PEOPLE — BMR GOLD (August 05, 1996)
David Gaard appointed president and chief operating officer.
1996
Virginia finds gold in James Bay
Results of grab samples from Virginia Gold Mines’ (VIR-M) La Grande Sud project in the James Bay area of northern Quebec confirm the presence of several gold-bearing structures.Samples returned grades…
PEOPLE — GOLDEN BEAR
Roderick Davies appointed vice-president of exploration; Gil Arzmon and R.Angus elected to the Board.
Western advances Rankin Inlet play
Midway through its summer drill program, WMC International, a wholly owned subsidiary of Australia’s Western Mining, has extended the zone of mineralization on the Meliadine West gold property in the …
STOCK MARKETS — Toronto market suffers exhaustion at finish line
The Toronto Stock Exchange was fractionally lower in light trading during the report period ended July 30. Daily volumes were all in the 60-million-share range and the index traded in a narrow 53-poin…
Processing completed at Afridi Lake
Cypango Ventures (CAV-V) and Intertech Minerals (IML-V) are encouraged by results of caustic fusion analysis performed on 711.9 kg of sampled kimberlite from the Afridi Lake property in the Northwest …
GREATEST VALUE TRADED, July 24-30
ExchgValue($000s)HighLowCloseChangeDiamond FldsT1…
ODDS’N’SODS — Ahab of the bush
In 1954, I was working for Inspiration Drilling, and we were carrying out work, for Spanish American Mines, in the Elliot Lake area of Ontario.In those days, we hauled all our garbage to a make-shift …
Western Copper and Thermal merge
The boards of Western Copper Holdings (WTC-T) and Thermal Exploration (THR-A) have approved a merger proposal.The arrangement is expected to expedite financing of the Carmacks copper project in the Yu…
PEOPLE — BATTLE MOUNTAIN GOLD
Karl Elers appointed chairman; Ian Bayer appointed president and director; R. O’Connell appointed executive vice-president of finance and corporate development and chief financial officer; Ian Atkinso…
Tan Range returns promising grades
Drilling at the Kabahelele project in Tanzania has returned respectable gold values for Tan Range Exploration (TNX-A).Hole IDD-1, collared along an east-west-trending structure, returned 3.2 grams gol…
Drilling firms up Fyre Lake play
At the Fyre Lake property in the Finlayson Lake district of southeastern Yukon, Columbia Gold Mines (COB-V) has completed 23 holes in a planned 10,000-metre program.The holes range in depth from 30 to…