Sharpe, Freewest cut sulphides
Partners Sharpe Energy & Resources (VSE) and Freewest Resources Canada (TSE) are encouraged by results of the second hole drilled on their Bend massive sulphide deposit in Wisconsin. Hole B94-18, whic…
News
Black Hawk to acquire copper-gold deposit
Toronto-based Black Hawk Mining (TSE) will acquire Boliden Resources’ interest in the Bald Mountain copper-gold property in Maine. The purchase price is US$2 million and a 2% net smelter return (NSR) …
Ego commissioning cobalt facility
Loan advances totalling $6 million will contribute to startup of a cobalt recovery plant in Cobalt, Ont. Commissioning is to begin this month on Ego Resources’ (TSE) new facility, which is designed to…
Appeal planned — Warren convicted in Giant mine deaths
The defence team of Roger Warren intends to appeal Warren’s conviction on nine counts of second-degree murder in the bombing deaths of nine miners at the Giant gold mine in Yellowknife, N.W.T. “It sta…
GOLD FUNDS (January 30, 1995)
BGR Central Net Value $16.87 $6.74 Price $13.38 $6.875 Discount 20.71% Premium 2% Value $132,625,000 $124,432,688…
Labrador find fails to rouse western markets
The Vancouver Stock Exchange indexes continued on a downward trend over the report period ended Jan. 24, with the exception of the resource index which gained 1.28 points to finish at 1,189.48. As for…
B.C. gov’t slams door on Kemano
Resource projects have long been the engine of British Columbia’s economy, but that may change if high-profile investments in this sector continue to be quashed by the province’s political leaders. Re…
Musto work progressing at Bajo de la Alumbrera
Development of the Bajo de la Alumbrera copper-gold deposit in northwestern Argentina continues to proceed on schedule. The project is a 50-50 joint venture between International Musto Explorations (T…
Fort Knox drill program tests Ontario property
A recent drill program by Fort Knox Gold Resources (TSE) has intersected additional sulphide mineralization at the company’s base metal property in Ontario’s Fawcett Twp. In one program, two short hol…
DIAMOND NEWS ROUNDUP — Bulk sample results in from Kahama
Results were released by Serengeti Diamonds (VSE) from a 300-tonne bulk-sampling program on the southern portion of the company’s mining claims at Kahama, Tanzania. The Toronto-based junior is earning…
Study calls for for production at Nixon Fork
An updated feasibility study gives the thumbs-up to the Nixon Fork gold project in west-central Alaska. Consisting of a 60,000-oz.-per-year underground mine and a gravity-flotation mill, Nixon Fork is…
NEWS ROUNDUP — Pathfinder jumps for Joy
In addition to acquiring a listing on the Vancouver Stock Exchange, Pathfinder Resources has begun exploring the Joy copper-zinc property near Red Lake, Ont. The junior can earn a 25% stake in the pro…