Flag drilling
Calgary-based Flag Resources (ASE) is drilling a “large geological structure” on the southern boundary of the Wanapitei anomaly in Rathburn Twp., near Sudbury, Ont. Flag also plans to drill a 5,000-ft…
Articles by Northern Miner Staff
Luscar agrees to buy coal mines
British Columbia’s Energy and Mines Minister Anne Edwards has delivered some good news to residents of Elk Valley: a firm offer to buy two coal mines left in limbo by the recent bankruptcy of Westar M…
Pegasus continues Talapoosa work
Satisfied with its first phase of work on the Talapoosa property in Nevada, Pegasus Gold (TSE) is proceeding with a second-phase drilling program. Pegasus has the right to earn a 70% interest in the p…
PEOPLE — GOLDSTACK RESOURCES
Wally Dahya appointed director.
Amax shares prize with universities
The 1992 Du Pont/Conoco Environmental Leadership Award, presented for environmental excellence in the U.S. mining industry, was recently awarded to Amax Gold. The company was one of five nominees that…
PEOPLE — UNITED GUNN RESOURCES
Richard Moore, Fred Oliver, Roger Taylor, John Koonce and John Chapman appointed directors.
Yellowjack tests property for bulk-tonnage potential
An exploration program aimed at developing bulk-tonnage heap-leachable reserves has begun on a land package acquired by Yellowjack Resources (VSE) in Clarke Cty., Nev., about five miles north of Vicer…
INSIDER TRADING — Wharf director sells shares
A director of Wharf Resources (TSE), Richard Brissenden, cut his material ties to the heap-leach gold miner in September when he sold 15,000 shares at $5.37-6.25 to hold none. Wharf recently purchased…
Manor outlines new gold zones
A trenching program has outlined several new gold zones on Manor Resources’ (ASE) 194-claim Virginia property near Gander, Nfld. Trenching was carried out to evaluate four zones that had been delineat…
PRODUCER PRICES (November 09, 1992)
ALUMINUM: MW U.S. market US52.75-53.75 cents per lb. (Oct. 29, 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, 199…
Dundee-Palliser, North Amer. sell Vezza interests to
Toronto-based juniors Dundee-Palliser Resources (TSE) and North American Rare Metals (ME) have sold their jointly owned interests in the Vezza gold project in northwestern Quebec to Agnico-Eagle Mines…
Redfern expects rise in Tulsequah reserves
A recently completed drilling program at the Tulsequah Chief project in northwestern British Columbia has property owner Redfern Resources (TSE) predicting a significant increase in reserves. Prior to…