Second Inco rig at Fawcett Twp.
Operator Inco (TSE) has moved a second rig on to Fort Knox Gold Resources (TSE) base metal prospect in Fawcett Twp., near Shining Tree, Ont. At the same time, core from hole SG-10, recently completed …
Articles by Northern Miner Staff
Greater Lenora retains Goldfields play
The inability of RJK Mineral (ASE) to meet an option payment due Dec. 31, 1991, means associated company Greater Lenora Resources (TSE) will retain a 100% interest in the Goldfields gold project in no…
Former gold producer — Miramar aims to reopen Flowery
Management of Miramar Mining (TSE) hopes to bring the Flowery gold mine back into full-scale production. The former producer is in Storey Cty., Nev., about 10 miles east of the famous Comstock Lode. T…
Key-Rio deal
Subject to regulatory approval, Key Anacon Mines (TSE) says it has entered into an option agreement with Rio Algom Exploration, a unit of Rio Algom (TSE), whereby Rio may earn a 60% interest in Key’s …
Dome Mountain nearing capacity
Development work and mining at the Dome Mountain underground gold mine near Smithers, B.C., is continuing as Timmins Nickel (TSE) brings the property up to operating capacity. Timmins is earning a 60%…
Missouri division may not survive
A move to save money may mean the end of Missouri’s Division of Geology and Land Survey. The budget chairman of the House of Representatives, Chris Kelly, wants to make the move because to him the div…
De Beers opening Moscow office
A Moscow office will be opened by De Beers Centenary, the diamond company said. In 1990, De Beers signed an agreement with Rossalmazzoloto, the deal including a 5-year sales contract and a US$1-billio…
Underground work boosts tonnage at Sterling mine
Recent underground development by Cathedral Gold (TSE) at its 52% owned Sterling mine increased tonnage such that the current reserve is the largest in the mine’s history. Located near Beatty, Nev., t…
Big Creek tests Cash property
Two diamond drill holes were recently completed by Big Creek Resources (VSE) at its 100% owned Cash property 70 miles from Carmacks in south-central Yukon. The property was previously explored in the …
Asarco drops Col project (February 10, 1992)
A unit of Asarco (NYSE) recently withdrew from a joint venture with Kookaburra Gold (VSE) to explore the Col copper-gold project in the Mt. Milligan area north of Prince George, B.C. Kookaburra is now…
Two Canadian firms upgrade Russian plant
Joint venture partners Watts, Griffis and McOuat and Cominco Engineering Services are proceeding with their plan to design a process control system and to upgrade the milling capacity at a Russian gol…
New formations uncovered at Eden Roc gold project (February 10, 1992)
New gold-bearing formations at eight locations have been encountered by Eden Roc Mineral (ASE) at its Cote d’Ivoire property in West Africa, the company says. Material from widely spaced reconnaissanc…