Sulphides cut at Boundary claim block
The first hole of an exploratory drilling campaign has intersected two mineralized zones on the Boundary Block claims, 75 km northwest of the Voisey Bay discovery.The Boundary Block is one of four gro…
News
Glimmer, Golden Dragon end talks
All discussions concerning a plan of arrangement between Glimmer Resources (VSE) and Canadian Golden Dragon Resources (VSE), proposed in September, have been terminated.In addition, Glimmer has been g…
Program planned for Cabot Lake
Ground work on the Cabot Lake property in the Voisey Bay area of Labrador is turning up massive sulphides over a large mineralized area.Gallery Resources (ASE) reports that the mineralized area extend…
TSE Short Positions (October 16, 1995)
Short positions outstanding at September 29, 1995Larger individual positions included: Barrick Gold 5,891,875; Agnico-Eagle 134,998; Archer 138,728; Anderson Expl. 2,371,600; Bema Gold 1,175,600; Cale…
STOCK MARKETS — Markets little changed after nervous week
The Toronto Stock Exchange was fortunate in having a day off this past Thanksgiving holiday as Monday brought panic to the board of its New York counterpart. Fortunately, by the time the TSE reopened …
Falco reviews legal action against Royal Oak
Unhappy with its lot in the aborted Windy Craggy project, Falconbridge (TSE) is reportedly mulling possible legal action.The company holds a 22.5% net profits interest in the property, which was expro…
Metal Prices — FREE MARKET (October 16, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct. 10 Oct. 9Oct. 6Oct. 5 Oct. 4Copper2802-2805 2927-29302839-28432875.5-28762865-2868Lead589-590 594-595593-594 599-600 59…
INVESTMENT COMMENTARY — Success in Zimbabwe, Colorado renders Redaurum a buy
With two projects under development and one in production, Redaurum (TSE) is a rising star among junior diamond miners.In a report, Roger Chaplin, analyst with T. Hoare & Co., draws attention to the c…
Mineralization discovered at Hebron Lake
Field work on the Hebron Lake property, 200 km northwest of Voisey Bay, Labrador, has identified six mineralized areas for Consolidated Viscount Resources (VSE).Grab sampling of weathered outcrops fro…
Manitoba mining show to highlight incentives
Out of every dollar raised for exploration in Canada, 70 cents goes outside the country, and the Manitoba government wants to lure some of those funds to projects within its jurisdiction. This objecti…
Encouraging results for Da Capo
Encouraging values are reported from summer drilling at Da Capo Resources’ (VSE) Amayapampa gold property in Bolivia.Results are in hand for 34 holes drilled to date. The ongoing program will involve …
Canadian States reports on check assays
Assays are expected shortly from several additional holes drilled by Canadian States Resources (CDN) at its 1514M claim block in Labrador.In the meantime, however, the company says the previously rele…