Cominco options Romaima ground
Further exploration on the Mariwa-Sardine Hill property in northwestern Guyana will be funded by Cominco (TSE).Under an option agreement, the major can earn an initial half interest in the property by…
News
LABRADOR NEWS ROUNDUP — Cartaway prepares to drill
Permitting is under way for drilling at the Cirque project owned by Cartaway Container (VSE) in Labrador.The company hopes to have rigs activated by early October to test a broad, magnetic, highly con…
LABRADOR NEWS ROUNDUP — NDT, Takla Star bet on Lucky 44
Partners NDT Ventures (VSE) and Takla Star Resources (ASE) are set to begin drilling on Project 44 in Labrador.A minimum of eight holes will test an airborne electromagnetic anomaly and coincident mag…
Gibraltar ups minable reserves at Lomas Bayas copper property
Minable reserves at the Lomas Bayas property 110 km from Antofagasta in northern Chile are on the rise.Gibraltar Mines (TSE) now estimates proven and probable minable reserves at 283.7 million tonnes …
Westpine plans groundwork
Follow-up ground geophysics and geology are planned for the Harp Lake property in Labrador.Westpine Metals (VSE), the operator, reports that preliminary analysis of airborne geophysical data identifie…
Platinova beefs up zinc play
This year’s drill program at the Peary Land zinc property in northeastern Greenland has added 7 km to the previously indicated 3-km trend of zinc mineralization.Platinova A/S (TSE) carried out its 34-…
Adrian looking at feasibility for Petaquilla
Adrian Resources (TSE) is investigating the feasibility of commencing production at the Petaquilla polymetallic property and adjacent exploration concessions in northern Panama.Fluor Daniel Wright has…
Toronto Stock Exchange Indices (September 18, 1995)
— 1995 — Sept 12 Sept 11 Sept 8 Sept 7 Sept 6HighLowComposite”300″ 4613.21 4592.82 4571.50 4567.31 4572.08 4718.27 3983.34Metals & Minerals5171.79 5083.24 4975.89 4939.26 4980.97 5276.12 3273….
GREATEST VALUE TRADED, SEPT. 6-12
Value($000s)HighLowCloseChange Barrick Gold T115995$36 1/83436+1 7/8Placer Dome T105607$37 5/83537 1/2+2 1/4 Inco Ltd T104848$50 3/847 3/450+1 3/8Diamond Flds T81197$9684…
METALS COMMENTARY — Bullish markets are expected as most metal stocks decline
Despite heavy selling in all metals on the London Metal Exchange (LME) in August, steady business was reported by metals consumers, foundries, mills, and steel and stainless manufacturers.Market condi…
CanGold to acquire Kazakh interests
The proposed acquisition of a private company would give Amalgamated CanGold (TSE) an interest in exploration licences comprising 25,000 sq. km in the former Soviet republic of Kazakhstan.The private …
Cheminis mine reactivated
With shaft rehabilitation and dewatering of lower depths of the Cheminis gold mine now complete, Northfield Minerals (TSE) is expecting to resume operations.Production at the mine, situated west of Vi…