NEWS ROUNDUP — Central Crude drills Moss Lake
Drilling by Central Crude (TSE) continues at the Moss Lake gold prospect in northwestern Ontario, Tandem Resources (ME) and Storimin Exploration (ASE) report. Four holes have been completed, with good…
Articles by Northern Miner Staff
Program to teach market investors
The Canadian Shareholders Association, a non-profit organization based in Windsor, Ont., has launched a new, 5-year program designed to teach Canadians the principles and methods for successfully inve…
More high-grade copper intersected at Cerattepe
Recent drilling by Cominco Resources International (TSE) intersected exceptional thicknesses of high-grade copper mineralization within the previously defined limits of the Cerattepe copper deposit in…
NEWS ROUNDUP — Freewest discovers copper-bearing float
High-grade copper-bearing float has been uncovered by Freewest Resources (TSE) in the Bathurst mining camp of northern New Brunswick. The company says several sub-angular boulders of chloritic mudston…
Fairfield moves second shipment
A second sale of high-grade ore to Noranda (TSE) was recently announced by Fairfield Minerals (TSE). The 1,500-ton shipment is estimated to contain a minimum of 6,500 oz. gold. The second sale is expe…
U.S. ROUNDUP — Drilling continues at Haile property
Drilling, engineering and environmental studies are continuing at the Haile gold property near Kershaw, S.C., where three rigs are currently operating. The property is under the control of Amax Gold (…
Morgain options Mexican deposit
Toronto-based Morgain Minerals (VSE) has been granted an option to acquire a 100% interest in the Cuatro Hermanos property, a copper-molybdenum prospect southeast of Hermosillo in Sonora, Mexico. Unde…
U.S. ROUNDUP — St. George completes Dean construction
Despite some startup delays, St. George Metals (VSE) recently began heap-leaching operations at its Dean underground gold mine in Nevada’s Battle Mountain district. The company is operating under a pi…
PRODUCER PRICES (November 23, 1992)
ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
U.S. ROUNDUP — Remediation plan for Asarco plant
An agreement on a proposed remediation plan for the 106-year-old Globe metals processing facility and surrounding areas has been reached with the state of Colorado, Asarco (NYSE) says. Asarco would un…
Rhonda, Aaron secretive about plans
Joint venture partners Rhonda Mining (ASE) and Aaron Oil (ASE) may or may not have started to drill-test a diamond target this month on their Fort a la Corne property near Prince Albert, Sask. Peter G…
Cyclone samples Somerset claims
The first four samples taken from outcropping kimberlites on Cyclone Capital’s (VSE) Somerset Island claims in the Northwest Territories have been crushed, concentrated and will be sent to John Gurney…