Madsen raises funds for Red Lake work
Madsen Gold (TSE) has raised more than $400,000 in two private placements.The placements comprise a total of 340,000 units, each of which consists of one common share and one common share purchase war…
Articles by Northern Miner Staff
ConSil sells mine
Consolidated Silver, which trades over-the-counter in Spokane, Wash., will sell its Silver Summit mine in northern Idaho to Sunshine Mining & Refining.In addition, the company will change its name to …
World demand for platinum is expected to escalate sharply
Increased demand from the industrial and jewelry sectors is expected to boost worldwide demand for platinum in 1995 by 4% to a new high of 4.7 million oz.The estimate is contained in Platinum 1995: In…
San Andreas expands Prairie Creek
Drilling has expanded the in situ geological resource at the Prairie Creek project, 500 km west of Yellowknife, N.W.T.Owner San Andreas Resources (TSE) estimates the resource at 10.6 million tonnes gr…
Toronto Stock Exchange Indices (December 11, 1995)
1995 Dec 5Dec 4Dec 1Nov 30Nov 29HighLowComposite”300″4722.534711.874674.024661.184670.844718.273983.34Metals&Minerals5211.075144.655114.245148.155152.905276.123273.56Integrated Mi…
News Roundup — Excellon gains copper project
Junior Excellon Resources (VSE) has entered into an agreement with privately owned Columbia Metals Reactivation, allowing it to earn up to a 50% interest in the 12,000-acre Guerrero Ranch property in …
News Roundup — Golden Briar seeks prospects near Sudbury
Golden Briar Mines (ME) is acquiring 128 claims near Sudbury, Ont.The property lies within the Wanapitei gravity-magnetic anomaly, a gabbronorite complex being explored by several junior companies. Ju…
Pangea options Tanzanian property to Ashanti
Immediately south of the Bulyanhulu gold deposit in northwestern Tanzania, Pangea Goldfields (TSE) has optioned a 213-sq.-km exploration concession to Ashanti Goldfields.The option agreement will see …
Dakota bullish on Stibnite’s potential
Drilling has intersected gold mineralization at the Stibnite mine near Yellow Pine, Idaho.Dakota Mining (TSE) reports that 8,000 ft. of reverse-circulation drilling cut mineralization over a strike le…
Final assays surface at Nugget Pond
Underground drilling has ceased at the Nugget Pond gold project near Baie Verte, Nfld., and a new reserve is being calculated.The figures will be incorporated into an ongoing final feasibility study, …
New zone adds to Rainbow
Encouraged by results from the Rainbow property in southern British Columbia, partners Teck (TSE) and Getchell Resources (VSE) will undertake a third phase of drilling.The property is a few kilometres…
Canarc tests Guyanese property
A second phase of drilling is under way on the Ianna property in Guyana.Canarc Resource (TSE), which can earn up to a 65% interest from Roraima Gold (VSE), is testing the bulk-tonnage potential of the…