PEOPLE — BOOKER GOLD (June 09, 1997)
William Deeks appointed director.
News
Repadre joins Santa Cruz in Mexico
To fund development of its Magistral gold project in Mexico’s Sinaloa state, Santa Cruz Gold (SCG-T) has completed a $6.8-Million financing deal with Repadre International, a wholly owned subsidiary o…
Producer and Dealer Prices (June 09, 1997)
Aluminium: LME settlements US$1,561 per tonne, alloy $1,452 per tonne (June 3/97).Antimony: Composite free market, US$2,200 per tonne (June 3/97).Bismuth: Composite free market US$3.50 per lb. (June 2…
SPOT PRICES (June 09, 1997)
Wednesday, June 4, 1997Price(US)Week’s ChangeGold*$342.40- $2.30Silver*$ 4.73…
Westmin encouraged in Argentina
Encouraging drill results have been reported following the first season of drilling at the Fin Del Mundo project on the southern tip of Argentina. The 3,413-Metre program consisted of 18 holes.Situate…
STOCK MARKETS — Vancouver composite drops below 1,000, ASE off as well — Mexican explorers Hemlock and Francisco fare well as El Misti Gold continues slide
The Vancouver Stock Exchange composite index lost 10.51 points over the report period ended June 3 to close at 990.08. The combined value of the Alberta Stock Exchange was also off, shedding 19.81 poi…
DIAMOND PAGE — Ashton focuses on Roundrock play
Ashton Mining of Canada (ACA-T) will examine new indicator mineral targets on the Roundrock property in the Northwest Territories.Drilling last summer resulted in the discovery of the Aquila diamondif…
LETTER TO THE EDITOR — Ontario committed to regulatory reform
I am writing in response to the commentary on the Ontario regulatory process (T.N.M, May 12/97).I was quite disappointed to see such a portrayal of Ontario’s regulatory system in your publication. The…
Rux Resources signs agreement for Russia’s Vorontsovsk gold deposit — Junior must complete scoping study and examine social aspects
A letter of intent with two Russian companies sets the stage for Rux Resources (RUXR-c) to acquire a 49% interest in the Vorontsovsk gold deposit situated 400 km north of Yekaterinburg, Russia.Previou…
DIAMOND NEWS ROUNDUP — Spider, KWG busy in Brazil
Joint-Venture partners KWG Resources (KWG-T) and Spider Resources (SPQ-A) have recovered lamproite indicator minerals from five samples taken from the Contendas structure in central Brazil.The samples…
Northern Orion inks deal
The Argentine subsidiary of Northern Orion Explorations (NNO-T) has entered into an option agreement with the Latin American subsidiary of Mincorp on the project known as El Dorado.The agreement requi…
William looks to boost output — Hedging program enables junior company to almost double revenue
After a year of involvement in acquisitions and takeovers, William Resources (WIM-T) is turning its attention to improving gold production.”We are now focusing on operations,” President Stan Bharti to…