Bre-X firms up Busang gold play
Stepout drilling at the Busang project in Indonesia has reinforced the owner’s perception that the Central zone could host a gold resource minable by open-pit methods. Bre-X Minerals (ASE) drilled six…
News
Americomm buys Nevada properties
Oklahoma-based Americomm (NASDAQ) will acquire all the Nevada gold interests of Southwestern Gold (TSE). The deal includes 148 unpatented, non-producing mining claims contained within four properties….
Chase drilling Taysan project
Drilling continues to delineate the Taysan copper-gold porphyry deposit in the Philippines. Situated 100 km south of Manila in Batangas province, the project is owned by Taysan Copper, a company in wh…
GOLD FUNDS (April 10, 1995)
BGR Central Net Value $16.33 $6.54 Price $14.50 $6.75 Discount 11.20% Premium 3.2% Value $127,662,000 $122,170,275…
NEWS IN BRIEF (April 10, 1995)
Lana Gold (LAL:VSE) has changed its name to Global Technologies on a 1-new-for-3-old-share basis.
Harte to explore Ontario properties
Recent agreements involving Harte Resources (CDN) affect a package of properties in the Beardmore-Geraldton camp of northwestern Ontario. Harte entered into a new arrangement with Tombill Mines (TSE) …
Spot prices at a glance (April 10, 1995)
Week’s Price (US) Change Gold* $392.50 + $9.50 Silver* $5.36 + $0.63 Platinum* $457.50 + $36.60 Nickel** $3.46 + $0.05 Lead** $0.27 $0.00 Copper $1.34 + $0.01 Zinc $0.48 + $0.03 Courtesy of Scotiabank…
Results cloud Sunshine’s year
A lacklustre fourth quarter took the shine off 1994 for Sunshine Mining (NYSE). The Boise-based company reported a loss of US$4.9 million for the year, compared with a loss, in the previous year, of U…
STOCK MARKETS — Markets reel as AK results prove better than
Rekindled interest in diamond exploration in the Northwest Territories is heavily influencing trading on the Vancouver Stock Exchange. The VSE reeled during the month of March as the volume of shares …
Plata drills targets in Argentina
In the Argentine province of San Juan, Plata Mining (ASE) has launched a 1,400-metre program of reverse-circulation drilling. The junior’s Hualilian gold property is in an area which has a history of …
STOCK PAGES — Precious metals react to currency market
The mood was bullish for precious metals during the report period ended April 4, as the U.S. dollar struggled to hold its own against the Japanese yen and German mark. Gold, which had been stuck in th…
DIAMOND NEWS ROUNDUP — Diamond discovery throws spotlight on
Partners KWG Resources (TSE) and Spider Resources (ASE) have released results from a vertical hole drilled to test the Kyle Lake intrusive, discovered just over a year ago in the James Bay Lowlands of…