NEWS IN BRIEF (March 04, 1996)
Arbor Resources (AOR: VSE) has changed its name to Klondike Gold (KG:VSE) on a 1-new-for-10-old-share basis.
News
Mongolia Gold updates feasibility on Bumbat
Mongolia Gold Resources (VSE) reports that the Bumbat gold project in Mongolia is expected to generate cash flow of US$7.4 million from revenue of US$33.9 million in just over two years.Mongolia opera…
Reading our stock trading tables (March 04, 1996)
A comprehensive listing of weekly stock quotations for mining securities is provided by The Northern Miner. To assist readers who often know the name of the stock but not the exchange on which it trad…
Golden Heart drilling program proves fruitful for juniors
The first phase of a drill program on the Golden Heart property in northern Saskatchewan has yielded favorable results.The project is shared by Tyler Resources (TSE), with 50%, Golden Rule Resources (…
Tournigan cashes up
A private placement will raise up to $6.97 million for International Tournigan (VSE).The placement includes up to 3.1 million special warrants at $2.25 each, with each special warrant convertible at n…
Archangel intersects kimberlite in Russia
Drilling on the Verkhotina project in northwestern Russia has intersected a kimberlite pipe for Archangel Diamond (VSE).The pipe appears to be on a structure distinct from that which controls the five…
Laramide and Gerle receive values from Mexican gold-silver property
Drilling on the Pragedia property in the Mexican state of Sonora has returned gold and silver values for partners Gerle Gold (VSE) and Laramide Resources (VSE).The companies, which hold 32% and 50% in…
Jonpol raises exploration funds
A private placement is being planned by Jonpol Explorations (TSE) to fund exploration work in Indonesia, Mexico and the James Bay Lowlands of Ontario.The company plans to sell 2 million units at 55 ce…
Kookaburra Resources to gain Rosa Maria gold prospect in Peru
By paying US$770,000 over three years, Kookaburra Resources (TSE) can acquire a 2,500-hectare property in southern Peru.The Rosa Maria property hosts several copper-gold porphyry prospects, including …
Miramar Mining is sizing up Talapoosa gold-silver project
A feasibility study on a proposed open-pit, heap-leach gold-silver mine at the Talapoosa property in Lyon Cty., Nev., is expected to be completed in the second quarter.Project-owner Miramar Mining (TS…
THE EDITORIAL PAGE Where opportunities begin
The Vancouver Stock Exchange is right on the money when it claims to have played a role in some of Canada’s most important mineral discoveries. The Hemlo gold deposits of Ontario, the rich Eskay Creek…
THE EDITORIAL PAGE — The Obest small town’ in America
Elko, Nev., is known for its western heritage and attracts visitors from around the world to such events as its annual Cowboy Poetry readings.But the small community has another important claim to fam…