Patrician defines targets in Ghana
With only sparse outcrop exposure on its Goaso licence in southwestern Ghana, Patrician Gold Mines (PXX-A) has had to rely on select exploration tools to guide its search for gold mineralization.The c…
Articles by Northern Miner Staff
Drilling under way at Willoughby gold property
The first five holes of underground drilling at the Willoughby gold project near Stewart, B.C., have traced the North zone 230 ft. downdip from surface.Situated in the Red Mountain area, the project i…
GREATEST VALUE TRADED, August 7-August 13
ExchgValue($000s)HighLowCloseChangeArequipa ResT1…
Toronto Stock Exchange Indices (August 19, 1996)
1996Aug 13Aug 12Aug 9Aug 8Aug 7HighLowComposite”3…
Epworth results in hand
Results were released by Rhonda Mining (RDM-A) for two targets drilled earlier this year by a unit of Noranda (NOR-T) at their 50-50 joint-venture Epworth project, 90 miles south of Coppermine, N.W.T….
TSE SHORT POSITIONS (August 19, 1996)
Short positions outstanding at July 31, 1996Larger individual positions included: Barrick Gold 10,127,048; Agnico-Eagle 297,060; Asia Pacific 116,715; Anvil Range 433,900; Atna Resources 114,600; Ande…
Royal Oak finances projects
Gold producer Royal Oak Mines (RYO-T) has completed a debt-financing to raise funds for its portfolio of Canadian development projects.The funds will be used to finance construction of Royal Oak’s fla…
Nord Pacific beefs up its projects in PNG and Australia
Nord Pacific Resources (NORPY-Q) has produced new resource estimates for advanced projects in Papua New Guinea and Australia.At the Tabar Islands gold project, on Simberi Island in PNG, the company ha…
Marmato drilling cuts mineralization
The first three holes drilled by Gran Colombia Resources (GCRI-C) have intersected near-surface, gold mineralization at the company’s concessions in the Marmato district of Colombia, 150 km northwest …
Callinan encouraged by War Baby drilling
Drilling at the War Baby property in Flin Flon, Man., has intersected a 5-metre interval grading 6.13% copper and 0.02 oz. gold plus 0.77 oz. silver per ton between a depth of 1,903 and 1,908 metres.T…
Rainbow seeks pot of nickel
Assays are expected shortly from diamond drilling carried out by Rainbow Petroleum (RBP-A) at the Copper Prince property near Sudbury, Ont.Core from the first five holes has been sent for assay, and t…
LETTER TO THE EDITOR — Ottawa may be setting a dangerous precedent
Contrary to the “On the Level” motto at the top of your editorial page, I think your theodolite took a bit of a tilt when you published the editorial “What a tangled web . . .” (T.N.M., July 1/96). Yo…