Noranda intersects new Matagami zone
A surface drilling program by Noranda Exploration, a unit of Noranda (TSE), on its 100% owned Bell Allard South property near Matagami, Que., has intersected a new deep massive sulphide zone. One of t…
Articles by Northern Miner Staff
INSIDER TRADING — Gerle director sells in mid-rally
Midway through a runup in the price of Gerle Gold (VSE) shares, director William Wolodarsky sold about a third of his stake in the junior diamond explorer. According to the Ontario Securities Commissi…
Rosebud stepout drilling returns erratic values
Results from eight drill holes outside the known gold resources at the Rosebud property in Nevada recently returned erratic, discontinuous gold values. The Rosebud project is a 49-51 joint venture bet…
NEWS IN BRIEF (December 14, 1992)
Eagle Pass Resources Ltd. (EGP:VSE) has changed its name to Starcore Resources Ltd. (SOE:VSE) with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust Co….
Caledonia sells Richmont shares
Net proceeds of about $1.5 million were realized by the sale of its 1.36 million shares of Richmont Mines (TSE), says Caledonia Mining (TSE). Richmont reported gold production of 14,162 oz. during the…
Orco to drill three properties
Quebec junior Orco Exploration (ME) has announced that it will commence drilling on three properties in the Rouyn-Noranda area of Quebec within the next few weeks. The first program will be undertaken…
Skyline reviews funding options
After winding down exploration efforts at its claims in the Iskut River area of northwestern British Columbia this past summer, Skyline Gold (TSE) is reviewing its exploration and financing options fo…
Summer drilling work increases Williams Creek copper
As a result of this summer’s drilling on the Williams Creek copper-oxide deposit near Carmacks, Yukon, partners Western Copper Holdings (VSE) and Thermal Exploration (ASE) have upped preliminary reser…
Cameco to assess gold prospect in Kirghizstan
A gold deposit in the southeastern, mountainous region of the Republic of Kirghizstan has drawn the attention of Cameco (TSE). The Saskatoon-based company says it signed an agreement with the prime mi…
Central Crude plans two more holes
The fifth hole of a 5-hole drilling program at the Moss Lake project in northwestern Ontario cut a 62.3-ft. section grading 0.054 oz. gold per ton, Central Crude (TSE) reports. The program was designe…
Tri Origin placement
Toronto-based Tri Origin Exploration (TSE) has raised at least $550,000 through a private placement of 440,000 units at $1.25 per unit, the company reports. Each unit consists of one common share and …
Prairie Creek stepout drilling expanding tonnage potential
Stepout drilling on the Prairie Creek mine project 300 miles west of Yellowknife, N.W.T., continues to expand the project’s tonnage potential. San Andreas Resources (VSE), the operator on the property…