Crystal Peak awaits permits
Management of Polestar Exploration (VSE) is putting some of the blame for the loss of its listing on NASDAQ on continued delays in receiving operating permits for the Crystal Peak garnet quarry near H…
Articles by Northern Miner Staff
Drop in value of mineral output worries MAC
Concern about Canada’s 1991 mineral production results released by Energy, Mines & Resources (EMR) has been expressed by the Mining Association of Canada (MAC). Based on estimates prepared by EMR, the…
$400,000 program planned for Brewery Creek project
A $400,000 exploration program will begin shortly on the Brewery Creek property near Dawson, Yukon, a bulk-tonnage gold project owned 51% by Hemlo Gold Mines (TSE) and 49% by Loki Gold (VSE). The prog…
Queenston takes control of Thermal
Queenston Mining (TSE) has signed a letter of intent to purchase 30.5%, or 3.5 million shares, of Thermal Exploration (ASE) at 35 cents per share. Thermal has a 50% interest in the Williams Creek copp…
Correction (February 17, 1992)
“U.N. Earth Summit” (T.N.M., Jan. 20/92) incorrectly identified Kenneth McCready of TransAlta Utilities as spokesman for Canada’s mining industry at the June, 1992, United Nations Conference on Enviro…
GOLD FUNDS (February 17, 1992)
BGR Central Net Value $8.31 $5.22 Price $7.75 $4.650 Discount 6.75% 10.9% Value $49,490,000 $78,232,995…
Kingswood cuts 60-ft. gold zone
Further drilling at Kingswood Explorations’ (ASE) 24-claim Devon property near Matheson, Ont., has intersected a wide, gold-bearing zone called the “Thunder zone.” Hole 92-16 intersected 57.7 ft. grad…
New financing for Radisson
A recent private placement at 20 cents per share raised $170,000, Radisson Mining Resources (ME) reports. The proceeds will be used to start an exploration program on the company’s Duquesne property n…
Starmin, Adonos update Hinobaan reserve estimate
Shareholders of both Gateford Resources (ASE) and Landmark Corp. (TSE) recently approved an amalgamation of the two companies. The name of the amalgamated company will be Landmark Corp.
LETTERS TO THE EDITOR (February 17, 1992)
Every week I read The Northern Miner hoping to see a change in the stability of the mining industry, and yet it never comes. The articles describing the bickering between the provincial and federal go…
Miller’s Musings (February 17, 1992)
Times are tough in Canada. Not only is the economy stalled in a recession, but even when the recovery comes, we will have to find our way in a global village where the street signs keep changing. To c…
Minnova moves three drills on to Benoit property
A third drill rig has been added to the Benoit gold project in the Quevillon area northeast of Rouyn, Que., where Freewest Resources (TSE) made a significant gold discovery last winter. Two of the rig…