Greystar cuts more gold at Angostura
Greystar Resources (GSL-V) is continuing an aggressive in-fill drilling program at its wholly owned Angostura Gold Project in northeastern Colombia.The Vancouver-based junior released the first drill …
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VSE cans GMD directors and orders loan repayments
Farrell Financial and LMX Resources (LMX–V) have been ordered by the Vancouver Stock Exchange to repay $3 million in loans that were not properly disclosed. In addition, the VSE banned GMD President …
STOCK MARKETS — TSE rises despite weak performances of golds, base metals — Aurado Exploration remains hottest ticket; Rex share price hits three digits
The Toronto Stock Exchange 300 composite index climbed 78.97 points, or 1.1%, in the report period of Feb. 11-17, to end the week at 6960.46.Trading volumes were relatively healthy for most of the per…
Valerie drill tests Mexican anomaly
A 1,600-metre diamond drilling program is under way on the Mamatla concession in south-central Mexico, held by Valerie Gold Resources (VLG-V).The 160-sq.-km concession straddles the boundary between t…
Formation tests anomalies at Pine Bay copper-zinc project
Formation Capital (FCO-T) has begun drill testing geophysical anomalies at its Pine Bay copper-zinc property near Flin Flon, Man.The program, which follows geophysical work, is designed to test an ano…
Fancamp options nickel prospect on Quebec’s North Shore
Fancamp Resources (FNM-V) has acquired an option on 78 claims around a nickel discovery on Quebec’s North Shore, 90 km north of Baie Comeau.The discovery, tentatively named “B-40,” consists of dissemi…
PEOPLE – SEPTEMBER
Thomas I. Vehrs elected director.
PEOPLE – SEDEX
Robert Woodfill and John Frost elected directors.
PEOPLE – PAMLICO
Michael J. Hordo appointed chairman. Jack Kurin appointed CFO.
FACTS ‘N’ FIGURES — Indian silver imports on rise
Silver imports into India totalled more than 100 million oz. in the first eight months of 1997 — a 50% increase over the same period last year, according to Gold Fields Mineral Services. And with fur…
PEOPLE – SOLID 5 PEOPLE – TREMINCO
Bruce Samsom and Harry A. McKinders elected directors.David Hottman appointed president.
PEOPLE — INDO PACIFIC
Wayne Golding elected director.