Junior Goldbrook Explorations (GDK-A) can earn a half interest in the Jubilee-Surluga gold property, near Wawa, Ont., from Citadel Gold Mines (CIGD-C).The 5,968-acre property includes 12 former gold m…
Calgary-based Orogrande Resources (ORG-A) is prospecting for gold and copper at its Bellas Gate concessions in Jamaica.The concessions, totalling 42 sq. miles, are 40 miles northwest of Kingston in a …
Diamond drilling at the Siwash gold mine near Merritt, B.C., continued during the third quarter of 1996, and Fairfield Minerals (FFD-T) remains encouraged by the results.Forty-two holes, drilled over …
A 26-hole program of infill and delineation drilling program completed by NDU Resources (NDU-T) on the Marg property in the central Yukon during 1996 has significantly boosted reserves.A drill-indicat…
Short positions outstanding at December 31, 1996Larger individual positions included: Barrick Gold 12,334,883; up 1,335,881; Agnico-Eagle 505,768; Asia Pacific Resources 92,000, down 110,950; Anvil Ra…
Drilling at the Albino 1 gold property in Venezuela has expanded reserves for owner Crystallex International (KRY-T), while, at the same time, adding promise to other nearby targets.The results stem f…
Toronto-based junior Fort Knox Gold Resources (FNX-T) will earn a 45% interest in the Klu and Nikolai properties of Inco (N-T).The Klu comprises 526 contiguous claims totalling 11,000 ha in the Yukon,…
The first gold pour at the Sadiola Hill mine in western Mali has transformed Iamgold (IMG-T) into a producer.”Prior to this event, we were a company with a mine under development. The first pour and t…
Reconnaissance drilling at the Dry Creek property near Fairbanks, Alaska, has returned encouraging values for Grayd Resource (GYD-V).The program was carried out on the Red Mountain massive sulphide zo…
Vancouver-based Placer Dome (PDG-T) has fallen back on its original plan for a hostile takeover of Australian-based Highlands Gold now that a proposed underwriting of a new company has failed.The unde…
Recent changes to India’s mining regulations are paving the way for increased foreign investment in that sector and a stronger Indian economy.At a recent conference in London, B.P. Baishya, India’s mi…
Scott and Paul Marshall appointed directors.
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