Mispec picks up Kalimantan prospect
A company jointly owned by Mispec Resources (ME) and its Indonesian partner, P.T. Hunamas Putra Interbuana, has acquired a large property in the Busang North area of Kalimantan, Indonesia.The 14,776-h…
Articles by Northern Miner Staff
Fleck, Anvil define Snegamook targets
Partners Fleck Resources (VSE) and Anvil Resources (VSE) will conduct an induced-polarization survey on their Snegamook Claims in Labrador in an attempt to define drill targets.Previous drilling faile…
Lucro gains option on Motherlode
In return for 500,000 of its shares, Lucro Capital (ASE) is acquiring High River Gold’s (TSE) option to earn up to a 51% interest in the former-producing Motherlode copper-gold property, near Greenwoo…
Partners exploring in Labrador
Partners Newfoundland Goldbar Resources (CDN) and Freewest Resources Canada (TSE) have contracted out 3,000 km of airborne geophysical surveying for their 19 properties in Labrador.The work, now under…
Cartaway plans more drilling in Labrador
Drilling on the Peruvian B project, 200 km northwest of Goose Bay, Labrador, has returned disappointing results for partners Cartaway Container (ASE) and Peruvian Gold (VSE).The former drilled four ho…
No Headline (March 04, 1996)
Two private placements are expected to net proceeds of $2.05 million for Continental Caretech (CDN).The funds will be used for general corporate purposes, as well as to fund gold exploration programs …
Royal Oak extends offer for Consolidated Professor Mines
Royal Oak Mines (TSE) has extended its offer to acquire all the common shares of Consolidated Professor Mines (TSE).At presstime, Royal Oak announced it had acquired 16.1 million shares of Consolidate…
Noranda drops its option on Aquiline ground
After drilling five holes on the San Isidro copper property in Mexico’s Michoacan state, Noranda (TSE) has decided to drop its option.The major held the right to earn a 51% interest in the property fr…
Eskay Creek windfall for Prime
The opening in 1995 of the Eskay Creek mine in northwestern British Columbia boosted net earnings of Prime Resources Group (TSE) to $36.5 million, up from $7.1 million in 1994.Cash flow for the period…
TVI’s Canatuan project approved for production
Production is scheduled for 1997 at the Canatuan massive sulphide deposit, on Mindanao Island in the Philippines, following completion of a final feasibility study for TVI Pacific (TSE).The study reco…
Caledonia finds Zambian cobalt
Geochemical prospecting has led Caledonia Mining (TSE) to a cobalt showing at its Nama property in the copper belt of northern Zambia.Soil geochemical surveys, completed over half of the 180-sq.-km ex…
U.S. Energy sells stake in compass-maker
NASDAQ-listed U.S. Energy has sold its ownership of the manufacturer of Brunton compasses.Produced in Riverton, Wyo., the compasses are commonly used by geologists in the field.U.S. Energy, which has …