THE DIAMOND PAGE — Trade Winds collects sample
Junior Trade Winds Resources (VSE) has recovered several tonnes of kimberlite from drilling of the Drybones Bay pipe, in which it can earn an 80% interest.Situated 50 km southeast of Yellowknife, N.W….
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DIAMOND PAGE — Drilling continues at Afridi Lake
Initial processing of the first sample from the 5009A kimberlite at the Afridi Lake property in the Northwest Territories has confirmed the pipe is diamondiferous.Cypango Ventures (VSE) will release r…
Odds ‘n’ Sods — Waiting for the cake
Production of yellow cake from the Quirke in Elliot Lake, Ont., began in the summer of 1956, and expectations were high.During the break-in period, all systems appeared to function and perform as plan…
Queenstake plans Chupaca drilling
In June, diamond drilling will begin on the Chupaca property in Peru, according to Queenstake Resources (TSE).Surface work by Queenstake Resources (TSE) has identified a gold anomaly measuring 700 by …
CDA elects board at annual meeting
The election of a new board of directors was one of the highlights for the 110 delegates who attended the 53rd annual convention of the Canadian Drilling Association, held May 1-3 at Nova Scotia’s She…
DIAMOND PAGE — Diadem Res. finds diamond fragments in California
A drill hole at Diadem Resources’ (ME) property near Leek Springs, Calif., has returned 235 diamond fragments.The fragments were recovered from samples representing 120 ft. of lamproite between 36 and…
GREATEST VALUE TRADED, May 8-14
Value($000s)HighLowCloseChangeDiamond Flds T171056$42.9541.8041.90-0.75Inco Ltd T166066$47.7046.3046.45-0.60Cartaway Res A151534$16.503.2513.25+9.65BRE-X Mnrls T102894$216….
Gold Funds (May 20, 1996)
Gold Funds as of May 9, 1996BGRCentralNet Value$25.81$6.76Price$20.45$6.900Discount20.77%2.1%Value$201,788,000$124,885,170…
STOCK MARKETS — Despite drop in price golds hold steady
After a slight 1-day drop, the Toronto Stock Exchange climbed higher over the period ended May 14, with the TSE composite 300 finishing the week at a record 5206.59 for a gain of almost 40 points, or …
Spot prices at a glance (May 20, 1996)
Wednesday, May 15, 1996Week’s Price (US)ChangeGold*$391.85-$1.80Silver*$ 5.40-$0.08Platinum*$402.25-$4.00Nickel**$ 3.64-$0.17Lead**$ 0.38-0.01Copper$ 1.24-$0.05Zinc$ 0.47-$0…
Gold intersected at Golden Hill project in Cuba
The latest drilling at the Golden Hill project in Cuba has yielded impressive results.Hole GH-71, drilled vertically on the Little Golden Hill zone, intersected 27.25 metres of near-surface oxide mate…
EDITORIAL PAGE — Mining Week celebrates Canadian accomplishment
One of the goals of Canada’s National Mining Week is to communicate the importance of the industry to people who rarely think about how metals and minerals affect their daily lives.Until recently, thi…