William drilling Clementine gold property
A 3,000-metre diamond drill program is under way on William Resources’ (ME) Clementine gold property in Grevet and Franquet twps., about 30 km north of Lebel sur Quevillon, Que. The company has the op…
Articles by Northern Miner Staff
FINANCING (February 01, 1993)
Copperstone Res. Corp. — 1,500,000 shs. @ 17 cents per shs.
GOLD FUNDS (February 01, 1993)
Gold Funds as of Jan. 26 BGR Central Net Value $8.06 $5.12 Price $5.88 $4.50 Discount 27.14% 12.1% Value $45,164,000 $75,709,350…
TSE SHORT POSITIONS (February 01, 1993)
Semi-monthly reports as of Jan. 15, showed 37,140,692 shares of 570 issues compared with 36,526,778 shares of 601 issues on Dec. 31. Larger individual positions included: Adex Mng. 71,500, up 71,500; …
Neighboring Greenwood property subject of Britannia
The historic Greenwood mining district of southern British Columbia is providing an exploration focus for Britannia Gold (VSE). The junior recently entered into an agreement to acquire the Richmond Lo…
Ariel’s gold output growing
Production of 10,186 oz. gold was reported by Ariel Resources (VSE) for the fiscal year ended Sept. 30, 1992. Ariel operates the Tres Hermanos mine in Costa Rica. Processing occurs at the company’s Ma…
Loubel, Temisca raise funding
A pair of Quebec juniors headed by Gilles Fiset recently completed public offerings. Loubel Exploration (ME) says it raised $347,500, the proceeds to be used for exploration work at the Chassignole pr…
High River drills Snow Lake project
A deep drill program has commenced on High River Gold Mines’ (TSE) Snow Lake gold mine property near Snow Lake, Man. A deep drill hole has been positioned to intersect the Dick zone at the 3,200-ft. l…
Regal director makes trades
A director of Regal Goldfields (CDN) emerged as an active trader of the company’s shares last December, when an exploration program on Regal’s diamond properties was getting under way. According to th…
Mines minister promises review of regulations
The newly appointed minister of Energy, Mines and Resources Canada told British Columbia mining executives that his ministry will begin a review of the country’s current regulatory framework for resou…
ODDS ‘N’ SODS — Surprises at a state-run operation
After two and a half years of doing business with some of the largest mining corporations in Asia, we were excited to finally receive government approval to visit a new, state-run modern surface minin…
Northern Crown plans Mexican drilling
An initial 16-hole drilling program is set to start at the Guadalupe property owned by Northern Crown Mines (VSE). Drill footage on the Mexican property will total 6,000 ft. and test about 1,000 ft. o…