Juniors drop Korn Kobb property
Partners Gold Giant Minerals (VSE) and Corner Bay Minerals (VSE) have dropped their option on the Korn Kobb property in southern Arizona.The decision follows the release of a drill program that outlin…
Articles by Northern Miner Staff
Inco options Fly Lake property
Inco (TSE) can earn a 60% interest in Breakwater Resources’ (TSE) Fly Lake base metal property, east of Red Lake, Ont.To do so, the senior must spend $1.25 million on exploration and pay $125,000 over…
STOCK MARKETS — Gold stocks lose lustre as western markets sag
Gold reversed its direction over the report period ended Feb. 13, taking a bit of the shine off of western markets as it settled in at US$403 per oz. The Vancouver Stock Exchange resource index fell 9…
Int’l Pursuit spins off Indonesian properties
Toronto-based International Pursuit (TSE) and its Indonesian partner will develop properties held by the latter in Kalimantan, Sumatra and Java.A proposed agreement calls for at least eight projects t…
Companies (February 19, 1996)
INDEXAlmaden Res.Argosy MiningAthabaska GoldBarrick GoldBlack Hawk M’gBoron ChemicalsBreakwater Res.Cabo Expl. VtrsCabo VenturesCactus WestCanyon Res.Clear Creek M’gCorner Bay Min.Cornuco…
Oxide values are reported at Copper Mountain project
Drilling on the Copper Mountain property in Nevada has returned oxide copper values for partners Cactus West Explorations (VSE) and Mina Resources (VSE).Mina, which is earning a 51% interest in the pr…
Corriente plans drilling for Laurani
Drilling will evaluate the bulk-tonnage potential of the Laurani property, 100 km south of La Paz, Bolivia.The 4,000-hectare property, owned by Corriente Resources (VSE), is a former gold-silver-coppe…
Inco bides its time, could still make counter offer
Ultimate control of Diamond Fields Resources (TSE), 75%- owner of the highly prized Voisey’s Bay nickel-copper-cobalt discovery in Labrador, is not likely to be decided until mid-April.Inco (TSE), alo…
Index (February 19, 1996)
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Ladner Creek returns gold values
Drilling on the Ladner Creek property near Hope, B.C., is returning more gold values for Athabaska Gold Resources (TSE).The company is drill-testing a gold zone from a new drift on the 875 level of th…
No Headline (February 19, 1996)
Hemlo picks up Red Lake optionShane Resources (VSE) has dealt an option on its Ball Twp. gold property, 30 km west of Red Lake, Ont., to Hemlo Gold Mines (TSE).To earn a 60% interest, Hemlo will pay $…
Pacific Wildcat proves up Sulut
Initial drill results at the Sulut property in northeastern Sulawesi, Indonesia, support previous resource estimates, reports Pacific Wildcat Resources (VSE).Historic work by a major mining company ou…