Articles by Northern Miner Staff

Exall option lapses

Stephen Roman, president of Exall Resources (TSE), says he did not exercise an option to buy all or part of Denison Mines’ (TSE) interest in Exall. Roman has decided instead to focus on raising funds …







FINANCING (August 24, 1992)

Arrowhead Res. Ltd. – 4,000,000 shs offered, with 2,000,000 shs guaranteed and 2,000,000 shs on a Best Efforts basis @ 20 cents per sh. Sundance Res. Ltd. – 2,200,000 shs offered, with 200,000 shs gua…


TORONTO STOCK EXCHANGE INDICES (August 24, 1992)

Aug 18 Aug 17 Aug 14 Aug 13 Aug 12 High Low Composite”300″3377.82 3379.78 3368.47 3360.45 3377.75 4009.47 3009.91 Metals&Minerals 2990.72 3007.99 2973.02 2952.37 2948.27 3453.06 2502.63 Integrated Min…


MinVen loan is restructured

A $7 million loan which was to have been paid in full last January has been restructured by Citibank and MinVen Gold (TSE). Under the terms of the agreement, Citibank has released MinVen from various …


Correction (August 24, 1992)

A recent hole drilled on Trader Resources’ (TSE) 50% owned Mikwam property in northwestern Quebec returned 1.6 ft. grading 0.07 oz. gold per ton, rather than 0.7 oz. gold (T.N.M., Aug. 17/92). Trader …


Cons. Nevada increases output

Production from a new mine enabled Consolidated Nevada Goldfields (TSE) to turn out a total of 28,132 oz. gold during its fiscal year ended June 30, more than double the previous year’s production of …


Friedland acquires Mt. Grant control

A control position in Mt. Grant Mines (VSE) was recently purchased by Robert Friedland, best known for his management of Galactic Resources during the buoyant 1980s. Friedland purchased more than 2.7 …


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