Lac among several bidding on Chile project
In the first of what may be several bidding wars on separate Chilean mining projects, Codelco is reviewing nine submissions on the giant El Abra project. The first to be made public was the bid by Lac…
Articles by Northern Miner Staff
Wheaton to issue private placement
Junior gold miner Wheaton River Minerals (TSE) plans to issue a private placement of 500,000 units at $1.58 each to raise $790,000. Each unit will consist of one common share and one warrant. Each war…
Flag hits zone in Wanapitei drilling near Sudbury
A hole drilled on Flag Resources’ (ASE) Wanapitei property, northeast of Sudbury, Ont., has intersected 166.4 ft. of mineralized breccia. The 200-ft. hole, drilled to test an induced polarization anom…
Fairfield selling more gold
So far this year, Fairfield Minerals (TSE) has produced more than 6,000 oz. gold and 5,500 oz. silver from test mining on its Siwash North gold deposit near Merritt, in southern British Columbia. The …
Loki goes it alone at Brewery Creek
Junior Loki Gold (VSE) continues to work towards a Jan. 1, 1994, deadline for deciding whether it will initiate a feasibility study for its Brewery Creek gold project, 57 km east of Dawson City, Y.T. …
GSC releases kimberlite data for prairie region
The Geological Survey of Canada (GSC) has released kimberlite indicator mineral data for the Canadian prairie region. According to R.G. Garrett, co-ordinator of the survey, the results confirm that lo…
Taylor Rand acquires Montana gold claims
One patented and 25 unpatented claims near Virginia City, Mont., have been acquired by Taylor Rand (CDN) from privately owned Valley View Mining. The price: US$75,000. Taylor now holds 127 contiguous …
Magma cancels Azco investment
A difference of opinion between Azco Mining (TSE) and Magma Copper (NYSE) over capital and operating costs at the proposed Sanchez project in southeast Arizona has prompted the latter to drop plans to…
Additional results from CHOCO-6
Trenching and sampling are continuing at the CHOCO-6 property in Venezuela’s El Callao district. Trenching by Gold Vessel Resources (ASE) at both the Cerro Azul and Camp zones has outlined two subpara…
LAST BUT NOT LEAST — New zones at Bralorne
Soil-sampling and trenching on the Bralorne gold project in southern British Columbia has uncovered five gold zones to the northeast of the Fergusson overthrust. Avino Mines & Resources (VSE), owner o…
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…
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…