More work planned for Ileninga Lake
With positive 1995 results in hand, Inco (TSE) is pressing on with exploration of the Ileninga Lake massive sulphide property in the Northwest Territories.Last year, the nickel giant acquired an optio…
Articles by Northern Miner Staff
Drills turn at Indo-Pacific’s Kavola
Drills are testing epithermal gold mineralization at the Kavola property of Indo-Pacific Resources (ASE) on the island of New Britain, part of Papua New Guinea.Five mineralizaed zones are known to exi…
Corriente options Brazilian ground
A joint-venture agreement with Mountain Lake Resources (VSE) gives Corriente Resources (VSE) the right to earn a 51% interest in the 800-hectare Tesoureiro project in Brazil’s Minas Gerais state.The p…
William prepares to pour gold at Velardena project
Within a few short weeks, William Resources (TSE) will begin pouring gold from a mine that has a long and sporadic production history.Situated in Mexico’s Durango state, the Velardena project is, in m…
STOCK MARKETS — Western markets shine despite lacklustre gold
A drop in gold prices to US$394 per oz. had little effect on western markets over the report period ended March 5.The Vancouver Stock Exchange resource index tacked on more than 55 points, finishing a…
PCS reaches safety landmark
The Potash Corporation of Saskatchewan’s New Brunswick division reached a safety milestone after working 1 million hours without a lost-time accident, a first in the province’s mining industry.Three-h…
Junior aims to retain majority stake — Bre-X in driver’s seat as Busang’s potential grows
Junior companies are credited with many important mineral discoveries, but, in most cases, the companies and their projects are gobbled up by senior companies with the resources to build and operate m…
Laminco expands its San Antonio property
Drilling on the San Antonio property in Mexico’s Sonora state has boosted the geological resource to 5.4 million tons grading 0.075 oz. gold per ton.Having drilled 36 holes on the Golfo de Oro deposit…
Producer Prices (March 11, 1996)
ALUMINUM: MW U.S. market US75.5 cents-76.5 cents per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
Toronto Stock Exchange (March 11, 1996)
Mar 5Mar 4Mar 1Feb 29Feb 28HighLow 1996Composite 300″4995.944979.864956.554933.724947.235066.793983.34Mts&Minerals5286.385268.725171.995146.355121.735382.203273.56Integrat…
Hoyle Township properties showing further promise
Both Pentland Firth Ventures (TSE) and Black Hawk Mining (TSE) report encouraging results on properties in Hoyle Twp., Ont., just east of Timmins.Pentland is expanding the resource at its former-produ…
THE DIAMOND PAGE — Mapping completed at Orange River
Montreal-listed Menora Resources has confirmed the existence of potentially diamond-bearing gravels at its Orange River Block 14 concession in Namibia.Reconnaissance mapping determined that the gravel…