Sierra Madre finds gold in Mexico
Mapping and sampling by Minera Sierra Madre (ASE) on the former-producing Tucabe property in Sonora state, Mexico, have confirmed the presence of a gold-bearing structure.The 40-metre-wide zone is she…
News
Band-Ore pulls gold at Thorne (February 05, 1996)
At its Thorne project, west of Timmins, Ont., Band-Ore Resources (CDN) has drill-tested the western extension of the Kapika zone, where reserves are estimated at 270,000 tonnes grading 2.5 grams gold …
Cyprus to explore Roxmark ground
Cyprus Canada, the Canadian unit of Cyprus Amax (NYSE), will carry out geophysical work and diamond drilling on properties held by Roxmark Mines (TSE) near Geraldton, Ont.Cyprus is earning a 60% inter…
Goldcorp to triple production at its Red Lake gold operation
With development drilling indicating substantial new reserves, Goldcorp (TSE) will increase annual production at its mine in Red Lake, Ont., to 150,000 from 50,000 oz.Kilborn Engineering Pacific estim…
Condor, Spire to explore in Kalimantan
Partners Condor International Resources (VSE) and Spire Ventures (VSE) will acquire an 85% interest in the Sokan gold project on the Indonesian island of Kalimantan.Each company will issue US$350,000 …
Companies (February 05, 1996)
INDEXAkeroki-AshntiAkiko GoldAltra VenturesAmax GoldAsia PacificAurizon MinesAvalon VenturesBand-OreBarrick GoldBattle Mtn GldBema GoldBolivar GldfldsBre-X MineralsCambiorCamecoCampbell Res.Canarc Re…
Network reports new trading record
The Canadian Dealing Network, the nation’s major trading mart for over-the-counter stocks, has set a trading record for the third consecutive year.Trading volume in 1995 was close to 1.7 billion share…
Meetings (February 05, 1996)
MEETINGSFeb. 12, Winspear Feb. 13, Blackwater GoldFeb. 13, Coast FalconFeb. 13, RochesterFeb. 14, AndersonFeb. 15, BordunFeb. 15, Glen AudenFeb. 15, Ideal MetalFeb. 15, Misty Mountain Feb. 15, Opawica…
Canarc to go underground at Polaris-Taku
Canarc Resource (TSE) is proceeding with a $5-million feasibility study on its fully owned Polaris-Taku gold project in northwestern British Columbia, following a positive assessment of the project’s …
Golden Bear ready to roar in ’96
With new minable reserves calculated for the Kodiak A and Ursa deposits, North American Metals (VSE) is preparing to begin a 170,000-tonne heap-leach operation at its Golden Bear property in northwest…
Barrick to develop third mine at El Indio
Exploration at the Chilean project known as El Indio has uncovered a new gold deposit, and Barrick Gold (TSE) expects it will form part of what would be its third mine in South America.The Pascua mine…
METAL PRICES — FREE MARKET (February 05, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateJan. 30 Jan. 29Jan. 26 Jan. 25 Jan. 24Copper2550-2553 2504-25062497-2502 2548-25532560-2565Lead724-725 716.50-717.5720.5-721.5 7…