PEOPLE — WINDARRA
T. Magee appointed president.
1996
Auspex steps up work in Portugal
Auspex Minerals (APJ-V) has begun drill-testing the Sao Martinho portion of its Portalegre gold property in east-central Portugal.The initial target of the 70-metre program is the trenched zone that r…
Ashanti signs Shamrock deal
Shareholders of Australian-based Golden Shamrock Mines (GSX-T) have approved its acquisition by Ghana-based Ashanti Goldfields (ASL-N).Approval from the Supreme Court of Victoria in Australia was expe…
MOST ACTIVE ISSUES (October 21, 1996)
ExchgVol(000s)CloseBRE-X MnrlsT1407122.95Black Swan GdT…
TSE INDICES (October 21, 1996)
1996Oct 15Oct 14Oct 11Oct 10Oct 9HighLowComposite…
Junior companies join up in Cuba
Juniors MacDonald Mines Exploration (MMP.A-A) and Golden Hill Mining (GHMC-C) are merging their respective interests in the Golden Hill epithermal gold property in east-central Cuba.In return for Gold…
Values keep Black Swan hopeful
Drilling by Black Swan Gold Mines (BSW-T) at its Cata Preta gold prospect in Brazil’s Minas Gerais state, continues to return encouraging values.Trending in a northeast-to-southwestly direction over a…
THE DIAMOND PAGE — Ocean Diamond lands new listing on CDN
The shares of South African-based Ocean Diamond Mining (ODM) are now being traded on the Canadian Dealing Network under the symbol OCND.Since its formation in late 1983, the company has mined diamonds…
World Wide to take helm of Tselinny uranium project
Following a 5-month due diligence review, World Wide Minerals (WWS-T) has decided to assume management of the Tselinny uranium operations in north-central Kazakhstan.Under an agreement with Tselinny, …
Misty sizing up Specogna gold deposit
On British Columbia’s Queen Charlotte Islands, Misty Mountain Gold (MGL-T) is drilling off its Specogna epithermal gold deposit in an attempt to amass sufficient data to calculate minable reserves.Dis…
Eastmain drilling at Clearwater
Eastmain Resources (ESTR-C) and the Quebec Crown corporation Soquem have resumed drilling at the Clearwater project in the Eastmain River greenstone belt in northwestern Quebec.The drilling is intende…
More juniors crowd Lac Volant
A large number of junior companies, most of them Quebec-based, have tied up ground in the Lac Volant area, which was recently reopened by the Quebec government for staking.The area was withdrawn from …