Articles by Northern Miner Staff

Beauchamps cuts copper-gold values

The first hole (92-1) of a program at the Sustut project 30 miles south of the Kemess area in British Columbia cut 121 ft. (from 43 ft. to 164 ft.) grading 0.6% copper and 0.025 oz. gold per ton, incl…


TSE Short Positions (July 27, 1992)

Semi-monthly reports as of July 15, showed 26,202,288 shares of 573 issues compared with 25,849,622 shares of 590 issues on June 30. Larger individual positions included: Aber Res. 68,500, down 49,700…


Age-dating helps in search for orebodies

The mention of age-dating may raise a few chuckles in some circles. But it really doesn’t have anything to do with pensioners going out with one another. Age-dating is the serious business of determin…


Corona acquisition gets approval

Shareholders of Homestake Mining (NYSE) voted 92% in favor of a proposal to issue about 37.3 million common shares to acquire International Corona (TSE). Homestake received the necessary shareholder a…


Record output for Casa Berardi

The Casa Berardi mine in Quebec was excluded from a list of Canada’s top 12 gold mines in a recent story (T.N.M., July 6/92). Owned by TVX Gold (TSE) and Golden Knight Resources (TSE) through a 60-40 …


Lac hedging

Lac Minerals (TSE) says it has reduced its gold hedge position to 704,000 oz. from 2.4 million oz. The company’s average hedged price increased to US$407 per oz. from US$378.



Princeton plans copper program

The proceeds of a recent private placement will be used by a wholly owned subsidiary of Princeton Mining (TSE) to explore and drill a newly optioned copper property in Chile. Last May, Minera Princeto…



Roman buying Exall interest

Stephen Roman, president of Exall Resources (TSE), has acquired an option to purchase Denison Mines’ (TSE) interest in Exall. In a separate agreement, Exall has arranged a private placement of shares …



Canadian Overseas mining diamonds

Just months after its revival on the Vancouver Stock Exchange, Toronto-based Canadian Overseas Exploration (VSE) has recovered 2,293 diamonds weighing a total of 1,096 carats from its joint venture op…


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