GOLD FUNDS (March 09, 1998)
Gold Funds as of February 26, 1998BGRCentralNet Value$15.27$6.15Price$11.70…
News
EXPLORATION 1998 — Grayd prepares exploration program on key Alaskan projects
Recent acquisitions by Grayd Resource (GYD-V) have significantly increased its position and exposure in the state of Alaska such that it now holds a portfolio of 19 properties in seven districts.Forme…
New resources at Paul Isnard and St. Elie brighten Guyanor’s outlook
While lower metal prices have dampened enthusiasm for its 1998 exploration program in French Guiana, Guyanor Ressources (GRL.B-T) has put its best face forward with new mineral inventories from two go…
METAL PRICES – Daily Metal Prices (March 09, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateMar. 3Mar. 2Feb. 27Feb. 26Feb.
EXPLORATION 1998 — Mirandor and Kinross seal Railroad deal
Exploration Mirandor (MIG-M) has finalized its agreement with Kinross Gold (K-T) for the joint exploration, development and operation of Mirandor’s Railroad gold project in Nevada’s Carlin trend.The R…
EXPLORATION 1998 — Platexco calculates platinum resource at Winnaarshoek
Toronto-based Platexco (PGMI-T) is encouraged by the resource estimate received for its Winnaarshoek property, a platinum group metals (PGM) prospect on the eastern limb of the Bushveld igneous comple…
EXPLORATION 1998 — NovaGold plans programs
NovaGold Resources’ (NRI-T) wholly owned subsidiary, Murray Brook Resources, has begun a 6,000-ft. diamond drilling program at the Murray Brook massivesulphide deposit in northeastern New Brunswick.Th…
More high-grade silver for Yamana
Yamana Resources (YRI-T) has hit high-grade silver at its Santa Cruz project in southern Argentina.At the 44-sq.-km Bacon prospect, the company intercepted high-grade silver values that confirm encour…
EXPLORATION 1998 — Tex-Sol and Pentland nix merger — Pentland discovers new gold zone
A proposed merger between United Tex-Sol Mines (UTX-A) and Pentland Firth Ventures (PFO-T) has run off the rails.Pentland had offered to issue one of its shares for every two shares of United Tex-Sol,…
EXPLORATION 1998 — Campbell plans further exploration at Santa Gertrudis mine property
At its Santa Gertrudis mine in northern Mexico, Campbell Resources (CCH-T) has completed an exploration program designed to delineate easily accessible deposits that would lend themselves to near-term…
EXPLORATION 1998 — Royalty sisters report reserve boost at Ken Snyder
Low gold prices translated into lower earnings for Franco-Nevada Mining (FN-T over the 9-month period ended Dec. 31, 1997.The royalty company reported income of $37.9 million (or 50cents per share) on…
EXPLORATION 1998 — Winspear drills Wekusko
While diamond prospects in Canada’s North remain its primary focus, Winspear Resources (WSP-V) is helping fund a drill program now testing the Wekusko property about 45 miles southeast of Snow Lake, M…