MOST ACTIVE ISSUES, Jan. 8-14
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News
Fairstar releases results from Amantin
A first phase of diamond drilling on the Benso concession in Ghana has identified a gold-bearing shear zone underlying the Amantin prospect.Fairstar Explorations (FFR-M) conducted the 5-hole, 1,800-me…
Mineral Economics Society to hold annual meeting in British Columbia
The Mineral Economics Society of the Canadian Institute of Mining, Metallurgy & Petroleum will hold its annual meeting on Jan. 27 at the Hotel Vancouver.Entitled “Corporate Strategy in Mining: Finding…
Laramide withdraws bid for Aquiline Resources
Laramide Resources (LAM-T) has withdrawn its $5.3-million hostile takeover bid for Aquiline Resources (AQI-V), after a court turned down its petition to block Aquiline’s transactions on a Mexican prop…
Gitennes arranges placement with Teck
Gitennes Explorations (GIT-A) has arranged a $4.2-million private placement financing with Teck (TEK-T) to help fund exploration in Peru.The transaction includes 1 million units of Gitennes at $4.20 e…
Goldbrook Explorations options gold property near Wawa
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…
Orogrande seeks gold in Jamaica
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 …
Fairfield Minerals tests targets near Siwash zone
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 …
NDU Res. ups reserve at Yukon’s Marg property
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…
TSE SHORT POSITIONS (January 20, 1997)
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…
Drill results add color to Albino
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…
Fort Knox eyes Klu and Nikolai
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,…