Masuparia cuts high grade at Greywacke
Vancouver — Junior Masuparia Gold (MPG-V) continues to intersect high-grade gold at its Greywacke project, 90 km northeast of La Ronge, Sask. The company is testing the continuity between gold interc…
2001
Mustang, Implats forge ahead at River Valley
Trenching at the River Valley project in northern Ontario has uncovered more rich platinum-palladium grades for partners Mustang Minerals (YMU-V) and Impala Platinum.Each of two trenches, spaced 950 m…
Negotiations on Voisey’s Bay extended
Talks between Inco (N-T) and the Newfoundland government have been extended until year-end to give the parties more time to hammer out a development deal for the Voisey’s Bay nickel project in Labrado…
Canadian Stock Exchange Indices (October 22, 2001)
DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10HighLowTSE 30070…
Aripuana stepout confirms sulphides
Drilling by Anglo American (AAUK-Q) on an electromagnetic (EM) anomaly at the Aripuana property in Brazil’s Mato Grosso state has confirmed massive sulphides 500 metres along strike from the previous …
First Quantum cuts copper grades at Nkana
Infill drilling by partners First Quantum Minerals (FM-T) and Swiss-based Glencore International is attempting to replenish reserves at the Nkana copper-cobalt operation in Zambia’s copper belt.Nkana …
PNWC buoyed by resource estimate at River Valley
Vancouver — Pacific North West Capital (PFN-T) is encouraged by an independent resource estimate for its River Valley platinum group metal property, near Sudbury, Ont.The combined in situ resource of…
Sultan tables bonanza gold grades
Vancouver — The eighth hole drilled by Sultan Minerals (SUL-V) at the Gold Mountain porphyry zone, part of the Kena property, near Nelson, B.C., has returned a 2-metre section running an impressive 1…
Producer and Dealer Prices (October 22, 2001)
Antimony: Mid-mkt US$1,400/t.Bismuth: Mid-mkt US$3.60/lb.Cadmium: Mid-mkt US$0.27/lb.Chromium: Mid-mkt ores US$65.00/t.Cobalt: Recent trades US$7.75-9.00/lb.Copper: Comex Dec. US$0.644/lb.
Exchange Rates (October 22, 2001)
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)DateOct. 16Oct. 15Oct. 12Oct. 11Oct. 10US$ in C$1.56191.55791.56…
Estimation Guidelines committee off and running
An Estimation Guidelines committee led by the Canadian Instiute of Mining, Metallurgy and Petroleum (CIM) and created as a result of recommendations of the Mining Standards Task Force is busy preparin…
NAME CHANGES (October 22, 2001)
Spokane Resources (SKN-V) has changed its name to SKN Resources (SRL-V) on a 1-new-for-10-old share basis.Lucero Resource (LCR-V) has changed its name to Squared Developments…