Vancouver Stock Exchange Nor-Con leads the pack in volume

Nor-Con Exploration was the volume leader over the report period with a turnover of 1,502,200 shares for a 4 cents gain to 11 cents . The company has a wollastonite property in California, and interests in a gold prospect in that same state.

Galveston Resources, the Pezim company which has been much in the news of late in the wake of Mr Pezim’s threatened assault on International Corona Resources, lost $2.25 to close at $19.75 a share, after hitting a high in the period of $22.25.

Another volume leader was Kelley-Kerr Energy Corp., which turned over 1,389,100 shares for a gain of 75 cents to $1.63. Kelley-Kerr has an agreement with Noranda Exploration, under which Noranda can earn a 60% undivided interest in Kelley- Kerr’s mineral claims in the Wabikoba Lake area of northwestern Ontario.

Golden Knight Resources gained 50 cents to $16.50 in the report period. The company, along with joint venture partner Inco Ltd., (60%, and operator) will undertake a major underground exploration program, (see story Page 1), on its Golden Pond West gold zone in the Casa Berardi area of Quebec, costing about $24 million and expected to last 2 1/2 years. Meanwhile, The Northern M iner gathers that a production decision is imminent on the Golden Pond East zone.

Newly-listed Locator Resources, which was underwritten at 50 cents a share and is now in the 90 cents range, has negotiated a straight farm-in for a 50% participating interest with Duration Mines on exploration/ development work on a gold property in the Geraldton-Longlac gold camp of northwestern Ontario.

New Beginnings Resources lost 2 cents to 94 cents . The company holds a 50% net profits royalty on the Nevada Goldfields Kingston (formerly Sumich) gold mine near Austin, Nev., which is expected to get into production by the end of this month.