Gold City hits copper-gold at Midway
Reverse circulation drilling at the Midway project in southern British Columbia has encountered copper and gold mineralization. Three holes drilled to test a 100-ft.-wide shear zone on the Ket 28 prop…
Articles by Northern Miner Staff
Gulf Int’l courts Tajiks for properties
The government of Tajikistan has given Gulf International Minerals (VSE) the exclusive right to any of the hardrock projects in the former Soviet republic. The agreement, signed by the country’s presi…
Drilling permits for Matthews
Permits have been granted for a 10-hole program on the Matthews gold project, under option to Consolidated Ramrod Gold (TSE). The property lies within an area of gold-bearing reefs which are also host…
Petaquilla reserves expanded by drilling
Drilling on the Petaquilla property in Panama is steadily expanding reserves. Adrian Resources (VSE), manager of the exploration program, has a 20% indirect interest in the project and an option to ac…
MITEC gives boost to exploration research
The exploration technology division of MITEC (Mining Industry Technology Council of Canada) is becoming an active agency through which industry funds are transferred to research groups. Several resear…
Airborne, sampling results reported from Cross Mine
Several new anomalies which may represent mineralized and altered zones have been outlined in an airborne survey on the Cross Mine properties near Boulder, Colo. Nearly all of the known mineralized zo…
LAST BUT NOT LEAST — Marshall completes private placement
An institutional investor has bought two million shares of Marshall Minerals (ASE) for $3 million. The holder of Marshall’s $3-million convertible debentures will, at the appropriate time, convert the…
Gold Funds (September 27, 1993)
Gold Funds as of Sept. 21 BGR Central Net Value $12.78 $5.62 Price $11.00 $6.125 Discount 13.91% 9.0% Value $71,571,000 $110,858,213…
Miramar approves Con acquisition
Directors of Miramar Mining (VSE) approved a previously announced acquisition from Red Lion Management of the Nerco Con underground gold mine. Nerco (NYSE), owner of the mine, will receive US$25 milli…
NEWS ROUNDUP — Ecudor revises Dona Lake agreement
A revision has been made to an agreement allowing Societe Miniere Ecudor (ME) to earn a 49% interest in the Dona Lake mine, near Pickle Lake, Ont. The Rouyn-Noranda, Que.-based company acquired a 9% i…
Toronto Stock Exchange Indices (September 27, 1993)
— Week — Sept 21 Sept 20 Sept 17 Sept 16 Sept 15 High Low Composite”300″ 3937.33 3952.80 3978.31 3988.06 3967.89 3990.76 3947.79 Metals&Minerals 2824.52 2824.22 2881.87 2953.95 2960.12 2965.21 2787….
NEWS ROUNDUP — Cambior acquires Grevet project
The Grevet zinc project in northwestern Quebec is now wholly owned by Cambior (TM/CBJ) The Val d’Or, Que.-based company has acquired Serem-Quebec’s 50% interest in Grevet, as well as the interests of …