Kinross opens QR gold mine in B.C.
The recent opening of the QR gold mine, 70 km southeast of this timber-mining town, marks a first for Kinross Gold (TSE). While the company already has six other operating mines, QR is the first that …
News
LAG grabs a larger stake in Ecuadorean gold company
By purchasing an additional 10.1% of Compania Minera Zamora (Cominzasa), Latin American Gold (CDN) has become majority owner in the Ecuadorean gold company, with a 50.1% equity interest.South American…
Meetings (October 02, 1995)
MEETINGSOct. 10, Acabit Oct. 10, Auriginor Oct. 10, KRL Res. Oct. 12, Conquest Oct. 12, Greystar Oct. 12, Loubel Oct. 13, Cache Oct. 13, Expl. SullidenOct. 13, Gold Bar Oct. 16, El Condor Oct. 16, Fai…
NEWS IN BRIEF (October 02, 1995)
Paragon Resources (PAR:VSE) has changed its name to Samex Mining (SXG:VSE) on a 1-new-for-5-old-share basis.
LABRADOR NEWS ROUNDUP — Ace explores Puttuaalu Lake
Exploration of its land holdings in the Puttuaalu Lake area northwest of Nain, Labrador, has returned sulphides for Ace Developments (VSE).Twenty-five disseminated and massive sulphide occurrences hav…
LABRADOR NEWS ROUNDUP — Drills to turn at Tasisuak Lake
Partners Consolidated Magna Ventures (VSE) and Consolidated Viscount Resources (VSE) have now identified seven drill targets on their Tasisuak Lake property, 50 km northwest of Voisey Bay, Labrador.Re…
Showings reported for Parker Lake
Exploration work at the Parker Lake project, 60 miles west of Rankin Inlet, N.W.T., is turning up nickel-copper-cobalt massive sulphide mineralization.Parker Lake is owned 50% by Cumberland Resources …
Wheaton ready to advance its Golden Bear project
Preliminary feasibility work on the Ursa zone at the Golden Bear mine property in northwestern British Columbia indicates the deposit can be mined at a profit.Wheaton River Minerals (TSE), which contr…
BHP drills Cabre polymetallic play
A 5-hole, 2,000-metre drill program is being conducted by BHP Minerals Canada on Southern Africa Minerals’ (TSE) wholly owned Cabre polymetallic property near Matagami, Que.The program will test geoph…
Spot prices at a glance (October 02, 1995)
Wednesday, September 27, 1995Week’sPrice (US)ChangeGold*$383.20-$1.80Silver*$ 5.46-$0.02Platinum*$420.25-$16.60Nickel**$ 3.86+$0.10Lead**$ 0.27+$0.01Copper $ 1.33+$0.04Zinca…
FINANCING (October 02, 1995)
Alpetro — 3,000,000 shs @ 10 cents per sh.Anglo Min. — 1,200,000 shs @ 30 cents per sh.Houston Lake M’g — 2,500,000 shs @ 10 cents per sh.Madrona M’g — 2,000,000 shs @ 15 cents per sh.Mart Res. –…
TSE SHORT POSITIONS (October 02, 1995)
Short positions outstanding at September 15, 1995.Larger individual positions included: Barrick Gold 5,706,023; Agnico-Eagle 197,980; Archer Res. 137,600; Anderson Expl. 2,596,600; Beau Canada Expl. 1…