ODDS’N’SODS — Assembling the right team
They had been commissioned by the syndicate formed by Karl Springer and “Doc” Kidd to prospect and explore for gold and silver in the Coast Range Mountains, north of Stewart, B.C., during the summer o…
News
COMMENTARY — Optimistic note for Venezuela
For investors in Venezuela, 1994 was a year most would prefer to forget. However, there are good reasons for looking forward to the remainder of 1995 with some optimism. It seems as though the politic…
PRODUCER PRICES (March 13, 1995)
ALUMINUM: MW U.S. market US91.75-92.75 per lb. (Feb. 24, 1995). ANTIMONY: MW New York dealer US$2.30-2.40 per lb. (Feb. 16, 1995). BISMUTH: MW New York dealer US$3.75-3.90 per lb. (Feb. 24, 1995). CAD…
TVI, Echo Bay in Philippine venture
Junior TVI Pacific (ASE), in conjunction with Echo Bay Mines (TSE), intends to form a joint venture in order to bid on acquiring an interest in the Kingking Lumanggang-Casagumayan-Tiogdan porphyry gol…
STOCK MARKETS — Currency crisis adds a chill to the TSE
A lack of investor confidence in the U.S. dollar rattled Canadian currency markets, which led the Toronto Stock Exchange to post a small loss during the 5-day report period ended March 7. The composit…
STOCK MARKETS — Murgor still adding shine to dull western
Trading activity on the Vancouver Stock Exchange in February was down considerably from the same time a year ago. At 331 million shares, volume was off by 35%, while the value of the shares at $290 mi…
METALS COMMENTARY — Metals markets in correction mode
A correction phase seems to be taking hold in most metals markets, no doubt a result of last year’s bull market and the accompanying speculative excesses that quickly pushed some prices to levels not …
Franc-Or to drill Sophie-Saul
Exploration equipment has arrived at Franc-Or Resources’ (ME) Sophie-Saul gold property in central French Guiana. The property is underlain by a 50-km-long shear zone which separates the Paramaca gree…
El Callao to supply Monarch mill
To expand sources of feed for the Revemin gold mill in Venezuela, Monarch Resources (TSE) has arranged to receive 7,500 tonnes of ore per month from El Callao Mining (VSE). The ore will be delivered f…
Newmont boosts reserves
After all the calculations were done, Newmont Gold (NYSE) found it had increased its total reserves and mineralized resources by 12% for 1994. Most of this increase stems from an expansion of minerali…
Formation adds to Sunshine holdings
The acquisition of 68 claims in the Idaho cobalt belt expands the holdings of Formation Capital (VSE) at its Sunshine project. Three main target areas — Sunshine, Lion and Northfield — now combine t…
Murgor reports results from two more holes
Junior Murgor Resources (VSE) has reported results from two additional holes drilled on the Barry Twp. gold property in northwestern Quebec. Hole 95-2, collared 82 ft. south of hole 95-1, intersected …