Canquest to drill its Microgold property
Junior Canquest Resource (VSE) is gearing up to explore prospective ground in British Columbia. In addition to acquiring three precious metals and polymetallic properties, the company has an option to…
1996
Ontario geologists seek to expand registration drive
More than 250 Ontario geologists have applied for membership in the Association of Geoscientists of Ontario (AGO), formed earlier this year to provide a framework for professional registration of geol…
Bre-X calculation expands Busang resource
A resource calculation for part of the Southeast zone at Bre-X Minerals’ (ASE) Busang deposit has added another 9 million oz. to the project’s potential gold resource, which now stands at 24.9 million…
Juniors finding east Timmins camp attractive
Exploration and development programs around Night Hawk Lake, 25 km east of Timmins, Ont., have junior companies flocking to the area.Moneta Porcupine Mines (TSE) has a long-established land position i…
Spot prices at a glance (April 22, 1996)
Wednesday, April 17, 1996Week’s Price (US)ChangeGold*$391.40-$3.15Silver*$ 5.31-$0.15Platinum*$401.75-$4.25Nickel**$ 3.69+$0.09Lead**$ 0.37-0.01Copper $ 1.17+$0.04Zinca$ 0.47…
Cata Preta drilling fuels trading in Black Swan Gold
The latest drill results from the Cata Preta property in Brazil’s Minas Gerais state have generated a flurry of trading activity in Black Swan Gold Mines (VSE).The trading interest related to complete…
Ashanti moves to merge with Golden Shamrock Mines
As part of a strategy to become the world’s fifth-largest gold producer, Ashanti Goldfields (NYSE) has proposed another merger — this time with Australia’s Golden Shamrock Mines (TSE).The deal would …
GREATEST VALUE TRADED — Apr. 10-1
Exch Value($000s)HighLowClose ChangeDiamond Flds T464569 $40 1/238 3/840 1/4+1Inco Ltd T290169 $45 1/442 1/445+2 1/8Placer Dome T191706 $41 1/438 3/838 3/8-7/8Barrick Gold …
Falco looks toward busy but Voisey-less future
It is not without regret that Falconbridge (TSE) sails from the nickel-plated coast of Voisey’s Bay, Labrador, yet president Frank Pickard is confident there are higher profits to be made elsewhere.Ad…
Pangea drilling program confirms the continuity of Fenn-Gib mineralization
Diamond drilling has confirmed the continuity of mineralization at Pangea Goldfields’ (TSE) Fenn-Gib gold property in Guibord Twp., east of Matheson, Ont.The program of 11,500 metres of infill and def…
Index (April 22, 1996)
REG DEPTSCareersClassified AdvertisingCommentaryDiamond PageDrillersEditorialsInvestment CommentaryMetal PricesOdds `n’ SodsProfessional DirectoryStock MarketsSubscriber Service.AMOST ACTIVE…
GOLD FUNDS (April 22, 1996)
Gold Funds as of April 11, 1996BGRCentralNet Value$24.07$6.78Price$19.25$7.125Discount20.03%5.1%Value$188,206,000$128,957,513…