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…
Articles by Northern Miner Staff
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 …
Yukon’s oldest prospector keeps active
Prospector Gordon Dickson, 78, pulls a slightly yellowed document from a folder. The date at the top reads 1946. It’s one of Dickson’s first agreements to sell mineral claims at Mount Nansen; the reci…
U.S. REPORT Parklane active in Republic camp
A total of 5,200 acres was recently optioned or staked by Consolidated Parklane Resources (VSE) during its recent land acquisition program in the Republic district of northeastern Washington. The comp…
Bema expands Refugio potential
A first-phase drilling program on the Pancho zone on the Refugio property owned 50% by Bema Gold (TSE) has outlined what the company believes is a second multimillion-ounce gold deposit on the Chilean…