Kalahari cuts good grades at La Currita
Drilling on the La Currita property near Chihuahua, Mexico, is returning good gold-silver intersections over wide widths. The La Currita property is leased to Kalahari Resources (VSE) which has the r…
Articles by Northern Miner Staff
TSE Short Positions (July 15, 1991)
Semi-monthly reports as of Jun 15, showed 24,245,977 shares of 564 issues compared with 22,603,148 shares of 583 issues on May 31. Larger individual positions included: Amer. Barrick 228,112; Aur Res….
Noble, Dejour form new junior
Noble Peak Resources (ASE) and Dejour Mines (TSE) have formed a new company to carry out exploration on their jointly held ground within the Rankin- Ennadai greenstone belt. MH Resources, which recen…
U.S. REPORT Westchester explores Golconda
Colorado-based Westchester Mining recently negotiated a lease with option to purchase of the Golconda mine property in Baker Cty., Ore. Terms of the transaction were not released. The privately held …
Montreal Exchange Lyon Lake active
Investors were in a positive mood during the week ended July 9. The general market portfolio index jumped by 23.7 points and the mining and minerals index gained almost seven points. Daily trading vol…
EDITORIAL PAGE Building on resources
Those who would have us abandon our resource-based economy would do well to study the most recent figures on the contribution resources make. Minerals, energy and forestry combined account for more t…
U.S. REPORT Cathedral, Pacific Sentinel plan exploration work
An aggressive exploration program is being planned by Cathedral Gold (TSE) and Pacific Sentinel Gold (VSE) to outline and test targets on mineral properties totalling 300,000 acres near Anchorage, Ala…
Wildcat hole under way at Cobalt
A wildcat hole designed to test for deep-seated base metal deposits is under way at Agnico-Eagle Mines’ (TSE) property in Coleman Twp., near Cobalt, Ont. Legacy Explorations (CDN), which is earning a…
Alberta Stock Exchange Trump gets to work
Shares of Trump Reserve Minerals traded moderately in the week ended July 9, as surface exploration got under way at the company’s Benoit gold bet in northern Quebec. The 44-claim property is close to…
FINANCING (July 15, 1991)
Pegasus Gold Inc. – 3,000,000 com shs and 1,000,000 wts to purch com sh in units offered @ $15.50 per unit. Teck Corporation – 4,300,000 units consisting of 1 Cl B subordinate voting sh and 1/2 wt o…
$1-million drilling program under way at Polaris-Taku
Drilling is now under way at the Polaris-Taku gold property, about 65 miles south of Atlin, B.C. Suntac Minerals (VSE) is earning a 60% interest in the property from Rembrandt Gold Mines (ASE). To d…
TORONTO STOCK EXCHANGE INDICES (July 15, 1991)
July 09 July 08 July 05 July 04 July 03 HIGH LOW Comp”300″ 3497.39 3488.81 3482.21 3485.45 3479.07 4009.47 3009.91 Metals & Minerals 3178.44 3156.35 3160.20 3177.86 3155.08 3453.06 2502.63 Integra…