Meetings (April 24, 1995)
May 1, Canabrava – annual, generalMay 1, Copperquest – annual, specialMay 1, Southwestern Gold – annual, generalMay 2, Ashton – annual, generalMay 2, Imasco – annual, generalMay 2, Santa Cataline – an…
News
Freewest’s Willett drilling returns encouraging assays
Encouraging results were obtained from drilling at the Willett copper-zinc-lead-silver-gold property in New Brunswick, Freewest Resources (TSE) reports.The wholly owned property is 6 miles southwest o…
Panamanian gold producer catches Northfield’s interest
Junior gold miner Northfield Minerals (TSE) has signed a letter of intent to acquire an 80% interest in Pangold S.A., a privately owned Panamanian gold company. The interest will be acquired in exchan…
Bre-X drills Central zone of Busang gold project
A third phase of drilling is under way on the Central zone of Bre-X Minerals'(ASE) Busang gold project in Indonesia.To date, two rigs have drilled 24 holes as part of a 3,654-metre program. The stepou…
Regeena bullish on La Cucaracha copper-gold project
Preliminary work on the Cucaracha copper-gold project in Chile is returning encouraging results for Regeena Resources (VSE).Sampling returned average grades of 2 grams gold per tonne and 2% copper wit…
Active in Argentina — Yamana samples epithermal targets
The discovery of an epithermal gold district appears to be taking shape south of here in the province of Santa Cruz.During a site visit, The Northern Miner visited six of the 10 cateos, or claim block…
Capital market restructuring suggested by ME president
The president of the Montreal Exchange has called for a far-reaching restructuring of the Canadian capital market.Although the Canadian financial services industry has gone through a substantial restr…
PRODUCER PRICES (April 24, 1995)
ALUMINUM: MW U.S. market US91.25-92.25 cents per lb. (April 7, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.65-3.75 per lb. (April 7, 1995)…
Bard drills six holes at Botanamo
At the Botanamo property in southeastern Venezuela, Bard Silver & Gold (VSE) has completed a preliminary 6-hole drill program designed to test the Nuevo Callao structure.The drilling was carried out o…
Metals Commentary — Metals buyers, sellers face off
After the metals price turmoil in the first quarter, metals buyers and sellers are maintaining a cool facade as both sides attempt to determine whether there is any weakness in their respective market…
Freeport-McMoRan to divest non-mining assets in Indonesia
As a part of ongoing restructuring, Freeport- McMoRan Copper & Gold (NYSE) is divesting itself of many of its non-mining assets in Indonesia. In doing so, the Reno-based company hopes to be able to co…
Gold values for Pamlico
Follow-up drilling on the Pamlico property in Mineral Cty., Nev., has returned gold values for partners Cactus West Exploration (VSE) and Pamlico Gold (VSE). The latter is earning a 51% interest by sp…