Gaspe conference
The Gaspe Prospectors Association (L’Association des Prospecteurs Gaspesiens), in co-operation with the Quebec Ministry of Energy and Resources, will host a symposium June 12-14 on prospecting in the …
Articles by Northern Miner Staff
U.S. REPORT MinVen acquires balance of Stibnite
With the purchase of the other 50% interest in the Stibnite heap leach gold mine from Pegasus Gold Mines (TSE), MinVen Gold (TSE) now controls 100% of the open pit operation. Pegasus recently acquire…
U.S. REPORT LAC starts drill program on Blue Moon project
A first-stage, US$1 million exploration program is now in progress at the Blue Moon project in Mariposa Cty., Calif. LAC Minerals (TSE) recently finalized an option agreement with property owner, Co…
PEOPLE INTERNATIONAL MAHOGANY
Anton Hendriksz appointed chairman of the board succeeding Donald Busby who resigned.
PEOPLE GENTRY RESOURCES
Gerald Ross appointed chairman of the board and chief executive officer; Hugh Ross appointed president and chief financial officer; Kecha Panchmatia appointed secretary-treasurer.
Assays confirm significance of Westmin drilling
While one exciting drill hole does not an orebody make, it was enough to take the sting off disappointing 1991 first-quarter financial results released by Westmin Resources (TSE) at its annual meeting…
Plexus reports quarterly loss
Gold producer Plexus Resources (TSE) reported a net loss of US$506,000 in the 1991 first quarter because of adverse weather conditions and the installation of a new conveyor at the joint venture Dento…
Crude will take Eagle River to production `with or without’ Hemlo
The Eagle River gold deposit in the Mishibishu Lake area of northern Ontario will enter production “with or without” the help of 60% owner Hemlo Gold Mines (TSE), says Richard Nemis, president of Cent…
Correction (May 20, 1991)
Contrary to what was reported in The Northern Miner (May 6/91), Deak Resources director Douglas Hume recently bought 9,000 shares for 54 cents to hold 147,500.
NEWS IN BRIEF (May 20, 1991)
Storimin Exploration (ASE) said it is planning surface work, and possibly a drilling program, this summer at its recently acquired base metal property in Robertson Twp. in northeastern Ontario, adjace…
FINANCING (May 20, 1991)
Goodgold Resources Ltd. — 1,000,000 units consisting of 1 sh and 2 wts offered @ 40 cents per unit. International Impala Resources Ltd. — 650,000 non-flow through units consisting of 1 non-flow th…
Timmins Nickel, Dumont in deal
An agreement has been entered into by Timmins Nickel (TSE) and Dumont Nickel (ME) whereby Timmins will spend up to $5 million to acquire a majority interest in, and act as operator of, the Dumont nick…