Feasibility study for Goldfields
An in-house economic evaluation is nearing completion for the Goldfields project in northern Saskatchewan. Operator Greater Lenora Resources (TSE) intends to proceed with a final feasibility study for…
Articles by Northern Miner Staff
Lyon Lake drills Quebec prospect
A drill program by Lyon Lake Mines (ME) has started on the Waconichi gold prospect 50 miles north of Chibougamau, Que. Eight holes will be drilled to test priority targets determined by geological int…
April conference set for Juneau
The Alaska Miners Association is planning its Conference Juneau 1995 for April 19-21 in Juneau, Alaska. Titled “Redefining the arena for the minerals industry in the 21st century,” the conference will…
Abitibi options Marshall Lake
A recent agreement enables Consolidated Abitibi Resources (ME) to acquire the Marshall Lake polymetallic property from Challenger Minerals (VSE). Situated 160 miles northeast of Thunder Bay, Ont., the…
Vengold acquiring Lihir interest
Vancouver-based Vengold (TSE) is acquiring an indirect 10% interest in the large Lihir gold project in Papua New Guinea (PNG). The junior has signed an agreement with project manager RTZ (NYSE) to acq…
Cominco Res. re-opens U.S. nickel smelter
An improvement in nickel prices has prompted Cominco Resources International (TSE) to re-open its half-owned Glenbrook nickel smelter in Oregon. A subsidiary of Cominco (TSE) owns the other 50% intere…
ODDS’N’SODS — The gentle mining giant
To say that Chris Christiansen was big would be an understatement. Chris was huge. In an age when size and strength were the key to the labor marketplace, this Swede had outstanding credentials. I fir…
New Goldcore cuts copper in Quebec
In the first hole of a drill program at the Dummondville project in Quebec, New Goldcore Ventures (ME) has intersected several mineralized zones. The drilling is being carried out on the company’s 13-…
NEWS IN BRIEF (January 30, 1995)
Shore Gold Fund (SGF:ASE) has changed its name to Shore Gold (SGF:ASE) on a share-for-share basis.
Ego commissioning cobalt facility
Loan advances totalling $6 million will contribute to startup of a cobalt recovery plant in Cobalt, Ont. Commissioning is to begin this month on Ego Resources’ (TSE) new facility, which is designed to…
Appeal planned — Warren convicted in Giant mine deaths
The defence team of Roger Warren intends to appeal Warren’s conviction on nine counts of second-degree murder in the bombing deaths of nine miners at the Giant gold mine in Yellowknife, N.W.T. “It sta…
GOLD FUNDS (January 30, 1995)
BGR Central Net Value $16.87 $6.74 Price $13.38 $6.875 Discount 20.71% Premium 2% Value $132,625,000 $124,432,688…