Articles by Northern Miner Staff

Correction (November 07, 1994)

All of Pangea Goldfields’ (TSE) Tanzanian gold projects are either wholly owned or optioned from local companies. Production from the properties is subject to a 3% net smelter return royalty payable t…


Asarco drilling at Butte Highlands

Drilling on the Nevin Hill zone at the Butte Highlands property near Butte, Mont., has now tested the deposit over a 1,000-ft. strike length and to a depth of greater than 1,400 ft. Asarco (NYSE) has …


Atna explores Yukon properties

The 16-claim Toe property has been added to the holdings of Atna Resources (VSE) in the Finlayson Lake area of southeastern Yukon. The Toe and two other properties, the Pak and Foot, lie within a stra…


STOCK MARKETS — Inflation fears limit TSE gains

Renewed inflation fears spooked investors and put a damper on the Toronto Stock Exchange over the 5-day report period ended Nov. 1. The composite 300 index edged up 21.68 points to end the week at 4,2…


Caretech drills Thunder Lake W.

CDN-listed Continental Caretech has received results from nine holes which it drilled at the Thunder Lake West project near Dryden, Ont. The first three holes, drilled between 1,640 and 2,590 ft. east…


Cambior increases Argentine exposure

Montreal-based Cambior (TSE) will buy a 40% interest in a company that owns a project with a mineral inventory of 500 million tonnes averaging 0.75% copper, based on a cutoff grade of 0.5% copper. Pac…


NEWS ROUNDUP — Strike loses claims to rival

The mining recorder in Ontario’s Larder Lake mining division has made a ruling regarding the conflict between Sudbury Contact Minerals (TSE) and CDN-listed Strike Minerals. The case concerns three dis…


NEWS ROUNDUP — Van Ollie passes on Kremzar play

CDN-listed Van Ollie Explorations and three partners have opted out of a plan to buy the Kremzar gold mine near Wawa, Ont. The companies were to pay Canada Tungsten $2.5 million (of which $500,000 had…


NEWS ROUNDUP — Drills turning at Galena Giant

Diamond drilling is under way on the Galena Giant property on the Idaho-Montana border. The work is part of a 50-50 joint venture between Arbor Resources (VSE) and Wealth Resources (VSE). The partners…


NEWS ROUNDUP — Noveder funding Nugget Pond work

Rouyn-Noranda-based Novender (ME) is busy raising money to finance a 10,000-ton bulk sample at its Nugget Pond gold property in Baie Verte, Nfld. A $1.1-million private placement has been completed, a…



Minorca plans private placement

Proceeds from a private placement, planned by Minorca Resources (VSE), will finance exploration of properties in Mexico and Quebec. The placement involves 750,000 units, each of which will consist of …


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