Meetings (October 16, 1995)
MEETINGSOct. 23, Allyn Oct. 23, Velvet Expl. Oct. 25, Canarc Oct. 25, Chalice Oct. 25, Cons. Deer CreekOct. 25, Goldbrook Oct. 25, Jarvis Oct. 25, Orcana Oct. 25, Ste-GenevieveOct. 26, Goldwater Oct. …
News
Drilling expands Taurus project
With 67 holes completed to date on adjoining ground held separately by International Taurus Resources (VSE) and Cusac Gold Mines (VSE), project operator Cyprus Canada is expected to halt drilling temp…
PRODUCER PRICES (October 16, 1995)
ALUMINUM: MW U.S. market US81.5 cents-82.5 cents per lb. (September 15, 1995).ANTIMONY: MW New York dealer US$2.30-2.50 per lb. (July 14, 1995).BISMUTH: MW New York dealer US$4.00-4.10 per lb. (Septem…
Gold find reported from Eastmain Ouest
Surface sampling on the Eastmain Ouest property near Matagami, Que., has resulted in a significant gold showing.Montreal-listed partners Diabior Explorations and Virginia Gold Mines report that the K …
Metal Prices — FREE MARKET (October 16, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct. 10 Oct. 9Oct. 6Oct. 5 Oct. 4Copper2802-2805 2927-29302839-28432875.5-28762865-2868Lead589-590 594-595593-594 599-600 59…
Falco reviews legal action against Royal Oak
Unhappy with its lot in the aborted Windy Craggy project, Falconbridge (TSE) is reportedly mulling possible legal action.The company holds a 22.5% net profits interest in the property, which was expro…
Pangea forms a joint venture to expand its Tanzanian deposit
Toronto-listed Pangea Goldfields and South African-based Randgold Exploration will form a joint venture, the purpose of which is to outline additional reserves at the former’s Golden Ridge property in…
Navarre Resources in full swing on Strike property
Diamond drilling is under way on the Strike property of Navarre Resources (VSE), 18 miles north of Stewart, B.C.The company is testing several mineralized areas associated with a fault structure that …
Pentland drill-tests Marlhill
Drilling at the past-producing Marlhill mine near Timmins, Ont., indicates the presence of a sizable quantity of untapped gold beneath the old workings.Six holes drilled by Pentland Firth Ventures (TS…
Spot prices at a glance (October 16, 1995)
Wednesday, October 11, 1995Week’sPrice (US)ChangeGold*$384.70+$2.10Silver*$ 5.42+$0.08Platinum*$415.25-$1.00Nickel**$ 3.49-$0.10Lead**$ 0.27$0.00Copper $ 1.25-$0.05Zinca$ 0.4…
TVI Pacific completes financing
Holders of warrants to buy shares in TVI Pacific (ASE) have exercised 4.9 million of the 5 million outstanding warrants, which expired on Aug. 29.Each warrant entitled the holder to buy one share of T…
Canyon eyes East African property
Canyon Resources (NASDAQ) has signed an exploration agreement with the government of Ethiopia concerning the Megado Serdo gold property.The 60-sq.-km package lies within the Adola greenstone belt, in …