GeoNova explores Quebec plays
Montreal-listed junior GeoNova Explorations is exploring properties in the Lebel-sur-Quevillon and Eastmain areas of Quebec. In the Quevillon area, three properties, known as the Gander, Baptiste Rive…
Articles by Northern Miner Staff
Hol-Lac drills Carissa gold mine in Wyoming
Results are in hand for three holes drilled by Hol-Lac Gold Mines (CDN) on its Carissa gold mine property in South Pass City, Wyo. Hole 94-1, drilled below the fifth level at the mine to a depth of 66…
Haddington exploring near Timmins
Vancouver-listed Haddington Resources (VSE) intends to carry out a private placement of 500,000 units with Prime Equities International (VSE). Each unit, priced at 60 cents, will consist of one Haddin…
Petroleum the mainstay of Venezuelan economy
The gold industry may be the next mineral sector to give Venezuela a boost, the South American country’s economy having been driven for many years by petroleum exports. Mainly because of its oil and g…
MSV again boosts reserves
As a result of a $5.2-million exploration program, MSV Resources (TSE) has once again increased reserves at its Chibougamau operations in northern Quebec. The Portage and Copper Rand mines have a comb…
NO HEADLINE (September 26, 1994)
enver-based USMX (NASDAQ) says its reserve and resource inventory now exceeds 1.1 million oz. gold and 238,000 tons copper. The new estimates, which are based on a US$375-400 per oz. gold and US$1 per…
Monarch spreads its wings in El Dorado camp
In 1987, a company was listed on the London Stock Exchange in order to carry out gold exploration in Venezuela. Since then, Monarch Resources has invested more than US$80 million in the country and go…
Quebec’s mining industry promised government support
Jacques Parizeau’s newly elected Parti Quebecois government will introduce measures to strengthen and diversify Quebec’s mining industry, delegates were told at the 20th annual meeting of the Quebec P…
Toronto Stock Exchange Indices (September 26, 1994)
Composite “300” 4376.87 4435.96 4403.85 4385.46 4345.03 4609.93 3518.31 Metals & Minerals 4163.53 4250.59 4230.77 4164.35 4097.43 4270.14 3273.56 Integrated Mines 4368.54 4467.29 4447.10 4358.41 4294….
Modest silver price hikes forcast
The best-performing metal in 1993 may have been silver, but Metals & Minerals Research Services sees only modest price increases for the metal in the years ahead. However, the London-based company, wh…
Anomalous assays uncovered at Starcore platinum project
Anomalous assays are evident from preliminary drill results from the Goodnews Bay platinum property, 420 miles southwest of Anchorage, Alaska. Starcore Resources (VSE) reports that seven holes tested …
Agnico companies buy Legacy shares
Affiliated companies Mentor Exploration and Development (TSE) and Long Shots have, through the open market, acquired almost 250,000 common shares of Legacy Explorations (CDN). Together with Agnico-Eag…