Correction (September 29, 1997)
In our Sept. 22 issue, we wrongly stated that South-African based Rangold can earn a 65% interest in the Kangele gold project, owned by Pangea Goldfields (PGD-T), by spending US$4 million and completi…
Knight Metals Inc
GLOBAL SEARCH FOR GOLD — Juniors hit hot holes in Nevada
Vancouver-based juniors White Knight Resources (WKR-V) and Chapleau Resources (CHI-V) have intersected significant gold values at their 6,200-acre Indian Ranch property in Nevada’s Eureka Cty.Hole 97-…
STOCK MARKET — Mining index follows suit as western markets slacken — Interest sustained in Eastern European gold plays and Territorial diamonds
Western markets remained flat over the report period ended Sept. 9. The Vancouver Stock Exchange composite index was off less than a point, closing at 841.54, while the mining index slipped 9.38 point…
International Pursuit joins White Knight in Nevada
International Pursuit (ipj-t) has signed an agreement-in-principle to acquire interests in two Nevada gold properties of White Knight Resources (wkr-v).White Knight, which holds properties in Nevada’s…
INSIDER TRADING — Sutton insiders find spring a good time to sell
Senior officers of Sutton Resources (STT-V) were active in the market in March and April of 1997, according to the Ontario Securities Commission.James Sinclair, director, exercised 130,000 options at …
White Knight boosts holdings in northern Nevada
Vancouver-based White Knight Resources (WKR-V) has acquired a property consisting of 76 claim blocks near Elko, Nev.The company paid a private vendor US$25,000 for the property, which is part of its L…
Golden Knight, Cross Lake cut sulphides east of Timmins — Results lead to additional geophysical work, drilling
Two ambitious exploration programs in the greenstones east of Night Hawk Lake, about 50 km east of Timmins, Ont., appear to be paying off for Cross Lake Minerals (CRN-V), East West Resource (EWR-V) an…
Drilling outlines gold zone at Asuadai
A 19-hole drill program at the Asuadai prospect in Ghana has outlined potentially economic mineralization for joint-Venture partners Golden Knight Resources (GKR-T) and Leo Shield Exploration.The 1,51…
NEVADA — White Knight aims for large find
A Vancouver-based junior has assembled a portfolio of 10 Nevada gold propeties with the intention of uncovering a large deposit.White Knight Resources (WKR-V) reports that many of the properties exist…
Golden Knight posts $56.1-Million loss for 1996
The $58.8-Million writedown of its 40% carried interest in the Casa Berardi joint venture resulted in a loss of $56.1 million for Golden Knight Resources (GKR-T) in 1996.The loss is considerably great…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Junior companies converge on West African prospects
The political and economic reforms sweeping the African continent continue to attract an increasing number of North American gold exploration companies.The yellow metal has been mined in West Africa f…
Strike closes TVX’s Casa Berardi mine
Production at TVX Gold’s Casa Berardi gold mine in northwestern Quebec has been halted following a walkout by 220 employees.Members of Casa Berardi Syndicat des Metallos d’Amerique union rejected the …