Reserve increase at Eskay Creek
The high-grade 21B zone on the Eskay Creek property north of Stewart, B.C., now hosts probable reserves of 1.19 million tons grading 1.91 oz. gold and 85.5 oz. silver per ton. This updated and upgrade…
Articles by Northern Miner Staff
GUEST COLUMN (June 01, 1992)
Suppose for example the provincial government decided it wished to have a good selection of Emily Carr paintings in its provincial gallery and it passed legislation which permitted a committee appoint…
Pacific Gold sale to Westmin
A recent letter agreement provides for Westmin Resources (TSE) to acquire all of Pacific Gold’s (VSE) interest in the Debbie, Yellow and Thistle gold properties near Port Alberni, B.C. Westmin agreed …
Minnova options Ecstall’s claims adjacent to Stronsay
A work program by Minnova (TSE) will begin this month on a large land package adjacent to Curragh Resources’ Stronsay deposit in northeastern British Columbia. Minnova can earn a 60% interest in the 1…
Cuba boosts sales of nickel to West
Cuba says it has quadrupled nickel sales to western countries and it has plans to double its nickel production by the year 2000. Dependent economically in the past on the former Soviet Union (for exam…
Aber share volume heavy as staking activity continues
Diamonds proved to be a mining investor’s best friend during the week ended May 26 as a number of issues responded to the latest developments in the Lac de Gras, N.W.T., area. Since partners Dia Met M…
Northern Crown looks to Mexico (May 25, 1992)
Gold and copper oxide targets are being actively sought by Northern Crown Mines (VSE) in Mexico, which the company believes is largely unexplored by modern techniques. At its Anita property in souther…
Cheni negotiates debt conversion (May 25, 1992)
To clean up its balance sheet, Cheni Gold Mines (TSE) recently reached an agreement with its major creditors for a conversion of most of its outstanding debt to equity. The company’s parent, Cheni S.A…
NEWS IN BRIEF (May 25, 1992)
Beretta Resource Corp. (BTR:VSE) has changed its name to Optimark Data Systems Inc. with a consolidation of capital on a 1-new-for-1-old-share basis. The transfer agent is Montreal Trust.
Latest results confirm chance of boosting Izok Lake tonnage (May 25, 1992)
Recent drilling at Izok Lake, 130 km north of Yellowknife, N.W.T., makes the copper-zinc deposit “on the borderline” of being economically viable, says Minnova (TSE) President David Watkins. About 8,0…
Canmine’s challenge for Westray fund (May 25, 1992)
Mining and exploration companies are being challenged by Canmine Resources to match a $100 donation by the junior to the Westray Mine Disaster Fund. “Profits and incomes derived from the business of m…
Sudbury wins environment award (May 25, 1992)
The municipality of Sudbury, Ont., is recognized for its efforts in reversing some of the environmental damage caused by more than a century of nickel mining, logging and natural erosion. Along with 2…