Golden Knight reports earnings
A 40% interest in the Casa Berardi mine helped Golden Knight Resources (TSE) generate net earnings of $811,000 for the first quarter, compared with $1.1 million in the same period last year. Gold prod…
Articles by Northern Miner Staff
Arlo lands cash, properties and new management
An agreement with MK Gold (NASDAQ) and Min America gives Arlo Resources (VSE) a host of new properties, a large cash infusion and a change in control. Arlo plans to issue 8 million units at 80 cents e…
Greenstone gets San Andres results
Toronto-listed Greenstone Resources (TSE) is encouraged by a 2,500-metre program on its San Andres gold project in Honduras. The drilling was carried out to prove up the known resource, which stands a…
NEWS ROUNDUP — Big Valley drilling cuts copper values
Copper-gold mineralization has been intersected on Big Valley Resources’ (ASE) Lloyd-Nordik property near Likely, B.C. Hole 94-04 contained a 186.3-metre interval grading 0.31% copper and 0.005 oz. go…
LAST BUT NOT LEAST — Hol-Lac inks Ukrainian deal
Under an agreement with a Ukrainian state mining company, CDN-listed Hol-Lac Gold Mines can explore and develop several gold properties in northern Ukraine. Hol-Lac plans to review geological and assa…
LAST BUT NOT LEAST — Metall to drill Seneca
The 1994 field program at the Seneca massive sulphide project, 65 miles east of Vancouver, B.C., is under way. Metall Mining, the operator, is earning up to a 60% interest in the project from Internat…
NEWS ROUNDUP — Atlas cements Granges purchase
The sale of Australian-based MIM Holdings’ 37% interest in Granges (TSE) to Atlas (NYSE) is expected to proceed. Following the announcement of the sale on April 28, Granges had 30 days to locate anoth…
NEWS ROUNDUP — Starratt to buy tremolite play
Junior Starratt Nickel Mines (CDN) plans to buy the outstanding shares (together with certain royalty rights) of a private company which owns the Palmerston tremolite property in eastern Ontario. The …
Jordex feasibility
A feasibility study is being carried out on the Loma de Hierro nickel laterite project in Venezuela, Jordex Resources (TSE) reports. Test work at the minesite has been completed and the emphasis has s…
Loki firming Brewery plans
With the mine feasibility study at the Brewery Creek project in the Yukon nearing completion, owner Loki Gold (VSE) is preparing an Initial Environmental Evaluation (IEE) submittal for regulators. Lok…
COMMENTARY — Reforms through privatization
Many countries are seeking private investors as a source of investment capital, managerial know-how and technical expertise in providing infrastructure services. Asia and Latin America, in particular,…
LETTER TO THE EDITOR — Fire-assay procedures provide
Regarding “unconventional” assay techniques, my own experience in the early 1980s is forever burned in my memory. I was hired by a worried California investor who had spent 7-figure sums on a gold and…