TORONTO STOCK EXCHANGE INDICES (December 02, 1996)
1996Nov 26Nov 25Nov 22Nov 21Nov 20HighLowComposit…
1996
Ashanti launches program at Tera gold property
Surface exploration by Ashanti Goldfields (AHD.U-T) has begun on the Tera gold property in Niger, West Africa.The 1,500-sq.-km property, which hosts a 20-km section of the Terra shear system, is curre…
EXPLORATION ROUNDUP — Small but vital projects under way at Matheson camp
Less exposed, and therefore less prospected, than its big brothers to the west and south, the Matheson area of northeastern Ontario has, in recent years, proved to be a durable, small-project camp.As …
Virginia set to drill La Grande Sud
Drilling by Virginia Gold Mines (VIA-M) is about to test a new gold target at La Grand Sud in the James Bay region of Quebec.Recent surface work identified a shear zone associated with a major contact…
EXPLORATION ROUNDUP — SLOVAKIA in a nutshell
Total area: 48,845 sq. km (about twice the size of New Hampshire) Terrain: rugged mountains in the central and northern part, and lowlands in the southClimate: temperate; cool summers; cold, cloudy, h…
EXPLORATION ROUNDUP — Cabo uncovers more Cuban gold
Ongoing chip sampling and geological mapping by Cabo Exploration Ventures (CVE-V) have revealed another gold zone at the San Juan prospect in Cuba.The prospect, several hundres metres southwest of the…
Princess advances projects in Tanzania and China
With a drill program under way in Tanzania, Princess Resources (PRL-V) is awaiting government approval for several new projects in China.The company recently signed two letters-of-intent in China’s Hu…
Ottawa revises Canadian mining policy
In an effort to make Canada a more attractive place in which to explore and mine, the federal government has rewritten its minerals and mining policy.”Essentially, the old policy was international in …
EXPLORATION ROUNDUP — Meekatharra postpones Canadian offering
Australian-based Meekatharra Minerals has postponed a private placement that would have raised several million dollars for exploration and development in Indonesia and paved the way for a Canadian sto…
LETTER TO THE EDITOR — Coverage of Quebec projects decried as lacking
Your newspaper continues to have poor coverage of exploration and mining activities in Quebec.I have subscribed to The Northern Miner since the early 1980s, and I was not astonished to read the commen…
EXPLORATION ROUNDUP — Santa Cruz trenches Magistral
A trenching program by Santa Cruz Gold (SCG-T) at the Magistral project in Sinaloa state, Mexico, has identified three gold zones there.Sampling of the Dos Amigo zone returned 4 metres grading 1 gram …
EXPLORATION ROUNDUP — Model Office report in hand
Ontario’s resident geologists program should remain intact, but recording of claims should be centralized in Sudbury, according to a report released by the province’s Ministry of Northern Development …