No Headline (March 11, 1996)
Adrian Resources (TSE) estimates that the Petaquilla project in Panama could produce substantial amounts of copper and gold for at least 38 years.Assuming a daily throughput of 12,000 tonnes, the open…
Articles by Northern Miner Staff
Golden Queen ups reserves at Soledad
Drilling at the Soledad Mountain project near Mojave, Calif., has boosted proven and probable reserves to 27.8 million tons grading 0.025 oz. gold and 0.42 oz. silver per ton.Golden Queen Mining (TSE)…
Globex and Royalstar terminate proposed Tonkin Springs deal
Based on results of a preliminary review, Globex Mining Enterprises (ME) has decided not to pursue plans to acquire Royalstar Resources’ (TSE) controlling interest in Gold Capital (NASDAQ).Gold Capita…
Westmin, Atna size up Wolverine deposit
The Wolverine deposit in the southeastern Yukon is estimated to contain 3 million tonnes grading 12.99% zinc, 1.27% copper and 1.43% lead, as well as 1.87 grams gold and 350.2 grams silver per tonne.P…
ASE seeks to clarify Naxos assays
The Alberta Stock Exchange has requested further clarification of the assaying techniques employed by Naxos Resources (ASE) at its Franklin Lake property in California.The regulatory concerns are rela…
THE DIAMOND PAGE — Guardian receives positive results from DK
Caustic fusion analysis on a portion of drill core from the DK pipe in southwestern Wyoming has yielded one macrodiamond and one micro from 91.2 kg of kimberlitic diatreme.Guardian Enterprises (VSE) r…
Metal Prices (March 11, 1996)
FREE MARKETLondon Metal ExchangeSpot closing prices in $US per tonneDateMarch 4 March 3 March 1Feb 29 Feb 28Copper2587-2590 2597-2600 2569-2572 2531-2532 2521-2523Lead757-758 772.5-773.5 767….
Chislett, Verbiski named PDAC’s top prospectors
In a year that saw Voisey’s Bay turn the eyes of the world’s mining industry toward Canada, it comes as little surprise that the men responsible for its discovery are being formally recognized by thei…
Meetings (March 11, 1996)
March 18, Madrona — annual, general, specialMarch 19, Citadel Gold — annualMarch 19, Credo Mining — annual, general, specialMarch 19, Eaglecrest — annual, generalMarch 19, New North — specialMarc…
Noranda concludes Yamana earn-in
Noranda Mining & Exploration (a unit of Toronto-listed Noranda) has notified Yamana Resources (TSE) that it has elected to terminate the earn-in agreement on the Tierra del Fuego massive sulphide proj…
JAG eyes Mint tailings
An agreement with a numbered Ontario company will give JAG Mines (ME) a half interest in a project to reprocess refinery tailings from the Royal Canadian Mint in Ottawa.Mint waste discharged into Nepe…
Diamond valuation is in for Namco
Diamonds recovered from the Luderitz Bay project of Namco (VSE) have been valued by a leading international firm of diamond assessors.A total of 1,296 stones, approximately half of the total recovered…