1997



Regal tests target near Kidd Creek

The prospect of discovering another copper-zinc deposit comparable to Kidd Creek continues to lure junior companies to Ontario’s Timmins camp.One such company, Regal Goldfields (REGL-C), recently laun…


Ventures prepares for Alaskan drilling

Ventures Resource (VRS-V) is evaluating gold occurrences on its Seventy-mile gold property in eastern Alaska.Contractor Watts, Griffis & McOuat has identified 12 gold prospects along the 30-mile Tinti…




Higher gold yield offsets slip in copper and nickel

Canadian production rates of gold, refined lead, refined zinc, salt and potash increased in November 1996 over levels recorded a year earlier.However, output of silver, copper, nickel, primary lead, p…


GOLD FUNDS (February 10, 1997)

Gold Funds as of January 30, 1997BGRCentralTNet Value$21.80$5.89Price$17.85$5.450Discount18.14%7.5%Value$162,026,000$98,641,185…


THE DIAMOND PAGE — Spider nets James Bay diamonds

Juniors Spider Resources (SPQ-A) and KWG Resources (KWG-T) have found more diamonds in the Kyle Lake diatreme in the James Bay Lowlands, 200 km north of Timmins, Ont.The results, called “quite encoura…


Santa Fe gets nod for Twin Creeks

The U.S. Bureau of Land Management has approved plans to expand the Twin Creek gold mine in northern Nevada.The decision allows owner Santa Fe Pacific Gold (GLD-N) to expand the pit and thereby gain g…


Banro hunts for gold in Zaire

Toronto-based Banro Resource (BANR-C) is exploring its Namoya gold property in the Maniema province of eastern Zaire.CME Consulting is managing the program, which consists of an airborne geophysical s…


High River adds to African holdings

Toronto-based High River Gold Mines ((HRG-T) has acquired an option to earn 100% of a 500-sq.-km concession adjacent to its Taparko gold project in Burkina Faso.A second-phase, US$2-million exploratio…


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