Cathedral to drill-test Guyanese gold prospect
Drilling will test a northwest-trending structure on the Tallman property in Guyana.Cathedral Gold (TSE) can earn a 90% interest in the property, which is 5 miles from the company’s Hicks project.In a…
News
LABRADOR NEWS ROUNDUP — Castle Rock bullish on new find
Massive sulphide mineralization has been identified on the Charles Michael claim northwest of Webb Bay in the Voisey Bay area of Labrador.Castle Rock Exploration (VSE) controls the property, where roc…
LABRADOR NEWS ROUNDUP — Larder eyes Harp Lake targets
Claims in two separate areas of Labrador will be explored by Toronto-based International Larder Minerals (CDN).The company will acquire the 947 claims for a total consideration of $405,125.The first g…
McDonald firms up Cuban property
Partners MacDonald Mines Exploration (ASE) and Mill City Gold Mining (VSE) have announced additional drill results from the Little Golden Hill zone at the Golden Hill project in Camaguey, Cuba.Hole 6,…
Rayrock drills Dee property in Nevada
Drilling is under way at Rayrock Yellowknife Resources’ (TSE) Dee gold property in Nevada.The company is testing 10 deep sulphide targets in the Dee pit area. The first hole will test the contact betw…
Spot prices at a glance (July 24, 1995)
Wednesday, July 19Week’s Price(US) ChangeGold*$389.25+$3.40Silver* $5.34+$0.18Platinum*$440.25+$6.25Nickel**$3.91-$0.04Lead**$0.28$0.00Copper $1.41-$0.04Zinca$0.47 $0.00Cou…
FACTS’N’FIGURES — Mine openings and closures
As a result of recoveries in metal prices in the second half of 1994, the year ended on a positive note for mining in Canada. A total of 12 mines opened or reopened in 1994, while nine closed or suspe…
NEWS ROUNDUP — Glimmer ends talks with Dragon
Discussions have ended between two Vancouver-listed juniors regarding financing for the Hislop Twp. gold property in northeastern Ontario,The property is owned by Glimmer Resources.According to Glimme…
Goldstream mill temporarily down
Milling operations at the Goldstream copper-zinc mine near Revelstoke, B.C., have been temporarily suspended to allow underground development to advance.Partners Goldnev Resources (VSE) and Imperial M…
STOCK MARKETS — TSE 300 makes gains as profit-taking ensues
Strength in the TSE 300 composite index accumulated in the early part of the report week ended July 18, as the leading index broke through the 4,700-point level, setting a record for the fourth consec…
Atapa acquires concession
An agreement with Peruvian-based Sociedad Minera will result in Atapa Minerals (CDN) acquiring the 900-hectare Mauii concession in the Lurin River Valley.The property, nestled in the Western Cordiller…
Dakota reopens Stibnite mine
The Stibnite gold mine in Idaho has resumed operation, following approval from the National Marine Fisheries Service (N.M.F.S.).The open-pit, heap-leach operation is owned by Dakota Mining (TSE), whic…