Exall increases technical staff in Mexico
Re-activated just over one year ago, Exall Resources (TSE) now has more than 20 employees operating out of its Mexican office, Vice-president of Exploration Peter Holmes told shareholders at the annua…
Articles by Northern Miner Staff
NEWS ROUNDUP — San Andreas funds Prairie Creek
A private placement has been arranged by San Andreas Resources (VSE) to fund ongoing work at its Prairie Creek project, 500 km west of Yellowknife, N.W.T. Recent work has focused on a flat-lying, stra…
THE DIAMOND PAGE — The root-vegetable theory of kimberlite
Consultant James Tilsley has come up with a unique analogy to explain why diamond grades vary dramatically within kimberlite pipes. He tells the uninitiated to imagine a kimberlite pipe as a mixed bun…
Cathedral acquires option on Guyana property
Increased prices of Venezuelan concessions have prompted junior companies to investigate opportunities in neighboring Guyana and Suriname. A recent entrant, Cathedral Gold (TSE), acquired an option to…
Metals sub-index off sharply in April
A sharp drop in copper and potash prices in April led to a new cyclical low for the metal and mineral sub-index of the Bank of Nova Scotia’s commodity price index. Base metal prices continue to be pla…
Echo Bay granted Alaskan permit
Clearing its first major hurdle in Alaska, Echo Bay Mines (TSE) has received a permit from the city of Juneau to proceed with development of the A-J mine, Chairman Robert Calman told shareholders at t…
Adds fuel to assaying controversy — Gold values elusive at
A resource equivalent to 11 million oz. gold is bound to attract attention. And when word began circulating here that Mindoro Mining had a deposit estimated to be of this magnitude on its property in …
NEWS ROUNDUP — Cathedral lowers operating costs
Operating costs of US$216 per oz. were reported by Cathedral Gold (TSE) for the first quarter, compared with US$268 per oz. for the same period last year. The decrease was due to slightly-higher-than-…
Spot prices at a glance (June 14, 1993)
Week’s Price (US) Change Gold* $370.65 + $2.40 Silver* $ 4.37 $0.00 Platinum* $383.40 $5.85 Nickel** $ 2.52 $0.03 Lead** $ 0.18 $0.00 Copper $ 0.83 + $0.01 Zinc $ 0.42 $0.00 Courtesy of Scotiabank. In…
Pezim buys Prime
A recent agreement provides for Murray Pezim to buy 1.9 million shares of Prime Equities International (VSE) from Prime Resources Group (VSE) and Homestake Canada. Pezim will pay $3.64 million. The ac…
TSE SHORT POSITIONS (June 14, 1993)
Semi-monthly reports as of May 31, showed 74,893,719 shares of 702 issues compared with 72,998,779 shares of 684 issues on May 15. Larger individual positions included: Aber 103,800; Agnico-Eagle 38,6…
Deep hole boosts Lewis Ponds potential
Recent drilling at the Lewis Ponds polymetallic project in southeastern Australia has extended the mineralized zone downdip and tripled the reserve potential, reports 100%-owner Tri Origin Exploration…