Alta Gold announces lower year-end reserves
The gold reserves of NASDAQ-listed Alta Gold dropped to 778,000 oz. in 1995 from nearly 1 million oz. the year before. Nevertheless, President Robert Pratt says “the [current] reserves establish a fou…
Articles by Northern Miner Staff
Meetings (April 15, 1996)
April 15, All-North — annual, generalApril 15, Bonanza Red Lake — annual, specialApril 15, Campbell — annualApril 15, Eldon — annual, generalApril 15, Morgain — annual, general, specialApril 15, …
Sutton board thrashes it out over African assets
Engaged in a public battle for control of Sutton Resources (VSE), management has completed a special warrants financing, to the tune of $22 million.Proceeds will be used to develop the Bulyanhulu gold…
Wayside boosts stake in Cariboo
A purchase agreement will give International Wayside Gold Mines (VSE) a 100% interest in the Cariboo Gold Quartz Mine property near Wells, B.C.The company already owns half of the property and will bu…
Golden Quail firms up its gold project in San Bernardino Cty.
Junior Golden Quail Resources (VSE) has completed infill drilling on its 50%-owned gold property in San Bernardino Cty., Calif., and more drilling is planned.The recent program consisted of 11 reverse…
Misty extends work at Harmony
Drilling on the Harmony project on British Columbia’s Queen Charlotte Islands continues to return gold values for Misty Mountain Gold (TSE), and more work is planned.The junior is drilling off the Spe…
Inco’s empire set to expand Falconbridge retreats in battle for Voisey’s Bay
While it lost the prize of Voisey’s Bay to Inco (TSE), Falconbridge (TSE) does not walk away empty-handed, and may yet have its own chunk of Voisey’s Bay nickel.Nevertheless, Falco President Frank Pic…
Echo Bay Mines to acquire half of Santa Elina
In the latest attempt by a major to expand its operations, Echo Bay Mines (TSE) will buy a half interest in Brazilian-oriented Santa Elina Gold (TSE).The New York City-based company is held 66% by Ser…
Band-Ore cuts more gold at Thornloe Township
Still drilling along the strike of its gold discovery in Thornloe Twp., west of Timmins, Ont., Band-Ore Resources (CDN) has intersected gold mineralization in four more drill holes.Two holes — TH96-1…
NEW HORIZONS — Canmet pursuing greater mine safety
A co-operative project involving the Canada Centre for Mineral and Energy Technology (Canmet), the province of Ontario and the township of Red Lake offers considerable promise for maintaining the safe…
THE DIAMOND PAGE — More drilling possible at Arkansas park
Junior Texas Star Resources (VSE) should soon have federal approval to proceed with a diamond exploration project in the Crater of Diamonds State Park in Arkansas.Pending the approval, Texas Star and …
Pathfinder plans work Down Under
Junior Pathfinder Resources (VSE) can acquire the Tungaberry copper project in Australia from Quadrant Resources.Situated in north-central Queensland, the property comprises 2,000 sq. km.Geophysical w…