Gold Funds (April 24, 1995)
Gold Funds as of Apr. 18BGRCentralNet Value$17.12$6.74Price$14.63$7.00Discount14.57%Premium3.9%Value$133,841,000$126,695,100…
News
Bre-X drills Central zone of Busang gold project
A third phase of drilling is under way on the Central zone of Bre-X Minerals'(ASE) Busang gold project in Indonesia.To date, two rigs have drilled 24 holes as part of a 3,654-metre program. The stepou…
Regeena bullish on La Cucaracha copper-gold project
Preliminary work on the Cucaracha copper-gold project in Chile is returning encouraging results for Regeena Resources (VSE).Sampling returned average grades of 2 grams gold per tonne and 2% copper wit…
Active in Argentina — Yamana samples epithermal targets
The discovery of an epithermal gold district appears to be taking shape south of here in the province of Santa Cruz.During a site visit, The Northern Miner visited six of the 10 cateos, or claim block…
Metals Commentary — Metals buyers, sellers face off
After the metals price turmoil in the first quarter, metals buyers and sellers are maintaining a cool facade as both sides attempt to determine whether there is any weakness in their respective market…
Aurex reports increase in reserves at Cobrex
Reserves at Minera Cobrex’s copper-silver project in northern Chile are on the rise.Aurex Resources (TSE), which holds a 70% interest in Cobrex, now estimates the project’s resource at more than 5 mil…
Black Swan drill program tests Brazilian property
A widely spaced, 16-hole program of reverse-circulation drilling has confirmed the continuity of the main mineralized shear zone at the Santa Helena property in Brazil.Owner Black Swan Gold Mines (TSE…
Latest Voisey Bay results spark new wave of interest
Results from the latest round of drilling at Diamond Fields Resources'(TSE) Voisey Bay nickel-copper project in Labrador have sparked a new wave of interest in the area.To date, 51 holes have been dri…
Pacific Vangold makes African plans
A drill program is planned for the Kafunzo anomaly in Uganda.Pacific Vangold Mines (VSE), which holds more than 9,600 sq. km of exploration licences in the East African country, expects to drill some …
Trilogy works Chilean prospect
Junior Consolidated Trilogy Ventures (VSE) has carried out preliminary trenching in and around excavated pits and underground workings on the Nueva Esperanza property in Chile.The main feature is a no…
Odds ‘n’Sods — Newsworthy western prospect
In sharp contrast to the general lack of enthusiasm for — and perhaps even hostility against — mining ventures on Vancouver Island today, the city of Victoria’s leading newspaper did give such devel…
OBITUARY — Harry Galley
A former Inco employee who was credited with designing the first mass-produced stainless steel sink, Harry Galley, died recently in Toronto. He was 91.A native of Arundel, Que., he attended McGill Uni…