Articles by Northern Miner Staff

Royalstar expands ground position near Harp Lake

Royalstar Resources (VSE) has acquired 44,341 acres in the Harp Lake area of Labrador.The eight claim blocks are underlain by nickel, copper and cobalt lake sediment anomalies. Several magnetic anomal…


PRODUCER PRICES (June 12, 1995)

ALUMINUM: MW U.S. market US83.5-84.5 cents per lb. (May 19, 1995).ANTIMONY: MW New York dealer US$2.20-2.30 per lb. (March 31, 1995).BISMUTH: MW New York dealer US$3.55-3.65 per lb. (May 12, 1995).CAD…


IGR to increase interest in Bibiani

The Ministry of Mines and Energy for the Republic of Ghana has informed International Gold Resources (TSE) that it is prepared to sell its 18% contributory equity interest in the Bibiani gold project….


Canmine starts two programs

Two drill programs, scheduled to continue until October of this year, are under way at projects being explored by Canmine Resources (ASE).A 25,000-ft. program will test the Bay, Point and Island coppe…


Patrician, Serengeti make African splash

Two Vancouver-based juniors are joining forces to create a major African gold and diamond mining company.Serengeti Diamonds (VSE) and Patrician Gold Mines (ASE) will combine to form Serengeti Holdings…


Tri Origin cuts mineralization at Lewis Ponds

Recent drilling by Tri Origin Exploration (TSE) at the Lewis Ponds project in New South Wales, Australia, has led to the discovery of a new sulphide zone.This phase of drilling has focused on an area …


Akiko meets funding deadline

Akiko Gold (VSE) has made a US$1-million option payment on the New Burgin project in Utah.It is earning a half interest in the project from Chief Consolidated Mining (NASDAQ) by spending US$10 million…


Barrick starts field programs

Exploration on nine Bolivian gold properties is about to begin now that a joint-venture agreement between Jordex Resources (TSE) and Barrick Gold (TSE) is complete.Barrick recently completed its due d…


Arequipa drilling in Peru

Exploration is set to begin on the Paron property in Peru.Owner Arequipa Resources (VSE) has been awaiting regulatory approval for a special warrant financing completed in January. The placement raise…


Nugget Pond gold project sold

The Nugget Pond gold property on Newfoundland’s Baie Verte peninsula has been purchased by Noveder (ME), which has, in turn, signed a joint-venture agreement with Richmont Mines (TSE) on the property….


First Dynasty Mines completes financing

Newly listed First Dynasty Mines (TSE) has raised US$6.2 million and issued 2 million special warrants (at US$3 per) to close its private placement.So far in 1995, the company has raised US$12.7 milli…


Miramar to develop Delita

A preliminary feasibility study on the Delita gold-silver project in Cuba is now complete.Miramar Mining (TSE) hired Davy International to conduct the study, which projects yearly output at 98,000 oz….


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