Muscocho group rehatched as Golden Goose
Shareholders have approved the merger of Muscocho Explorations (MUS-T), McNellen Resources (MNR-T) and Flanagan McAdam Resources (FMRI-C) into a single entity. The new company, to be called Golden Goo…
News
NEWS ROUNDUP — Windy resumes drilling at MacLeod
A $100,000 drilling program is under way on the MacLeod property near the Eastmain River in northern Quebec.Windy Mountain Explorations (WDM-A) is attempting to increase the mineral inventory of the S…
TVI and Echo Bay hit high-grade gold at Kingking project
Partners TVI Pacific (TVI-T) and Echo Bay Mines (ECO-T) have intersected high-grade gold zones at the Kingking copper-gold deposit in the Philippines.Echo Bay and TVI are earning 75% and 25% interests…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Recent gold discoveries shed light on Honduras
Since entering Honduras almost two years ago, Vancouver-based Mar-West Resources (MSR-V) has amassed one of the largest packages of exploration properties in the country.Mar-West began positioning its…
METAL PRICES — FREE MARKET (September 02, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateAug. 27Aug. 26Aug. 23Aug. 22Aug. 21…
DIAMOND NEWS ROUNDUP — Lytton, Pure Gold team with Ashton
Ashton Mining of Canada (ACA-T) can earn a 51% interest in the JC claim block in the Northwest Territories.Ownership of the JC block, 120 km north of Lac de Gras, is split equally between Lytton Miner…
Canada Tungsten profits from sale of assets
Proceeds from the sale of non-core assets put Canada Tungsten (CTG-T) in the black for the first half of 1996.For the six months ended June 30, CanTung netted $700,000 (or 2 cents per share) on revenu…
MSV reports loss in second quarter
With the shutdown of the Eastmain mine behind it, MSV Resources (MSV-M) is striving to return the company to profitability.The company reported a second quarter loss of $940,138 for the period ended J…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Gold resource grows at Porgera
More than 6 million oz. gold have been produced at the Porgera gold mine in Papua New Guinea, a combined open-pit and underground operation which is celebrating its sixth anniversary this month.Placer…
Junior mining companies flock to Zaire
Zaire has suddenly emerged as a popular destination for Canadian mining capital as an increasing number of juniors sign agreements for exploration and development in the Central African country.Alhoug…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Teck extends gold search to Australia
By acquiring an interest in two junior Australian companies, Teck (TEK-T) has expanded its gold exploration efforts.The company has gained a 15% stake in Camelot Resources by purchasing 21.5 million o…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Daisy on track for 1997 opening
With all key permits and approvals in hand, construction of the Daisy gold mine in Nevada is well under way and startup is projected for early 1997.Inter-Rock Gold (IRO-T) owns 65% of the operation, w…