Drilling continues at Brewery Creek
A second-phase program aimed at exploration for new zones and zone extensions will be carried out over the balance of this summer and fall at the Brewery Creek gold property near Dawson, Yukon. The pr…
Articles by Northern Miner Staff
Impala, Candela strike out
No significant results were reported by Candela Resources (VSE) from a limited 4-hole drill program recently completed on the Swan copper-gold prospect in central British Columbia. An associated compa…
Stratabound set to ship first ore from CNE mine
Calgary-based Stratabound Minerals (ASE) expects to be shipping its first truckload of ore from the Captain North Extension (CNE) lead-zinc deposit in New Brunswick by the end of August. “Depending on…
Crown arranges needed financing
An investment bank has provided a firm commitment to complete a US$15-million debenture issue for Crown Resources (VSE) in Europe. The notes are due in 2001, carry a 5.75% coupon, and are convertible …
Drilling to start at Norite project
Drilling is expected to begin shortly at the Norite project in northern Saskatchewan. The property is owned by Consolidated Pine Channel Gold (VSE) and is under option to Noranda (TSE) which can earn …
Promising assays for Kirkton
Kirkton Resources (CDN) has received some encouraging results from a recently completed trenching and sampling program on its Shunsby base metal prospect in the Swayze greenstone belt southwest of Tim…
PEOPLE (August 26, 1991)
William Trimble appointed president and director; Fraser Martin appointed secretary/director.
Another hit at Myra Falls
The latest assay results released by Westmin Resources (TSE) appear to show a westerly extension of the high-grade Gap zone discovered earlier this year on the Myra Falls mine property near Campbell R…
FINANCING (August 26, 1991)
Internova Resources Ltd. – 600,000 shs offered @ 26 cents per sh. Garde, Mining Exploration Company Inc. – 860,000 units consisting of 1 class A sh and 1 wt offered @ 45 cents per sh. Southern Alberta…
PROFILE (August 26, 1991)
Early this year, nickel giant Falconbridge Ltd. placed a new man at the helm. Frank Pickard, 57, who has been with the company since the 1950s, succeeded Alex Balogh to become president in January. So…
U.S. REPORT (August 26, 1991)
Halifax-based NovaGold Resources (TSE) will begin exploration on 55 claims contiguous to its Sawtooth property in Nevada, following an agreement with the WX syndicate, a group consisting of Westfield …
Princeton faces tougher times
The first six months of this year have been tough ones for Princeton Mining (TSE) because of operating challenges and labor disputes at both its mines. The company is reporting a first-half loss of $7…