News

Junior Altai Resources (ATI-T) is testing the potential of the Mabulao copper-gold property in the past-producing Paracale gold camp, 200 km south of Manila in the Philippines.The camp has recorded pr…

Gold Funds as of August 8, 1996BGRCentralNet Value$23.35$6.50Price$18.15$…

Contrary to the “On the Level” motto at the top of your editorial page, I think your theodolite took a bit of a tilt when you published the editorial “What a tangled web . . .” (T.N.M., July 1/96). Yo…

Assays are expected shortly from diamond drilling carried out by Rainbow Petroleum (RBP-A) at the Copper Prince property near Sudbury, Ont.Core from the first five holes has been sent for assay, and t…

Drilling at the War Baby property in Flin Flon, Man., has intersected a 5-metre interval grading 6.13% copper and 0.02 oz. gold plus 0.77 oz. silver per ton between a depth of 1,903 and 1,908 metres.T…

The first three holes drilled by Gran Colombia Resources (GCRI-C) have intersected near-surface, gold mineralization at the company’s concessions in the Marmato district of Colombia, 150 km northwest …

Nord Pacific Resources (NORPY-Q) has produced new resource estimates for advanced projects in Papua New Guinea and Australia.At the Tabar Islands gold project, on Simberi Island in PNG, the company ha…

Gold producer Royal Oak Mines (RYO-T) has completed a debt-financing to raise funds for its portfolio of Canadian development projects.The funds will be used to finance construction of Royal Oak’s fla…

Short positions outstanding at July 31, 1996Larger individual positions included: Barrick Gold 10,127,048; Agnico-Eagle 297,060; Asia Pacific 116,715; Anvil Range 433,900; Atna Resources 114,600; Ande…

Results were released by Rhonda Mining (RDM-A) for two targets drilled earlier this year by a unit of Noranda (NOR-T) at their 50-50 joint-venture Epworth project, 90 miles south of Coppermine, N.W.T….

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