New Goldcore resumes drilling at Clinton
Drilling has resumed at the Clinton copper-zinc project of New Goldcore Ventures (ME).The Clinton property is situated in the Eastern Townships area of Quebec. It encompasses the past-producing Clinto…
Articles by Northern Miner Staff
Chapleau Res. drills for base metals in N.B.
Northern New Brunswick is the focus of base metal exploration by several junior companies, including Chapleau Resources (VSE), which is carrying out drilling and geophysical work on the Shingle Gulch …
Conversion of Weights and Measures (March 04, 1996)
1 troy ounce = 31.1 grams1 kilogram = 32.15 troy ounces1 kilogram = 2.2046 pounds1 (metric) tonne = 1,000 kilograms1 (metric) tonne = 2,204.6 pounds1 (short) ton = 2,000 pounds1 (metric) t…
Rayrock buys shares, warrants to make Brazilian investment
Toronto-listed Rayrock Yellowknife Resources has, by way of a private placement, made a $1-million investment in Brazilian Resources (CDN).Rayrock will receive shares, warrants and, subject to shareho…
Lower copper prices will affect Asarco
The belief that copper prices will continue their downward slide leads New York-based investment firm J.P. Morgan to predict sharply lower earnings for Asarco (NYSE).Morgan revised its forecast for co…
Meetings (March 04, 1996)
March 11, Int’l TME — annual, generalMarch 11, McNickel — annual, generalMarch 11, Pan Pacific Gold — annual, generalMarch 12, Ellios — annual, generalMarch 12, Espalau — annual, generalMarch 12,…
Chase adds to its holdings in Philippines
An agreement with Philippine-based Allah Copper Porphyry gives Chase Resource (TSE) the right to earn a 75% interest in the Allah property on south-central Mindanao Island.The Allah property adjoins C…
Novicourt posts healthy profits
The first year of production at the Louvicourt mine in Quebec has generated net earnings of $4.8 million, or 11 cents per share, for Novicourt (TSE) for the last quarter of 1995.For the year, the comp…
Junior partners to resume diamond search in Ontario
Drilling will resume on the diamond property in New Liskeard, Ont., belonging to Vancouver-listed partners Consolidated Pine Channel Gold and JNR Resources.Much of the property, which contains the OPA…
Oroperu Resources starts work at Toro gold prospect in Peru
CDN-listed Oroperu Resources has released early results of its reverse-circulation drill program on the Toro gold project in north-central Peru.The drilling has been applied to areas peripheral to the…
Northfield Minerals raises funds for programs at four properties
Private placement financings have enabled Northfield Minerals (TSE) to fund work programs at four of its properties.Northfield has raised $2.5 million through the issuance of 3.6 million common shares…
Fairfield plans more drilling for Siwash gold property
Exploration work will attempt to increase reserves in three target areas on the Siwash property near Merritt, B.C.Owner Fairfield Minerals (TSE) will spend $1.2 million on the property this year and p…