Articles by Northern Miner Staff

Having drilled only half of an 11,000-ft. program, Asarco (NYSE) has dropped its option on the Southern Cross property in Montana. It had the right to earn a 60% interest from owner International Maho…

The president of Glimmer Resources (VSE), George Kent, and the company have negotiated a $200,000 placement of 172,500 flow-through shares and 77,500 common shares at 80 cents per share. The share pri…

The Bakyrchik gold mine in northeastern Kazakhstan has a new investor. Bakyrchik Gold PLC, created by Minproc Holdings of Australia and Chilewich International of New York, has acquired a 40% interest…

Shortly after acquiring an option on 72 claims in the Crescent Valley area of Nevada, Sentinel Resources (VSE) has vended the property to a third party. Portman Exploration (VSE) can earn a half inter…

A new zone of massive sulphide mineralization has been intersected by Rio Algom (TSE) on Key Anacon Mines’ (TSE) property in the Bathurst camp of New Brunswick. Significant results include: 18.62 metr…

The stage is set for Venezuelan Goldfields (VSE) to acquire a 19.99% interest in the Lihir Island gold deposit in Papua New Guinea. Widely considered to be the world’s largest undeveloped gold resourc…

Toronto-listed Tri Origin Exploration has begun a 2,000-metre program at its gold project 90 km north of Sault Ste. Marie, Ont. Previous trenching and diamond drilling defined a 4-km-long, gold-bearin…

Based on 115 reverse circulation holes drilled in 1992 and 1993, Azco Mining (TSE) estimates its Piedras Verdes deposit near Alamos, Mexico, contains about 87.2 million tonnes grading 0.43% copper. Us…

Having bought a 51% interest from Lac Minerals (TSE), Equinox Resources (TSE) is now sole owner of Nevada’s Rosebud property. The company paid US$5.5 million for the interest, $3 million of which was …

Under an option agreement, the Keystone joint venture is expected to acquire a 55.2% interest in the Farley Lake gold project near Lynn Lake, Man. (Keystone is a partnership of Cazador Exploration (VS…

There is something amiss in the diamond exploration game. It relates to the flow of information or, rather, the lack of it. Investors wait months for news of results. When drill results finally are an…

It was indeed good of you to tell your readers “Ignore Sarnoff’s diamond warning, exploration activity speaks for itself” (T.N.M., Aug. 2/93). Please permit me to speak for myself. When Dia Met made i…