1996

STOCK MARKETS — Resource stocks slip-sliding away

The Vancouver Stock Exchange composite index continued its slide during the week of Oct. 16-22, falling 46.14 points to close at 1,109.97. The resource index lost 88.75 points to finish at 2,146.Borne…


Rex sets up exploration arm

A newly established exploration arm of Rex Diamond Mining (RXD-T) will send a team to Sierra Leone to investigate the company’s kimberlite and alluvial prospects.Rex Exploration Division, supported by…



Programs planned for McWatters and Maude Lake

With a development program under way at its namesake mine near Rouyn-Noranda, Que., McWatters Mining (MCW.A-M) also plans to spend $3 million to bring the Maude Lake gold project near Matheson, Ont., …


Queenstake awaits results from Chupaca property

At the Chupaca project in the Ancash region of central Peru, Queenstake Resources (QTR-V) has completed the final three diamond drill holes of a 6-hole program.The project is on a structural trend, 2….


CaribGold outlines resource in Cuba

Drilling on the Camaguey concession in Cuba indicates to CaribGold Resources (CG-T) that its Beatriz prospect contains a geological resource of 1.1 million tonnes grading 4.73 grams gold per tonne.The…





B.C. government vows to appease mining industry

The government of British Columbia will introduce a new series of measures and regulatory changes designed to appease the mining industry.At a Vancouver luncheon, sponsored by the province’s Mining As…




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