McLeese Lake back on track
The McLeese Lake open-pit copper mine in central British Columbia has resumed production. Owner Gibraltar Mines (TSE) closed the operation about 10 months ago in response to low copper prices. Over th…
Articles by Northern Miner Staff
Correction (October 03, 1994)
Vancouver-listed Loumic Resources will not acquire a half interest in a cyanide mill nor the San Luis or Cayayi concessions in Venezuela, contrary to a report in our Sept. 26 issue (C section). In ear…
United Keno resumes drilling at Elsa
At the Silver King mine in the Yukon, United Keno Hill Mines (TSE) has confirmed the downdip continuation of mineralization previously mined in 1989. The drilling is part of a program designed to iden…
La Teko drill programs on track at True North
Drilling continues on the True North deposit near here amid a blaze of autumn colors. With 190 reverse circulation drill holes now complete, La Teko Resources (NASDAQ) estimates the project’s proven a…
Las Cristinas gold resource on the rise
The mineral resource at the Las Cristinas gold property in southeastern Venezuela has risen to 8.6 million from 7.7 million oz. A feasibility study by 70%-owner Placer Dome (TSE) is due for completion…
Campbell seeks more gold at Joe Mann
Having sold various non-core assets, Campbell Resources (TSE) is now focusing on improving production and profitability at the Joe Mann copper-gold mine, 38 miles south of Chibougamau, Que. The strate…
NEWS IN BRIEF (October 03, 1994)
PIC Prospectors International (PIK:VSE) has changed its name to Starx Resource (SXX:VSE) on a 1-new-for-4-old-share basis.
Juniors convert their royalties
Two juniors have entered into agreements with Placer Dome (TSE) related to royalties on a property in Quebec’s Bourlamaque Twp. Placer recently acquired the property, which adjoins its Sigma gold mine…
Repadre drops plan to buy royalty
Having completed a due diligence review, Repadre Capital has decided not buy a 5% net smelter return (NSR) royalty on Greenstone Resources’ (TSE) Santa Rosa gold mine in Panama. Greenstone was to have…
Sunshine Mining options IGR’s Ouray gold project
A wholly owned subsidiary of Toronto-listed International Gold Resources (IGR) has entered a lease and option agreement with Sunshine Mining and Refining (NYSE). The agreement covers the exploration, …
NEWS ROUNDUP — Hemlo options Thunder Creek
An option agreement concerning the Thunder Creek property, found west of Timmins, Ont., has been signed by Band-Ore Resources (CDN), the property owner, and Hemlo Gold Mines (TSE). Hemlo can earn a 60…
NEWS ROUNDUP — Glen Auden drills alteration zone
CDN-listed Glen Auden Resources has encountered what appears to be promising mineralization at a property near Casa Berardi, Que. The junior has drilled eight holes on the 2-claim property, which is u…