PEOPLE — CADRE
Page Chilcott and Stanley Sandner appointed directors.
News
NEWS IN BRIEF (January 23, 1995)
Noramco Mining (NNN:VSE) has changed its name to Quest Capital on a share-for-share basis.
Caledonia in Scotland
An agreement has been signed enabling Caledonia Mining (TSE) to acquire Scottish-based gold explorer Fynegold Exploration for US$4.25 million plus 500,000 Caledonia shares. Fynegold holds licences and…
New coal mine for Stellarton, N.S.
Nova Scotia’s natural resources ministry has given the green light to a surface coal-mining operation at the former Wimpey pit in Pictou Cty. The project, proposed by Pioneer Coal, was approved subjec…
Birim expands Ghanaian holdings
CDN-listed Birim Goldfields has expanded its Dunkwa prospecting licence in Ghana to more than 130 from 50 sq. km. The property lies between the Ashanti Goldfields gold mine and Gencor’s Bogosu gold mi…
INVESTMENT COMMENTARY — Queenstake seen as attractive
Buying out-of-favor stocks is seen by many as a good way of following the first part of the buy-low/sell-high rule. Yorkton Securities sees value in Queenstake Resources (TSE), which recently traded a…
Drilling returns gold values at Damoti Lake property
Assay results from the Damoti Lake property north of Yellowknife, N.W.T., continue to show high-grade gold values. Operator Consolidated Ramrod Gold (TSE) has released results from 11 holes of a recen…
Armistice sampling program continues
Bulk sampling under way at Armistice Resources’ (ME) gold property in Virginiatown, Ont., could lead to a small-scale mine. The junior, which remains committed to the idea of proving up reserves below…
THE DIAMOND ROUNDUP — Cameco, Uranerz release Saskatchewan
Partners Cameco (TSE) and Uranerz Exploration & Mining have released results from the 1994 exploration program on their Fort a la Corne diamond exploration program in Saskatchewan. During 1994, 13 hol…
Spot prices at a glance (January 16, 1995)
Week’s Price (US) Change Gold* $375.00 – $3.25 Silver* $4.68 – $0.04 Platinum* $409.50 – $1.00 Nickel** $4.27 + $0.28 Lead** $0.30 + $0.01 Copper $1.37 + $0.04 Zinc $0.52 + $0.01 Courtesy of Scotiaban…
Liquid Gold underground at Brett
Underground development is proceeding at the Brett gold property near Vernon, B.C. Liquid Gold Resources (VSE) is driving an adit 800 ft. into the side of a mountain in order to intersect the high-gra…
Mongolia Gold establishes Bumbat JV
A Mongolian state-controlled corporation is joining forces with Mongolian Gold Resources (VSE) to form the Bumbat joint venture. Its objective will be to explore for and develop gold projects. Mongoli…