Westmin Res. extends Wolverine zone eastward
The tenth hole to be drilled on the newly discovered Wolverine zone has stepped out on the eastern extension and intersected 5.6 metres of faulted massive sulphides.The zone lies within the Foot claim…
News
Da Capo Resources advances Amayapampa gold project
With drill results from a 55-hole reverse-circulation program in hand, Da Capo Resources (VSE) is working to recalculate the size of the resource for the Amayapampa project in Bolivia.Da Capo is also …
Wyoming prospective for diamonds, says geologist
Although much of the state is underlain by an Archean craton favorable for diamond mineralization, only about a half dozen companies are exploring Wyoming for the gem stones.W.D. Hausel, senior econom…
LABRADOR NEWS ROUNDUP — Kennecott deals Labrador properties to Noront
Vancouver-listed junior Noront Resources has acquired three Labrador properties from Kennecott Canada. Two of the three claim blocks are situtated west of Okak Bay, while the third lies 9 km west of t…
Hecla experiences reversal
Disappointed with drill results, Hecla Mining (NYSE) has dropped its option on the Fortuna project in Mexico’s Sonora state.The company had the right to earn a 60% interest in the silver-gold project …
More high-grade results reported at Siwash
Deep drilling at the Siwash gold mine property in southern British Columbia has returned multi-ounce values for Fairfield Minerals (TSE).The program included five holes that tested an area where earli…
Drilling at Third Portage zone should boost gold resources
Drilling has wound down on the Third Portage zone of the Meadowbank property in the eastern Northwest Territories. The property is shared by Cumberland Resources (TSE) and Comaplex Minerals (TSE), whi…
NEWS IN BRIEF (October 23, 1995)
La Cleba Minerals (LCE:VSE) has changed its name to Lowell Petroleum (LP:VSE).
GOLD FUNDS (October 23, 1995)
Gold Funds as of October 12BGRCentralNet Value$17.37$6.58Price$13.88$6.500Discount20.11%1.2%Value$135,788,000$117,645,450…
GREATEST VALUE TRADED (October 23, 1995)
Placer Dome T136987$33 3/431 1/4311/4-2 1/2Barrick Gold T130392$34 3/432 7/833-13/4Inco Ltd T112775$4642 5/845 1/8+2 1/8Diamond Flds T71807$24 3/820 3/422 3/4+1 3/4TVX Gol…
STOCK MARKETS — Western markets relax as Labrador players lose ground
Western markets weakened during the week ended Oct. 17, helped along by slipping Voisey Bay issues.The Vancouver Stock Exchange composite index lost 17.85 points to close at 805.75 while the resource …
Imperial drills massive sulphide target
Drills are turning on a new massive sulphide showing near Smithers, B.C.Imperial Metals (TSE) reports that the showing was discovered by local prospectors in an exposure uncovered by a road washout.Th…