FINANCING (May 27, 1991)
Loumic Resources Ltd. — 350,000 shs offered @ 90 cents per sh. Procordia Explorations Ltd. — 1,000,000 shs offered @ 18 cents per sh. Loki Gold Corporation — 1,100,000 units consisting of 1 sh an…
Articles by Northern Miner Staff
PEOPLE GEOSTAR MINING
Brent Jardine appointed president and director succeeding Brian Emore who resigned as president but will remain on as a director.
PEOPLE TERITON RESOURCES
Jason Troll appointed president and director succeeding Timothy Brock who resigned; Ed Lee has joined the board of directors.
Silver price puts squeeze on Hecla’s Lucky Friday
Pocked with old mining workings, Idaho’s “Silver Valley,” officially known as the Coeur d’Alene mining district, has produced more than US$4 billion in metals over the past century. As the name would…
Potash Corp. sees sales rise
Large potash producer Potash Corp. of Saskatchewan (TSE) is confident potash usage is on the rise for the offshore market. The Saskatoon, Sask.,-based company, whose output represents about 10% of w…
Ontario miners brace for new Act
Mine managers in Ontario, Canada’s largest mining province, will be exposed to stricter environmental regulations when amendments to the province’s mining act come into effect June 3, says a Toronto l…
Debentureholders pursue Skukum
A debentureholders meeting will be held here in early June to pursue a number of allegations involving Skukum Gold (VSE) during a period when it operated the Skukum Creek gold project 55 miles southwe…
Westfield reports profit
While Westfield Minerals (TSE) recently reported a small first-quarter profit, it is suffering the effects of a decision made in 1989 to sell its mining assets to Northgate Exploration (TSE). Since th…
Centurion pulls gold values
Additional results were released by Centurion Gold (NASDAQ) from recent drilling on its 100% owned Big Horn gold property in southern California. Hole 91-5 intersected 15.1 ft. grading 0.36 oz. gold w…
Geologists meeting
More than 1,000 geologists from around the world are expected to register at a joint meeting May 27-29 in Toronto of the Geological Association of Canada, the Mineralogical Association of Canada and t…
PROFILE Queenston’s Harbinson banks on Kirkland Lake
The Kirkland Lake area in northeastern Ontario has been famous for gold production since early this century. Today it remains a staking ground for Canadian miners. Queenston Mining, for one, takes pri…
Rouyn reports quarterly output
Production of 3,450 oz. gold was reported by Rouyn Mining Resources (TSE) during the first quarter from its Francoeur mine project near Rouyn- Noranda, Que. Rouyn, the operator, and its 50-50 partner …