Tan Range returns promising grades
Drilling at the Kabahelele project in Tanzania has returned respectable gold values for Tan Range Exploration (TNX-A).Hole IDD-1, collared along an east-west-trending structure, returned 3.2 grams gol…
News
Drilling firms up Fyre Lake play
At the Fyre Lake property in the Finlayson Lake district of southeastern Yukon, Columbia Gold Mines (COB-V) has completed 23 holes in a planned 10,000-metre program.The holes range in depth from 30 to…
Condor Int’l busy in Kalimantan
Partners Condor International Resources (COD-V) and Spire Ventures (SVG-V) are planning another phase of exploration for the Sokan gold project, 100 km south of Sintang in Kalimantan, Indonesia.Follow…
PRODUCER PRICES (July 29, 1996)
ALUMINIUM: LME settlements US$1,462 per tonne (July 23, 1996), alloy US$1,220 per tonne (July 16, 1996).ANTIMONY: Composite free market, US$2,650 per tonne (July 22, 1996).BISMUTH: Composite free mark…
METAL PRICES — FREE MARKET (July 29, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 23July 22July 19July 18July 17…
Lundin group to take on Gecamines JV
Vancouver-based Consolidated Eurocan Ventures (KEU-V) will receive the right to a joint venture to develop the Tenke Fungurume copper-cobalt deposit in Shaba province, Zaire.The company will have the …
NEWS IN BRIEF (July 29, 1996)
Verena Minerals Holdings amalgamated with Verena Minerals Corporation (VMCO-C) and continue to use the name Verena Minerals Corporation.
EAG extends mineralization
Drilling on Emerging Africa Gold’s (EAGI-C) gold property in Guinea has returned some encouraging results.The best intersections from the Gobele vein assayed 14.9 grams gold per tonne over 27.5 metres…
Gold Funds (July 29, 1996)
Gold Funds as of July 18, 1996BGRCentralNet Value$23.19$6.44Price$18.00$6…
Spot prices at a glance (July 29, 1996)
Wednesday, July 24, 1996Price (US)Week’s ChangeGold*$384.40+ $0.75Silver*$ 4.98…
Drilling extends Taylor mineralization
The two latest drillholes at the Taylor Brook property in northern New Brunswick have intersected sulphide mineralization at the geological projection of the known sulphide zone.Owner Stratabound Mine…
Int’l Taurus regains namesake property
Cyprus Canada, a wholly owned subsidiary of Cyprus Amax Minerals (CYM-N), is selling its right to earn up to a 70% interest in the Taurus property back to International Taurus Resources (ITU-V).The Va…