Hemlo discovery at Bear Lake
Four holes totaling 8,850 ft. have been drilled on the Bear Lake joint venture near the Cheminis mine in the Kirkland Lake-Larder Lake area in Ontario. Bear Lake is under option to Hemlo Gold Mines (T…
Articles by Northern Miner Staff
PEOPLE — URANIUM RES. (September 12, 1994)
Wallace Mays appointed chairman; Paul Willmott and Wayne Fowler appointed directors.
Detector inks deal on Ontario plays
Alberta-listed Detector Resources has completed a major transaction involving a private placement and agreements to earn interests in two properties in northwestern Ontario. Detector has privately pla…
NEWS ROUNDUP — Noranda to drill Dileo Lake play
Late this summer, Noranda (TSE) plans to drill-test Fancamp Resources’ (VSE) Dileo Lake base metal property northeast of Chibougamau, Que. During a trenching program last summer, Noranda outlined high…
TVI Pacific drilling project on island in Philippines
Two drills are at work at the Canatuan copper-gold property of TVI Pacific (ASE) on the Philippine island of Mindanao. An initial 27-hole program is testing the relatively flat-lying deposit’s 1.2-km …
Cons. Bonanza to acquire gold mine in Mozambique
Alberta-listed Consolidated Bonanza Metals will acquire all of the shares of Mincor Mozambique, which holds a 20-year mining licence in Mozambique. The licence contains the Monarch gold mine, which co…
EDITORIAL PAGE — Lively bidding battle
The summer doldrums were kept at bay this year by the lively battle for control of Lac Minerals, launched by Royal Oak Mines in early July. The company recently withdrew from the bidding war, paving t…
Elsewhere Overseas; Cash Resources granted Yukon trenching
A controversial federal land use permit allows Cash Resources (VSE) to drive an excavator onto its Killer Gold project for trenching purposes. Government biologists, environmentalists and native group…
NEWS ROUNDUP — Amer. Wollastonite seeks listing
Vancouver-listed American Wollastonite Mining has filed with the U.S. Securities and Exchange Commission to register its common shares under the U.S. Securities Exchange Act of 1934. The company is re…
PRODUCER PRICES (September 12, 1994)
ALUMINUM: MW U.S. market US71.5-72.5 cents per lb. (Aug. 25, 1994). ANTIMONY: MW New York dealer US$2.35-2.50 per lb. (July 21, 1994). BISMUTH: MW New York dealer US$3.75-4.25 per lb. (July 28, 1993)….
Gibraltar drops Mount Polley option
Having carried out a first phase of work, Gibraltar Mines (TSE) has decided not to proceed with the second phase of its option on the Mount Polley copper-gold project in central British Columbia. The …
Stratmin gets stake in Applied Carbon
Graphite producer Stratmin (ME) will buy 52% of the issued and outstanding shares of Applied Carbon Technology (TSE), its main competitor in North America. Applied Carbon’s main assets are a blending …