Spider Resources finds diamonds in N. Ontario
The discovery of six diamonds in exposed bedrock has prompted Spider Resources (SPG-A) to secure the ground covering the occurrence near the town of Wawa, in northern Ontario.The discovery was made by…
1996
Pathfinder tests Australian property
Up to five holes are being drilled by Pathfinder Resources (PHR-V) at the Tungaberry property in northern Queensland, Australia.The Vancouver-based company is investigating the potential for a large-t…
GREATEST VALUE TRADED, July 3-9
ExchgValue($000s)HighLowCloseChangePlacer DomeT12…
Gold Funds (July 15, 1996)
Gold Funds as of July 4, 1996BGRCentralNet Value$23.46$6.40Price$18.70$6.
STOCK MARKETS — Metals, TSE enjoy a steady week
The Toronto Stock Exchange managed a late recovery to close fractionally higher over the report period ended July 9, with the TSE 300 composite index posting a gain of 2.75 points (0.05%) on the week….
Geomaque boosts production at San Francisco mine
The San Francisco gold mine in Mexico’s Sonora state has seen increased gold production and further positive exploration results in recent months.Owner Geomaque Explorations (GEO-T) poured its first g…
Goldfields reserves to be re-audited
Convinced that its Goldfields project deserves another turn at the plate, Greater Lenora Resources (GEN-T) has retained Behre Dolbear to re-assess drill data for the Box and Athona gold deposits on th…
Agnico ups stake in Sudbury
Following completion of a private placement of flow-through shares, Agnico-Eagle Mines’ (AGE-T) direct stake in Sudbury Contact Mines (SUD-T) will increase to 38.9% from 30.5%.The placement of 1.3 mil…
Kilo cancels release of its assay results
Management of Kilo Gold Mines (KGD-A) has abandoned plans to release assay results on concentrates from its Johnson Valley gold project in California.The company says the owner of the recovery system …
Pacific Bay begins Yukon program
Field crews have begun follow-up work on geophysical features identified by an airborne survey over the holdings of Pacific Bay Minerals (PBM-V) in the Finlayson-Wolverine Lake-area in south-central Y…
Young-Shannon funds program
Armed with funds from a private placement, Young-Shannon Gold Mines (YSG-V) intends to carry out surface and underground development work at its claim block in Chester Twp., near Timmins, Ont.Diamond …
Platinova makes zinc discovery in Greenland
Drilling by Platinova A/S (PAS-T) on its Peary Land project in northeastern Greenland has resulted in the discovery of a new zone of zinc mineralization.The structure lies between a group of surface s…