GOLD FUNDS (October 14, 1991)
BGR Central Net Value $8.43 $5.03 Price $7.88 $4.400 Discount 6.57% 12.5% Value $50,185,674 $74,026,920…
Articles by Northern Miner Staff
Kaiser aims to end legal issues stalling Madeleine project
Patrick Sheridan’s much publicized bid to bring the Lac des Iles palladium-platinum project into commercial production single-handedly ended recently when he resigned as president and director of Made…
Swift explores Eskay claims
Ron Netolitzky was recently named as technical adviser on Swift Minerals’ (VSE) properties in the Eskay Creek region of northwestern British Columbia. Swift can earn a 50% interest in four claim block…
Pacific Sentinel private placement
A recently arranged private placement of 100,000 units at $1.60 per unit brings the cash position of Pacific Sentinel Gold (VSE) to over $3 million. The units include a share plus one share purchase w…
Toronto Stock Exchange (October 14, 1991)
As investors braced themselves for the fourth anniversary of the 1987 stock market crash and another round of quarterly earnings, share prices moved lower during the week ended Oct. 8. Predictions on …
Reserves up 27% at Andacollo
A 27% increase in overall minable reserves was reported by Dayton Mining (TSE) for its 100% owned Andacollo gold project in central Chile. That’s good news for Dayton, a technically oriented junior wh…
Ownership puzzle confounds efforts to develop Holloway
Companies with a stake in the Lightning gold zone east of Timmins, Ont., have gathered around the bargaining table in an effort to create a single mine property. But considering the deposit represents…
Gap zone drilling returns high grades
Stepout drilling by Westmin Resources (TSE) has returned another spectacular intersection from the Gap zone on the company’s Myra Falls mine property near Campbell River, B.C. Assays are expected shor…
Unlisted Trading (October 14, 1991)
Trouble is brewing in the boardroom of Teddy Bear Valley Mines, following recent allegations by former director Paul Zyla. Zyla, who has initiated legal proceedings against the company and Chairman Ro…
Alberta Stock Exchange (October 14, 1991)
The market reacted strongly to assays released from Takla Star Resources’ AOK property in northern British Columbia, sending the stock down 35 cents to 20 cents during the week ended Oct. 8. Takla say…
Test milling planned for Tillicum
A recent agreement between Columbia Gold Mines (VSE) and the Goldstream mine joint venture will provide for test milling and concentrating of gold reserves from Columbia’s Tillicum property near Burto…
U.S. REPORT (October 14, 1991)
With the first phase of this year’s drilling now complete, partners Arizona Star (VSE) and Glamis Gold (TSE) expect to start a second-phase program shortly on the Imperial County joint venture in sout…