CORRESTIONS
Newmont Gold’s partner at the Leeville Corridor is High Desert Mineral Resources of Nevada. Barrick Gold recently purchased the private company, which holds a 40% interest in the property. Vancouver-l…
1996
Corrections (January 15, 1996)
Information on Global Mining Opportunities Symposium, to be held in Toronto on Jan. 25, can be obtained by phoning Keith Spence at (416) 867-6467. An incorrect number was given in our issue of Dec. 25…
Program planned for Prosperity
A loan from a private company associated with Robert Dickinson, president of Taseko Mines (VSE), will provide $1 million in interim financing for the company’s Prosperity gold-copper project in centra…
PEOPLE — BRITANNIA GOLD (January 15, 1996)
Luis Illich appointed vice-president of operations.
PEOPLE — BRADNER RES
Justin Rice appointed senior mining consultant.
MSV Resources announces course issuer bid
Toronto-listed MSV Resources has announced a normal course issuer bid for up to 5% of its outstanding shares.The shares will be bought on the open market over a 1-year period ending Dec. 19, 1996.
Detector funds exploration program
Detector Resources (ASE) has raised $332,300 from two private placements. The first placement, comprising 626,875 shares at 16 cents each, garnered the company $100,300; the second, comprising 1.2 mil…
Nebex expands Albanian interests
Alberta-listed Nebex Resources has optioned another concession in Albania, bringing its total land holdings there to more than 1,000 sq. km.The latest option agreement concerns the 200-sq.-km Radomir …
Toronto Stock
— 1996 –Jan 9Jan 8Jan 5Jan 4Jan 3HighLowComposite”300″4812.454855.364839.744806.754819.514871.873983.34Metals&Minerals4820.544908.354951.134955.774953.515276.123273.56Integrate…
GREATEST VALUES
ExchgValue ($000s) High Low Close ChangeBarrick Gold T356593$39 3/437 3/839 5/8+2 1/2Placer Dome T206900$36 7/834 3/436 7/8+2 1/4Inco Ltd T112619$45 7/843 3/443 3/4-1 3/4Diamon…
Cortex drills copper property in Utah
Utah-based Cortex Mining & Exploration (OTC) has completed reverse-circulation drilling on its Beaver Lake-Rocky copper project near Milford, Utah.The junior drilled 10 holes, consisting of 3,000 ft.,…
Summo hits copper at Champion
Drilling on the Champion property in Taos Cty., N.M., has turned up oxide copper values for Summo Minerals (VSE).Ten holes were drilled on a 150-by-200-ft. pattern, with the first seven holes returnin…