Taurus snaps up Cassiar area project
Junior International Taurus Resources (ITU-V) will earn a 70% interest in a block of claims near Cassiar, B.C.The company will act as project operator and, initially, earn up to a 50% interest by spen…
1996
Laguna Gold on TSE
Junior Laguna Gold has begun trading its shares on the Toronto Stock Exchange under the symbol LGC.The company owns the Rio Chiquito gold-silver property in north-central Costa Rica. Consisting of 19 …
Curator proves up project in Baja
Junior International Curator Resources (IC-T) reports satisfactory results from bulk-sampling of its copper-cobalt deposit in Baja California Sur, Mexico.The results demonstrate that average recoverie…
MOST ACTIVE ISSUES, September 18-24
ExchngVol(000s)CloseLa Rock MngV74610.54Goldstake ExpT…
Spot prices at a glance (September 30, 1996)
Wednesday, September 25, 1996Price (US)Week’s ChangeGold*$383.25+$0.35Silver*$ 4.9…
Consolidated Nevada finds more Alaskan gold
Exploration in the vicinity of the Nixon Fork gold mine, near McGrath, Alaska, has uncovered a low-grade gold occurrence.Consolidated Nevada Goldfields (KNV-T) reports that drilling has confirmed the …
COMMENTARY — Consulting with aboriginal communities
Aboriginal lands encompass some of the most actively explored mineral areas in Canada, though relations between the mining industry and aboriginal communities have, in the past, ranged from poor to no…
Royal Oak to dig super pit at Pamour operation
More mill feed and an expanded Pamour mill are in the cards for Royal Oak Mines (RYO-T).The company now estimates that its Ontario division has a 120-million-tonne mineral resource grading 1.9 grams g…
Int’l Tournigan hits solid gold grades in Ghana
A 22-hole drill program at the Riyadh concession in southwestern Ghana has confirmed gold mineralization in a vein structure 2.6 km long.International Tournigan (ITG-V) is spending $2.5 million to exp…
ODDS’N’SODS — Close calls in Colombia
Thirty years ago, it was not uncommon for geologists and miners to engage in job-hopping. A new employer, however, was no guarantee of improvement.From 1964 to 1969, I was in charge of a U.S Geologica…
Quebec juniors ready for removal of North Shore staking ban
With the staking ban expected to be lifted soon, a host mining companies is poised to converge on the area near Lac Manitou on Quebec’s North Shore.In August, while carrying out a mapping program in t…
NEWS IN BRIEF (September 30, 1996)
Rockwealth International Resource (RWR-V) has changed its name to Strathmore Resources (SMR-V).