Aurizon amends Aurex deal
Vancouver-based Aurizon Mines (TSE) recently entered into a private placement agreement to purchase 500,000 common shares of 36% owned affiliate Aurex Resources (VSE) for 35 cents a share. In addition…
Articles by Northern Miner Staff
Placer drops Jualin option
A unit of Placer Dome (TSE) recently terminated an option to earn a 50% interest in the Jualin gold property owned by International Curator Resources (VSE). The Jualin property is 40 miles north of Ju…
CIM sponsors Students’ Nite in Toronto
The president of Brian E. Felske and Associates Ltd. will discuss “international mining: challenge and opportunity” at the Students’ Nite Dinner on Jan. 23 of the Toronto branch of the Canadian Instit…
PEOPLE (January 13, 1992)
Ian Gollop appointed executive vice-president. FENWAY RESOURCES George Donaldson appointed vice-president, corporate development. MERCANTILE GOLD Tim Pinchin, Don Crossley and Mark Holden appointed di…
AquaGold to produce limestone
AquaGold Resources (ASE) says it will concentrate on bringing the Glen Morrison limestone deposit near Sydney, N.S., into production after a reverse takeover of the company by Municipal Capital. Munic…
Staking reopens in four townships near Temagami
Although activity was noted around James, Best, Strathy and Cassels twps., Ont., by several observers on Jan. 7, the day the townships were reopened for staking, the number of claims staked will not b…
Madeleine seeking to file new applications for mine permits
Officials of Madeleine Mines (TSE) will meet in mid-January in Thunder Bay, Ont., with representatives of the Ontario Ministry of the Environment to allow the company to file new applications for the …
Falconbridge hits on Moneta ground
Drilling a 600-metre-long geophysical anomaly on Moneta Porcupine Mines’ (TSE) property in Godfrey Twp., near Timmins, Ont., Falconbridge intersected a narrow vein containing high-grade gold mineraliz…
FINANCING (January 13, 1992)
Bradsue Resources Ltd – 600,000 units consisting of 1 sh and 2 A wts offered @ 40 cents per unit. Canadian Comstock Exploration Ltd – 175,000 flow-through shs offered @ 45 cents per sh, also 325,000 n…
On the level (January 13, 1992)
Before closing the books on 1991, there are still a few comments from readers that I’ve failed to address, including the following letter from Westmin Resources’ project geologist Paul Lhotka, Ph.D. “…
Pioneer debt settlements net gain
A gain from the recent settlement of secured and unsecured debt pushed Pioneer Metals (TSE) of Vancouver into the black for the 9-month period ended Sept. 30. Net earnings for the period were $12.4 mi…
Sulphur producers form export group
A new marketing organization has been formed by 27 Canadian sulphur producers. Prism Sulphur Corp. began selling western Canadian sulphur to markets outside of North America as of Jan. 1. Prism will i…