Louvicourt mine on track
Having unraveled some of the structural complexities of the orebody, Aur Resources (TSE) is preparing to cut the ribbon on Canada’s newest copper producer. The Louvicourt mine, discovered in 1989 and …
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Spot prices at a glance (March 06, 1995)
Week’s Price (US) Change Gold* $376.30 – $2.70 Silver* $4.47 – $0.29 Platinum* $409.00 – $7.40 Nickel** $3.25 – $0.54 Lead** $0.25 – $0.02 Copper $1.28 – $0.03 Zinc $0.45 – $0.02 Courtesy of Scotiaban…
Gold Funds (March 06, 1995)
BGR Central Net Value $16.23 $6.52 Price $12.88 $6.25 Discount 20.67% 4.1% Value $127,058,000 $113,120,625…
EXPLORATION ’95 — Yamana pursuing opportunities in
Quick to recognize that the 1990s would be a time of major political and economic reform in Argentina, Yamana Resources (TSE) quietly began acquiring mineral properties in four areas throughout the co…
LRX underground at Midnight
In an underground exploration program at the Midnight gold property in Rossland, B.C., LRX Capital (VSE) is testing the vein system for its high-grade potential. The mine is a small-scale past-produce…
Guyana Gold in proposed JV in Zimbabwe
The government of Zimbabwe has approved a proposed joint venture concerning the Sabi gold mine. Guyana Gold (VSE), along with a private Zimbabwe firm, can acquire a 55% interest in the joint venture f…
Murgor drilling hits gold but fails to impress market
The first hole completed by Murgor Resources (VSE) at its 14-claim Barry Twp. property in northwestern Quebec intersected gold mineralization. Market players, however, were less than impressed. Hole M…
EXPLORATION ’95 — Exploration pays off for FirstMiss at
An accelerated exploration program by FirstMiss Gold (NASDAQ) is encountering significant gold mineralization from the Turquoise Ridge deposit at the company’s Getchell mine property, 210 miles northe…
EXPLORATION ’95 — Bathurst camp attracts junior
A junior company is gearing up to test a large property west of the past-producing, base metal-silver-bismuth mine at Nigadoo in the Bathurst camp of New Brunswick. Private company Freegrant Silver vi…
Bre-X has million-ounce resource at Busang project
An independent consultant has determined the Central zone of the Busang gold project in East Kalimantan, Indonesia, has a drill-inferred geological resource of 10.3 million tonnes averaging 1.92 grams…
Athabaska busy at Nicholas Lake
A private placement of 5.9 million common shares at a price of $1.30 per share has netted Athabaska Gold Resources (TSE) a total of $7.2 million. The proceeds will be used to fund three projects: unde…
Falconbridge ups Collahuasi interest
Collahuasi partner Shell Petroleum will sell its one-third interest in the copper deposit in Chile to Falconbridge (TSE) and Minorco for about US$19 million. The two partners will each end up holding …