Exall, Menora active in Mexico
Two Canadian juniors on the exploration trail in Mexico are Exall Resources (TSE) and Menora Resources (ME). Exall recently took over a local Mexican company, Cerro de Cobre, and with it, options on t…
Articles by Northern Miner Staff
Waddy completes Komis check assays
A program of check assays on drill core from its 100% owned Komis gold property near La Ronge, Sask., was recently completed by Waddy Lake Resources (TSE). Because of the presence of “free gold” in th…
Value of mineral exploration in Yukon drops in 1992; Placer
Last year’s US$2.5 million drill program produced “encouraging results”, but not enough information for Placer Dome (TSE) to make a reliable estimate of the resource on the Las Cristinas gold property…
Court reserves judgment in Brookbank appeal case
After hearing submissions from both companies during the week of Jan 11-15, the Ontario Court of Appeal has reserved judgment on the appeal of Metalore Resources (TSE) of a 1990 decision that awarded …
PRODUCER PRICES (January 25, 1993)
ALUMINUM: MW U.S. market US57-58 cents per lb. (Jan. 8, 1993). ANTIMONY: MW New York dealer US78-88 cents per lb. (July 30, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992). CAD…
INSIDER TRADING — Christensen takes profit on Lytton
The chairman of Lytton Minerals (TSE), William Christensen, made a substantial profit on his holdings in the diamond explorer in late 1992. According to the Ontario Securities Commission’s OSC Bulleti…
Tenajon plans work program for Alamos copper property
An exploration program by Tenajon Resources (VSE) is expected to begin shortly on the Alamos property, a large porphyry copper target in Sonora, Mexico. Tenajon said the property hosts several targets…
METALS MARKETS — Metals trade wars are heating up
The number of trade penalties imposed by OECD governments reacting to domestic complaints of dumping by foreign suppliers is up sharply. Those charged are accused of dumping product at prices below ei…
Tri Origin drilling at Lewis Ponds
A drilling program designed to follow up previous intersections of a 20-metre-thick sequence of massive, disseminated and fragmental sulphides is under way at the Lewis Ponds project of Tri Origin Exp…
KWG extracts bulk sample
Joint venture partners KWG Resources (ME) and SEG Exploration (ME) have completed the extraction of a 29,000-ton bulk sample from the No. 1 vein system on their Granada gold property near Rouyn-Norand…
Work under way at Mobrun project
The first phase of development at the 1100 lens at the Mobrun polymetallic property, 19 miles northeast of Rouyn-Noranda, Que., is under way, Audrey Resources (TSE) reports. By the end of 1992, the sh…
PEOPLE — PEGASUS GOLD (January 25, 1993)
Steven Banning appointed vice-president, operations.