News


Formation plans Idaho drilling

Drilling is planned for the Sunshine project in Lemhi Cty., Idaho.Formation Capital (TSE), which holds an option to earn a 100% interest in the property, plans to drill 30,000 ft. The 60-hole program …


Odds ‘n’ Sods — Water, water, everywhere

We had just arrived back at our homes after a busy day at the Quirke mine in Elliot Lake, Ont., when an emergency call informed us that the mine was flooding.It was 1956 and the mine was serviced by a…


Drills turning at Butte Highlands

A 2,000-ft. program of deep drilling is under way on the Butte Highlands gold skarn project in Montana.Asarco (NYSE) plans to drill six to seven holes to test the depth extension of the Nevin Hill zon…


Work continues at OPAP pipe

Ontario’s prospecting community is hoping that the government axe will not fall on programs that fund grassroots work in northern regions of the province.”These grants have the potential to lead to ex…


LaRonde adds oomph to Agnico’s earnings

A strong performance by the LaRonde mine near Val d’Or, Que., enabled Agnico-Eagle (TSE) to boost second-quarter earnings by 75%.For the quarter ended June 30, Agnico earned $6.3 million (or 17 cents …


PEOPLE — INT’L COPPER

Christopher Lee appointed program director of environmental division; Konrad Kundig appointed director of communications and technical information services; Brian Moreton appointed vice-president of E…





GOLD FUNDS (August 07, 1995)

Gold Funds as of August 1BGRCentralNet Value$18.05$6.60Price$13.88$6.375Discount23.13%3.4%Value$141,116,000$115,383,038…


New World suffers delay

The state of Montana has informed Crowne Butte Reources (TSE) that the environmental impact statement for its New World gold project will not be available for public comment until fall, 1995.Crown But…


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