Excellon drills in Mexico
A 2,000-Metre program of reverse-circulation drilling is under way at the Centauro property in Mexico’s Chihuahua state.Operator Excellon Resources (EXN-V) can earn a 65% interest in the concession fr…
News
Correction (May 12, 1997)
The Koma Bangou gold property of Etruscan Enterprises (EET-V) is in Niger — not Mali, as reported in our March 17 issue.
LETTER TO THE EDITOR — Truth or consequences — Enough is enough.
Our group has been in the business of evaluating, exploring and developing gold deposits for many years. Our audits of these deposits, for our benefit and for that of others, have yielded some absolut…
Eden Roc proves up Ivorian gold deposit
Eden Roc Mineral (EDN-T) has released encouraging results from the latest 14 holes drilled on the Afema gold project in southeastern Ivory Coast.The project forms part of the Somiaf joint venture, in …
STOCK MARKETS — Western market sluggish despite good news for juniors — Indonesian explorers rally ’round CoWs; Alberta diamond hunters owe boost to kimberlite find
Western markets continued to grapple for footing over the report period ended April 29. The Vancouver Stock Exchange composite index was down 12.45 points, or 1.2%, at 1,022.69, while the resource ind…
METAL PRICES — DAILY METAL PRICES (May 05, 1997)
BASE METALS (London Metal Exchange – Midday bid/ask prices in US$ per tonne)DateApr. 29Apr. 28Apr. 25Apr. 24A…
Toronto Stock Exchange Indices (May 05, 1997)
1997Apr 29Apr 28Apr 25Apr 24Apr 23HighLowComposit…
GREATEST VALUE TRADED, APRIL 23-29
ExchgValue($000s)HighLowCloseChangeBarrick GoldT2…
DIAMOND PAGE — Redaurum acquires Colorado kimberlite
Redaurum (RRK-T) has augmented its Colorado holdings by acquiring the Maxwell kimberlite pipe property.The property, which had belonged to a private Colorado company, is 2 km west of Redaurum’s produc…
LETTER TO THE EDITOR — Busang performances award-worthy
I have always been a sucker for fairy tales, perhaps because I’m a kid at heart and have always wished they were true.The rags-to-riches story of Bre-X Minerals, the small Canadian company that suppos…
ODDS ‘N’ SODS — Enlightened
After spending three years in the South Pacific, the Philippines and Japan during the Second World War, I returned to the U.S. in 1947 and spent a year in college as a chemistry major.That summer, I g…
Chocolate Reef taking shape
A preliminary resource estimate for the Chocolate Reef structure on the Kahama-Buzwagi property in Tanzania indicates a resource in excess of 1 million oz. gold.Pangea Goldfields (PGD-T) reports that …