Pattison funds next round at Cartaway
A private company controlled by business entrepreneur James (Jimmy) Pattison has agreed to acquire a 40% participating interest in Cartaway Resources’ (CWA-A) mineral properties in the Okak area of La…
1996
GREATEST VALUE TRADED, July 31-August 6
ExchgValue($000s)HighLowCloseChangeDiamond FldsT1…
Spot prices at a glance (August 12, 1996)
Wednesday, August 7, 1996Price (US)Week’s ChangeGold*$388.25+ $2.75Silver*$ 5.05…
Pentland Firth scores at Marlhill
At its Marlhill gold project near Timmins, Ont., Pentland Firth Ventures (PFO-T) has intersected gold mineralization over significant widthsThe company drilled several wide, high-grade intersections i…
PRODUCER PRICES (August 12, 1996)
ALUMINIUM: LME settlements US$1,466.50 per tonne (Aug. 6, 1996), alloy US$1,265 per tonne (Aug. 1, 1996).ANTIMONY: Composite free market, US$2,775 per tonne (Aug. 5, 1996).BISMUTH: Composite free mark…
Teuton, Minvita cut gold at Clone
Partners Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) report encouraging results from drilling at their jointly held Clone gold property near Stewart, B.C.The partners have completed 3,880…
METAL PRICES — FREE MARKET (August 12, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateAug. 6Aug. 5Aug. 2Aug. 1July 31…
Santa Catalina intersects gold at Pilar
In Mexico’s Sonora state, Santa Catalina Mining (SLM-V) has completed a program of reverse-circulation drilling at the 5,930-acre Pilar gold property.The 3,000-metre program was directed at an area wh…
Eldorado reports gold find
Eldorado (ELD-T) has discovered a new gold zone at the Sao Bento mine in Brazil’s Minas Gerais state.The Pinta Bem discovery hole returned 0.52 oz. per ton over 8 ft. and 0.47 oz. over 4 ft. Additiona…
B.C. gov’t approves prospectors’ grants
In British Columbia, 68 prospectors have qualified for grants under the province’s Prospectors’ Assistance Program.With a budget of $500,000, the program provides recipients with up to $10,000 per yea…
Prime extends zones at Eskay Creek property
Prime Resources Group (PRU-T) has completed 17 surface drill holes at the Eskay Creek mine property near Stewart, B.C., testing the boundaries of the Northeast Extension (NEX) and Hanging Wall (HW) zo…
Mining, mineral show planned for Winnipeg
Manitoba Energy and Mines will host the Manitoba Mining and Minerals Convention from Nov. 14 to 16 in Winnipeg.The event, to be held at the city’s Convention Centre, will include a properties showcase…