IPC assay results pending from TSE
The Toronto Stock Exchange is still awaiting fire assay results from samples taken on International Platinum’s (IPC) ground in Arizona. The samples were taken to laboratories in Canada in an attempt t…
Articles by Northern Miner Staff
Caribgold drilling Cuban project
Drilling has begun on Caribgold Resources’ (TSE) Descanso-Melonera gold project near the city of Santa Clara in west-central Cuba. Previous work by Cuban geologists outlined a high-grade gold vein sys…
EDITORIAL PAGE — Babbitt vs. Barrick
In each of the years between 1980 and 1992, the U.S. Department of the Interior had issued, after proper review, between 28 and 94 mineral patents. Strangely, early in March of last year, the flow of …
LAST BUT NOT LEAST — Fairfield chalks up earnings
Sales of about 13,000 oz. gold in 1993 netted Fairfield Minerals (TSE) an after-tax income of $1.59 million or about 24 cents per share. The production came from bulk sampling programs at the company’…
Record price for Nymex seat (April 18, 1994)
A seat on the New York Mercantile Exchange (Nymex) has sold for a record US$425,000. The previous high of US$400,000 was set in December. The commodity exchange, a major dealer in oil futures and opti…
Damoti Lake results mixed
Drilling results from the high-grade Bif Island area of the Damoti Lake property north of Yellowknife, N.W.T., indicate the northerly extension of the zone may be limited. Partners Athabaska Gold (TSE…
NEWS IN BRIEF (April 18, 1994)
Mineral Park Mining (MPK:VSE) has changed its name to IMP Industrial Mineral Park Mining (IME:VSE) on a 1-new-for-4.5-old-share basis. The transfer agent is Pacific Corporate Trust Co.
GSC studies gold, PGE anomalies in Alberta
The Geological Survey of Canada (GSC) and the Alberta Geological Survey are participating in a research project to evaluate reported occurrences of gold and platinum-group elements (PGE) in the Fort M…
NEWS ROUNDUP — Gold City options western gold play
Greenwood Gold, a private British Columbia-based company, has signed a deal to earn a 51% interest in Gold City Resources’ (ASE) Midway gold project in south-central British Columbia. Under the deal, …
PEOPLE — CADRE RESOURCES (April 18, 1994)
Darryl Drummond appointed director and vice-president, explorations.
Timminco reports improved results
One of the world’s leading producers of non-ferrous specialty metals, Timminco (TSE), reports that improvements in the company’s core metals operations helped stem the tide of red ink. Ongoing product…
PEOPLE — SHOREWOOD EXPLORATIONS
Charles Bruce appointed director.