Drilling tests Ursa zone
Exploration drilling at the Golden Bear property in northwestern British Columbia continues to return encouraging results for owner North American Metals (VSE). Hole 266 on the Ursa zone returned a 95…
News
METAL PRICES — FREE MARKET (November 07, 1994)
London Metal Exchange Spot closing prices in $US per tonne Date Nov. 1 Oct. 31 Oct. 28 Oct. 27 Oct. 26 Copper 2712-2713 2664-2665 2668-2669 2661.5-2666.5 2621-2622 Lead 661.5-662.5 653-654 655-656 658…
Lysander tests Lorraine deposit
Vancouver-listed Lysander Gold is encouraged by drill results it has received from the Lorraine property near Germansen Landing, one of the earliest copper discoveries in British Columbia. Lysander op…
LETTER TO THE EDITOR — High-grade intercepts at Akie deposit
In your story “Metall expanding Akie discovery” (T.N.M., Oct. 24/94), about drilling by Metall Mining at the zinc-lead massive sulphide deposit of Ecstall Mining in northeastern British Columbia, only…
New `mine games’ exhibition opens
British Columbia’s Science World surpassed its fund-raising goal of $1.5 million for its new “mine games” exhibition, which opened to the public Oct. 22 in Vancouver. The provincial and federal govern…
Chase drilling T’Boli prospect
A first phase of drilling is under way at the T’Boli gold prospect on the Philippine island of Mindanao. Chase Resource (TSE) has a 40% interest in the company that owns the project, and holds an opti…
NEWS ROUNDUP — Canarc adds to Guyana holdings
By acquiring the 2,800-hectare Baramita gold property, Canarc Resource (VSE) can increase substantially its holdings in the Guyana Shield. To do so, it must spend $700,000 exploring the property, situ…
NEWS ROUNDUP — Birim acquires private Exroy
CDN-listed Birim Goldfields has taken over Exroy Resources, a private company. The shareholders of Birim exchanged all their securities in the company for treasury common shares and warrants of Exroy….
Tanzania offers opportunities
After almost a quarter century of socialist rule, Tanzania has adopted new policies aimed at attracting foreign investment. An important contribution is anticipated from the restoration of the mineral…
EDITORIAL PAGE — Pulling up stakes
In Vancouver, one of Canada’s most entrepreneurial companies, Royal Oak Mines, is pulling up stakes and preparing to move its corporate offices across the border to Washington state. British Columbia’…
INSIDER TRADING — Senior Golden Star officers granted
Six senior officers of Golden Star Resources (TSE) were granted options in September. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Carlos Bertoni was granted 25,000 op…
Fidelity buys stock
Fidelity Management and Research, on behalf of several investment companies and institutional clients, has bought Agnico-Eagle (TSE) common stock. As a result, the Fidelity group now holds 12.3% of Ag…