Correction (August 14, 1995)
In our Aug. 7 issue, William Resources (ME) was incorrectly identified as being part of a group of companies able to earn a 50% interest in a Nevada gold project.Minorca Resources (ME) and Vogue Resou…
News
Rio enjoys solid second quarter
Increased copper production, higher copper prices and the acquisition of the Metal Goods division helped Rio Algom (TSE) post solid revenue and earnings figures for the second quarter.The company earn…
American Bullion drilling Red Chris copper-gold deposit
In one of the largest exploration programs under way in British Columbia, American Bullion Minerals (VSE) is endeavoring to develop an open-pit resource at its Red Chris copper-gold project near this …
Labrador News Roundup — Niatak assays confirm samples
Assays on drill cores from the Niatak Island sulphide showings, 30 km east of the Voisey Bay deposit, confirmed the results of earlier surface sampling.Goldnev Resources (VSE) and Starcore Resources (…
Labrador News Roundup — Gossans found at Harp Lake
Boot-and-pick prospecting in the Harp Lake area, southwest of Voisey Bay, has revealed nine gossan zones in coarse anorthosite host rocks. Leicester Diamond Mines (VSE) reports the gossans contain iro…
Labrador News Roundup — Pallaum, Swannell test anomalies
Exploration crews have started ground checks of magnetic and electromagnetic anomalies on properties held by the Labrador Nickel Syndicate, a joint venture of Pallaum Minerals (ASE) and Swannell Miner…
Labrador News Roundup — Pacific Golden locates gossan
Preliminary field work on ground held by Pacific Golden Spike Resources (VSE) in the Voisey Bay area of Labrador is turning up sulphide mineralization.The identified gossan measures more than 2 km in …
Manhattan to resume exploration at Montosa
Manhattan Minerals (TSE) will use a portion of the proceeds from a $2-million private placement on two Latin American ventures — one in Mexico, the other in Peru.The funds will enable the junior to p…
Meetings (August 07, 1995)
MEETINGSAug. 14, JentanAug. 14, LoumicAug. 14, NucanolanAug. 14, RupertAug. 15, Bellevue Aug. 15, NewcoastAug. 15, Springsyde Aug. 15, TakuraAug. 15, Webex Aug. 15, YamanaAug. 16, Alpha GoldAug. 16, I…
Temagami staking rush anticipated for summer
A wide range of mineral prospects in the Temagami area of northern Ontario will trigger a claimstaking rush when dozens of dormant townships are thrown open to developers later this month, government …
Drilling at Red Lake mine proves continuity of zones
Goldcorp (TSE) has released additional results from its ongoing $10-million exploration and development program at the Red Lake mine in northern Ontario.In addition to advancing drifts, Goldcorp carri…
METAL PRICES — FREE MARKET (August 07, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateAugust 1 July 31July 28 July 27 July 26Copper3010-3015 2978-29572982-29873005-30102970.5-2985.5Lead624.5-625.5 621-622620-62162…