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 …
Articles by Northern Miner Staff
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 …
THE EDITORIAL PAGE — The Obest small town’ in America
Elko, Nev., is known for its western heritage and attracts visitors from around the world to such events as its annual Cowboy Poetry readings.But the small community has another important claim to fam…
THE EDITORIAL PAGE Where opportunities begin
The Vancouver Stock Exchange is right on the money when it claims to have played a role in some of Canada’s most important mineral discoveries. The Hemlo gold deposits of Ontario, the rich Eskay Creek…
Miramar Mining is sizing up Talapoosa gold-silver project
A feasibility study on a proposed open-pit, heap-leach gold-silver mine at the Talapoosa property in Lyon Cty., Nev., is expected to be completed in the second quarter.Project-owner Miramar Mining (TS…
Kookaburra Resources to gain Rosa Maria gold prospect in Peru
By paying US$770,000 over three years, Kookaburra Resources (TSE) can acquire a 2,500-hectare property in southern Peru.The Rosa Maria property hosts several copper-gold porphyry prospects, including …
Jonpol raises exploration funds
A private placement is being planned by Jonpol Explorations (TSE) to fund exploration work in Indonesia, Mexico and the James Bay Lowlands of Ontario.The company plans to sell 2 million units at 55 ce…