Nevsun cuts high-grade gold at Tabakoto
As part of an ongoing drill program at the Tabakoto gold project in the Kenieba region of western Mali, 90% owner Nevsun Resources (NSU-T) has announced drill results from 16 holes.Further testing alo…
News
Sadiola mine to pour gold by year-end
The Sadiola Hill mine in Mali is 75% complete and is expected to pour its first gold by the end of 1996.”Even at this early stage in its development, Sadiola will rank amongst the top 25 gold mines in…
USMX sells royalty in Montana Tunnels
In an effort to raise funds for its Illinois Creek gold project in Alaska, USMX (USM-T) will sell its royalty interest in another project.The company will sell its 5% royalty interest at the Montana T…
Virginia drills at Ungava Peninsula
Drilling is under way on the Kogaluk permit on Quebec’s Ungava Peninsula, reports Virginia Gold Mines (VIA-M).As part of a joint venture with Cominco (CLT-T) and Quebec Crown-owned Soquem, Virginia is…
STOCK MARKETS — Dog days come early to Toronto
The Toronto Stock Exchange finished the report period ended July 2 fractionally lower, following a week of light trading and sluggish price moves. The TSE 300 composite index was down 8.09 points to 5…
Partners firm up Crow-Rea play
The Crow-Rea molybdenum property in the Okanagan area of British Columbia is returning some high-grade numbers for partners Molycor Gold (MOR-V) and Verdstone Gold (VGC-V).Recent diamond drill results…
Metal Prices — FREE MARKET (July 08, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJuly 2July 1June 28June 27June 26…
GREATEST VALUE TRADED, June 26-July 2
ExchgValue($000s)HighLowCloseChangeBRE-X MnrlsT10…
DIAMOND PAGE — Archangel reports more results from Russia
At the Verkhotina diamond project in northwestern Russia, Archangel Diamond (AAD-V) is carrying out delineation drilling on the newly discovered kimberlite pipe 441.The first hole of the evaluation pr…
Drilling probes Blackdome mine
A minimum 5,000-ft. diamond drilling program is under way at the Blackdome gold mine in southwestern British Columbia.Petro Plus (PPV-A) can earn a half interest in the former underground producer fro…
GOLD FUNDS (July 01, 1996)
Gold Funds as of June 20, 1996BGRCentralNet Value$24.63$6.51Price$18.70$6…
Tri Origin starts financing plans for Lewis Ponds
Financing of the development of the Lewis Ponds deposit will be raised in Australia by way of a $16.4 million (Canadian) public offering of Tri Origin Australia, a wholly owned unit of Tri Origin Expl…