Targets defined at Mackay Lake
Ground geophysical surveys are being conducted over two prominent circular anomalies on the Mackay Lake property, south of the Lac de Gras area in the Northwest Territories.A 75% interest in the prope…
2001
Northern Miner Indices (June 04, 2001)
NORTH AMERICAN MINING INDEXCompanyTickerWeight (%)Barrick GoldABX-T19.3ComincoCLT-T5.1FalconbridgeFL-T6.7Franco-Nevada MiningFN-T6.3Freeport McMoRan Cop’r BFCX-N6.7Homestake MiningHM-N4….
PEOPLE (June 04, 2001)
Hecla — Phillips Baker appointed VP and CFO.Kensington — William Zimmerman appointed director.Lionore — Donald Bailey appointed chairman, Gilbert Playford appointed vice-chairman and C…
Survey could lead to exploration
The results of a gravity geophysical survey conducted earlier this year in the Timmins district of northern Ontario could lead to new exploration.The survey was a joint venture of the Ontario Geologic…
Hawkeye outlines targets
Seven drill targets have been defined at the Yankee diamond exploration property in Nunavut following the completion, last year, of helicopter-borne magnetic surveys. The 364-sq.-km property is on Vic…
Etruscan Resources picks up new African properties
West African explorer Etruscan Resources (EET-T) is expanding its presence in that region by acquiring properties in Mali and Ivory Coast.The Malian acquisition is the Djelimangara exploration permit …
Metal Prices (June 04, 2001)
BASE METALS (London Metal Exchange — Midday official cash/3-month prices, US$ per tonne)DateMay 29May 28May 25May 24May 23Aluminium1498/1516.50…
Exchange Rates (June 04, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateMay 29May 28May 25May 24May 23US$ in C$1.53731.54531.54521.5473…
Mini-bulk sample completed at K252
Encouraged by mini-bulk sample results from kimberlite K252 in north-central Alberta, Ashton Mining of Canada (ACA-T) intends to undertake a preliminary economic analysis before proceeding with the co…
El Zapote drilling set to start in June
Vancouver — Partners Intrepid Minerals (iau-v) and Apex Silver Mines (sil-x) are gearing up for a 2,000-metre drill program targeting the Aldea El Zapote silver-zinc-lead property in El Salvador.”The…
Gold rally fizzles (sigh)
Gold bugs had little time to celebrate during the May 23-29 report period, as the mid-May gold rally quickly fizzled after a few exhilarating days. Coming off an earlier peak exceeding US$290 per oz.,…
MOST ACTIVE ISSUES, MAY 23-29
ExchgVol(000s)HighLowCloseChangeDenison MinesT155400.240.190.20-0.02…