News

Stratabound resumes its drilling at Taylor Brook

With promising strike extensions and geophysical anomalies to test, Stratabound Minerals (ASE) has resumed drilling at the Taylor Brook property, near Bathurst, N.B.The first hole, 96-17, tested a dow…




METAL PRICES — FREE MARKET (January 22, 1996)

London Metal ExchangeSpot closing prices in $US per tonneDateJan. 16 Jan. 15 Jan. 12 Jan. 11Jan. 10Copper2534-25392583-2585 2740-2745 2620-26252638-2643Lead701-702 690-691 690-692 699-699…


Altavista raises funds for drilling

A private placement will enable Altavista Mines (ME) to develop the Santa Anna gold property in northwestern Quebec.The junior raised $500,000 through a private placement of 1 million common shares wi…


Aur to start work in Manitoba

Toronto-listed Aur Resources has begun exploring six properties in northwestern Manitoba. The program is being funded by associated junior companies Thunderwood Resources (TSE) and Consolidated Abitib…



Production rising at Eagle River

With problems at its leased mill cleared up, River Gold Mines (TSE) is forecasting capacity production in 1996 from its Eagle River mine near Wawa, Ont.Gold was first poured in October, just 18 months…


Guyanor acquires Paul Isnard ground

Now that the French government has given its consent to Guyanor Resources to acquire eight concessions in French Guiana, the Toronto-listed junior will step up its exploration program.Line-cutting, ge…


Battle Mountain makes nickel find

Battle Mountain Gold (NYSE) has uncovered lateritic nickel mineralization at its Siduarsi prospect in the Indonesian province of Irian Jaya.The mineralized area measures 0.5-4 km wide by 9 km long and…


Caledonia invests in Holmer

The mineral potential of Cuba and the large land package held in that country by Holmer Gold Mines (ASE) have prompted Caledonia Mining (TSE) to pursue an investment position in that company.Caledonia…


KWG, Falconbridge strike Caribbean deal

KWG Resources (TSE) and Falconbridge (TSE) subsidiary Falconbridge International Investments have reached an agreement under which KWG will earn an interest in three Falconbridge properties in the Dom…


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