Refugio mine on track for production
When the Refugio mine pours its first gold late this year or in early 1996, it will become one of the largest open-pit, heap-leach mines in the world, with projected gold production of 233,000 oz. ann…
Articles by Northern Miner Staff
Fortune Minerals finds more gold at NICO project in N.W.T.
A new discovery on its NICO project, 150 km north of Yellowknife, N.W.T., has brought Fortune Minerals (CDN) a step closer to living up to its name.Fortune recently carried out mapping, gravity survey…
Northgate sells NorthWest Gold
Toronto-based Northgate Exploration (TSE) has sold wholly owned subsidiary NorthWest Gold to Kinloch Holdings. NorthWest’s only asset is a 42% interest in Sonora Gold (TSE).Northgate will be relieved …
Drilling completed at Prairie Creek
This year’s drill program at the Prairie Creek project west of Yellowknife, N.W.T., added 1.25 km to the strike length of the zone 3 vein, extending the deposit northward to 2.1 km.San Andreas Resourc…
GREATEST VALUE TRADED (October 23, 1995)
Placer Dome T136987$33 3/431 1/4311/4-2 1/2Barrick Gold T130392$34 3/432 7/833-13/4Inco Ltd T112775$4642 5/845 1/8+2 1/8Diamond Flds T71807$24 3/820 3/422 3/4+1 3/4TVX Gol…
STOCK MARKETS — Western markets relax as Labrador players lose ground
Western markets weakened during the week ended Oct. 17, helped along by slipping Voisey Bay issues.The Vancouver Stock Exchange composite index lost 17.85 points to close at 805.75 while the resource …
Imperial drills massive sulphide target
Drills are turning on a new massive sulphide showing near Smithers, B.C.Imperial Metals (TSE) reports that the showing was discovered by local prospectors in an exposure uncovered by a road washout.Th…
METAL PRICES — FREE MARKET (October 23, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct. 17 Oct. 16Oct. 13Oct. 12Oct.11Copper2748-2753 2770-27752820-28252827-28322746-2749Lead642.5-644.5 645-647644-645598-600 …
Tri Origin cuts more sulphides
Another three holes have been drilled by Tri Origin Exploration (TSE) to test Tom’s zone, situated 900 metres south of the Main zone on the company’s Lewis Ponds polymetallic property in New South Wal…
Index (October 23, 1995)
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Birim increases gold reserves at Ghanaian project
Resampling and assaying of old drill core have enabled Birim Goldfields (CDN) to bolster known reserves on its Aboronye property in Ghana.A total of 350 samples were taken from five holes drilled by a…
Inmet expands Akie deposit
Drilling on the Akie property in northern British Columbia is extending the depth of a zone of zinc-lead massive sulphide mineralization.Inmet Mining (TSE), which has earned a 60% interest in the prop…