Through a subsidiary, Mount Isa Mines of Australia has secured an option to earn an interest in five Panamanian properties. The properties are, in turn, held by a 60%-owned subsidiary of Western Kelti…
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When markets are hot, scoundrels come out of the woodwork. That is the only way to explain the recent Timbuktu Gold fiasco, a salting scam that lured in unsuspecting investors by conjuring up the roma…
At a conference in Manhattan, the American Stock Exchange (AMEX) demonstrated an interest in the yellow metal by introducing a new index of selected gold mining companies.Known as Gold BUGS, the index…
Exploration of La Salle I, a gold property of Chesbar Resources (CBI-M) in eastern Venezuela, has been postponed until after aquisition negotiations are completed.Chesbar owns 80% of the concession an…
Ongoing exploration by Paramount Ventures & Finance (PVF-V) in Argentina’s Salta province has confirmed the presence of a previously unrecognized, sedimentary copper belt analogous to that of a copper…
Bulk sampling has revealed that the Tabora kimberlite pipe in Tanzania contains high-quality diamonds.Tan Range Exploration (TNX-A) recovered 16 high-quality gem diamonds from a 384-ton sample. The di…
A drill program employing three rigs is testing a massive sulphide target at the Campo Morado project in Mexico’s Guerrro state.Owner Farallon Resources (FAR-T) says the 543-sq.-km property hosts more…
Gold Funds as of June 13, 1996BGRCentralNet Value$24.27$6.52Price$18.25$6…
The onset of summer has Platinova A/S (PAS-T) gearing up for work programs at various properties in Greenland.Drilling has begun at the company’s wholly owned Peary Land zinc project, situated on tide…
Up to 50 holes will be drilled on the Champion copper oxide property in north-central New Mexico.Summo Minerals (SMA-T) intends to test the open extension of a new oxide zone, which lies north of a dr…
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