coahuila is stratiform and s…
DIAMOND NEWS ROUNDUP — Mountain , Glenmore OK sampling
A mini-bulk sampling program is proposed for the 5034 kimberlite at the AK property, 150 km south of Lac de Gras, N.W.T.The property is held 50% by Mountain Province Mining (VSE), 40% by Glenmore High…
LETTER TO THE EDITOR — Is this supposed to depict mining?
In the October 16th issue of The Northern Miner, a cartoon appeared on the editorial page, which prompts the question: Is this supposed to depict mining?The Northern Miner, of all publishing houses, s…
STOCK MARKETS — Rise of Bre-X stock bodes well for Indonesian project
Referendum jitters made for an unsettled week for western markets over the report period ended Oct. 24.The Vancouver Stock Exchange composite index lost 29.95 points to close at 775.80, while the reso…
STOCK MARKETS — Separatist fears pummel volatile market
The Toronto Stock Exchange was lower this week on fears that the upcoming Quebec referendum might back the separatist cause. The TSE 300 fell a total of 163.41 points in the five trading days ended Oc…
Romarco expands Nevada presence
Nevada explorer Romarco Minerals (CDN) will acquire two claim blocks comprising seven claims in the vicinity of its Midas property in Elko Cty.Romarco must spend US$200,000 on exploration and make adv…
Spot prices at a glance (October 30, 1995)
Wednesday, October 25, 1995Week’ Price (US)ChangeGold*$382.40-$1.35Silver*$ 5.35$0.00Platinum*$411.50-$1.85Nickel**$ 3.84+$0.32Lead**$ 0.31+$0.02Copper $ 1.26+$0.03Zinca$ 0.4…