Deak intersects zinc values
The sixth hole drilled by Deak Resources (TSE) on its Magusi base metal property in northwestern Quebec intersected 9.5 ft. grading 8% zinc within an interval of 18.5 ft. grading 5.5% zinc. The values…
Articles by Northern Miner Staff
Noranda drilling Glimmer property (April 01, 1991)
A fourth phase of diamond drilling has begun on the Hislop Twp. gold property of 60/40 partners Noranda (TSE) and Glimmer Resources (VSE) in northeastern Ontario. The property is situated along Hwy. 1…
Bunker Hill to flood mine VANCOUVER
Following the suspensions of operations earlier this year at its lead-zinc-silver mine near Kellogg, Idaho, Bunker Hill Mining (TSE) has announced it will allow the mine’s lower levels to flood in ord…
U.S. REPORT Bunce drilling expanding zone
A drilling program on the Bunce gold property in Pershing Cty., Nev., has extended the Bunce Discovery zone to the north and northeast. Annabel Gold Mines (VSE) is earning a 44% interest in the proper…
Teck options NEBEX prospect
Vancouver-based Teck (TSE) has signed an option agreement with NEBEX Resources (ASE) to earn a 51% stake in NEBEX’s 7,200-acre Brunswick Extension base metal property near Bathurst, N.B. Situated two …
Offshore plays draw Canadian juniors
As the 1990s unfold, many Canadian mining companies are looking beyond our borders to develop low-cost gold or base metal projects in Central and South America. One obvious benefit of this internation…
U.S. REPORT Cyprus drilling Crypto
Preliminary drilling results have been released by Cyprus Minerals (NYSE) from the Crypto project near Salt Lake City, Utah. Cyprus is earning a 100% interest in the project from Noble Peak Resources …
Prospectors play a big role in young Mining Hall of Fame
While there’s quite a difference in their ages, a strong bond has quickly developed between the veteran Prospectors and Developers Association of Canada and the much younger upstart–the Canadian Mini…
Mexico’s new rules draw flood of activity
Interest in Mexico’s mineral potential is being stimulated by recent changes to the country’s mining and tax regulations which have streamlined the process of granting mining rights and permitted 100%…
LETTERS TO THE EDITOR Anti-engineering comments hurt
It is people like A. Chamot (“Engineers deserve a ‘good swift boot’,” T.N.M., Jan. 28/91) who really make me mad. It seems Chamot has a profound dislike of the engineering profession verging on the bo…
Northgate writes down investment in Colomac
Toronto-based Northgate Exploration (TSE) and affiliate NorthWest Gold (AMEX) have joined the growing list of Canadian gold producers to have included substantial writedowns on resource properties wit…
Inco debentures
A US$150-million issue of Inco’s (TSE) 25-year debentures, which are being sold in the U.S., will carry an interest coupon of 7.75% per year. The debentures are convertible into common shares of Inco …