Meetings (February 26, 1996)
MEETINGSMarch 5, Braiden March 5, Canadian Reserve Gold March 6, Rhino March 7, Chargold March 7, Latin American Gold March 8, Copper Dome March 8, Jilbey March 8, Kookaburra March 8, Golden Hill Marc…
1996
Band-Ore pulls gold at Thorne (February 26, 1996)
The latest drill hole at Band-Ore Resources’ (CDN) Thorne property, 10 km west of Timmins, Ont., has encountered strong gold mineralization.Hole No. 12 was drilled south of the known mineralization of…
Queenstake plans programs in Peru
Mapping and sampling will be carried out at the Peruvian properties of Queenstake Resources (TSE).The work is intended to define drill targets at the Chupaca and Olleros properties in an effort to def…
PEOPLE — SUNSTATE
John Arlitt appointed director.
PEOPLE — SULLIDEN
Jacques Trottier appointed president; Guy Hebert and Jean Rainville ap- pointed directors.
PEOPLE — RILEY RES. (February 26, 1996)
Carl Huston appointed director.
PEOPLE — PATHFINDER
Richard Atkinson, James Morton and Siegfried Muessig appointed directors.
Battle Mountain reports record gold output
A strong fourth quarter and record gold production led Battle Mountain Gold (NYSE) to post net income for 1995.After quarterly dividends, Battle Mountain earned US$512,000 (or 1 cents per share) durin…
Resource at Busang climbs to 15 million oz.
Bre-X Minerals (ASE) has released the much-anticipated resource calculation for a portion of the Southeast zone at the Busang gold project in East Kalimantan, Indonesia.Based on a cutoff grade of 0.75…
Yamana gains ground in Chile’s El Indio belt
Yamana Resources (TSE) has signed option agreements covering 13,200 hectares in the Chilean mineral belt known as El Indio.The company can acquire four gold exploration properties for US$235,000, paya…
Spot prices at a glance (February 19, 1996)
Wednesday, February 14, 1996Week’s Price (US)ChangeGold*$403.90-$10.85Silver*$ 5.69-$0.13Platinum*$421.50-$9.50Nickel**$ 3.68-$0.12Lead**$ 0.34-$0.01Copper $ 1.14-$0.03Zinca$ …
Eldorado breaks ground for second gold mine in Mexico
Construction is under way at the Trinidad gold project in Mexico’s Sinaloa state.The mine, a 51-49 joint venture between Eldorado (TSE) and Almaden Resources (VSE), is expected to produce 30,000 oz. g…