Globex, Hemlo announce assays
Gold values were encountered in five holes drilled this summer at the Duquesne West property in Duparquet Twp., Que., Globex Mining Enterprises (ME) reported. The most significant intersection, the ju…
Articles by Northern Miner Staff
Vancouver Stock Exchange (September 23, 1991)
Gold offered little help to the market during the week ended Sept. 17. Sentiment for the yellow metal remained decidedly negative with many pundits calling for further weakness from the US$345-per-oz….
Staking allowed in Eskay area
A “no-staking” reserve covering part of the Eskay Creek area in northwestern British Columbia was lifted by the provincial government early in September. The 19,600-hectare reserve was imposed in Apri…
Unlisted Trading (September 23, 1991)
Horne Fault Mines plummeted during the week ended Sept. 17 after the company was given the option to acquire a 2.2% net smelter return on a tailings recovery operation in the southwest U.S. Trading 13…
INSIDER TRADING (September 23, 1991)
Shares of Equinox Resources (TSE) have fallen slightly since results from the company’s Rosebud gold joint venture with LAC Minerals (TSE) drove the issue to a 52-week high of $3.25. But as indicated …
PRODUCER PRICES (September 23, 1991)
ALUMINUM: MW U.S. market US56.50-58.00 cents per lb. (Sep. 12, 1991). ANTIMONY: New York dealer US82-84 cents per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.15-3.25 per lb. (Jul. 18, 1991). CAD…
Drilling expands South Kemess property
Drilling on the South Kemess property in north-central British Columbia is adding to reserves with the first nine holes of the 1991 exploration program returning an average intersection of 262.3 ft. g…
Success at Grevet prompts optimism for entire area
The reserve potential of the Grevet zinc project in northwestern Quebec continues to be tested by joint project partners VSM Exploration and Serem Quebec. VSM of Montreal and Serem, an exploration com…
Alaskan fair
Keynote luncheon speakers at the 1991 Alaska Miners Association Annual Convention and Trade Fair scheduled for Nov. 4-8 at Anchorage, Alaska, will be Willie Hensley and John Rense of the NANA Regional…
Varitech uncovers enriched zone
Recent drilling on the Big Onion property near Smithers, B.C., intersected a near-surface enriched copper zone, Varitech Resources (VSE) reported. The company said holes BO-91-1 to 4 of the 1991 phase…
Success at Grevet
The initial drilling success at the Grevet zinc project in northwestern Quebec has given rise to a feeling that the area has great potential. As a result, the two partners on the project, VSM Explorat…
Deak, Kennecott team up on exploration near Kerr mine
Deak Resources (TSE) and Kennecott Canada, a unit of Utah-based Kennecott Corp., are teaming up to explore areas of mutual interest to the east of Deak’s Kerr gold mine near Kirkland Lake, Ont. The co…