Diamond drilling has confirmed the continuity of mineralization at Pangea Goldfields’ (TSE) Fenn-Gib gold property in Guibord Twp., east of Matheson, Ont.The program of 11,500 metres of infill and def…
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Gold Funds as of April 11, 1996BGRCentralNet Value$24.07$6.78Price$19.25$7.125Discount20.03%5.1%Value$188,206,000$128,957,513…
With an agreement to purchase the Roberts Victor (Rovic) diamond mine in South Africa for US$4.3 million, junior explorer Botswana Diamondfields (VSE) may become a producer by the end of May.Situated …
AMAX GOLD — Scott Shellhaas appointed president and chief operating officer.CONS. NRD RES. — Brent Fidler and Derek Keating appointed directors.CORDAL RES. — Bernie Brauer appointed director; Rober…
A $1.4-million drilling and exploration program is set to begin on the Corey property in northwestern British Columbia.Kenrich Mining (VSE), which owns the 83,000-acre property, will drill 40 holes in…
International CanAlaska — 5,720,000 common shs and 2,600,000 sh purchase wts issuable upon exercise of 5,200,000 special wts @ $1.00 per special wt.
Following the conclusion of negotiations with the government of Angola and the country’s state-owned diamond company, Endiama, De Beers has been awarded diamond prospecting rights to three areas.De Be…
Spring drilling at the Cross property in the Northwest Territories’ Slave province has encountered kimberlite.Ashton Mining of Canada (TSE) made the find while drilling the second hole at the Orion in…
Wednesday, April 10, 1996Week’sPrice (US)ChangeGold*$394.55+$0.75Silver*$ 5.46-$0.05Platinum*$406.00+$0.75Nickel**$ 3.60-$0.04Lead**$ 0.38+0.02Copper $ 1.13$0.00Zinca$ 0.48+…
An agreement with the union at the McLeese Lake mine in central British Columbia provides mine owner Gibraltar Mines (TSE) with a new 3-year labour contract.The agreement was ratified by a 72% majorit…
The decision by Fairfield Minerals (TSE) President John Stollery to retire has prompted the company to consider a merger or joint venture with another company or companies.Stollery cited health proble…
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