Not only has drilling confirmed the existence of more gold at the Kinsley mine of Alta Gold (NASDAQ); the new mineralized system may represent the most significant gold find in eastern Nevada in recen…
Robert Hunter appointed chairman and director; J. Villagran Ochoa appointed vice-chairman and director; Robert Dickinson appointed chief executive officer and director; David Jennings appointed presid…
Toronto-listed Crown Resources has acquired, through a private placement, another piece of Solitario Resources (TSE).Crown paid $3.6 million to buy 1.57 million units of the smaller company at $2.31 p…
Gold Funds as of Febuary 1, 1996BGRCentralNet Value$21.58$7.06Price$18.75$7.250Discount13.11%2.7%Value$168,715,000$131,219,925…
Cumberland — 2,100,000 shs, each consisting of one Common Sh and one Common Sh Purchase Wt, issuable upon the exercise of previously issued Special Wt @ $2.00 per sh.Kinross Gold — 7,000,000 shs @ $…
Wednesday, Febuary 7, 1996Week’sPrice (US)ChangeGold*$414.75+$11.55Silver*$ 5.82+$0.30Platinum*$431.00+$12.75Nickel**$ 3.80-$0.04Lead**$ 0.35+$0.01Copper $ 1.17$0.00Zinca$ 0….
Gold’s surpassing the US$410 per-oz.-level lit a fire under Western markets, sending the Vancouver Stock Exchange resource index up over 240 points to 1,789.18 during the report period ended Feb. 6.Th…
Armistice Resources (ME) has completed a private placement of flow-through shares, raising $810,000 for exploration drilling and development at its Sheldon-Larder gold property east of Kirkland Lake, …
Minorca Resources (ME) will join with Indonesian-based PT Askatindo Karya Mineral to develop properties held by the latter in that country.Two of the Contracts of Work are on the island of Kalimantan,…
Seven more exploration holes have been drilled at depth in the Copper Rand mine near Chibougamau, Que., and owner MSV Resources (TSE) describes the results as “most promising.”MSV embarked on a drill …
In a measure designed to stimulate investment activity and create jobs in the mining sector, the Ontario government has frozen all taxes and fees relating to the industry.The Mining Land Tax has been …
Stepout sampling by Namco (VSE) off the coast of Namibia has uncovered diamonds in all 16 locations.The company took samples at 10-metre stepouts from the five discovery holes drilled in the sea floor…
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