Queenston and Strike cut four sulphide zones
The fifth hole of a 5-hole program at the Robertson base metal property near Matachewan, Ont., has intersected four zones of banded, disseminated to semi-massive sulphide mineralization, including a 1…
Articles by Northern Miner Staff
FUTURES PRICES (February 25, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Feb 113.20 110.80 110.80 — 0.20 Mar 112.70 109.70 110.05 + 0.05 Apr 108.50 108.50 108.20 — 0.20 SILVER (in US c…
News In Brief Carnes Creek Exploration
Carnes Creek Expl. Ltd. has changed its name to Marathon Telecom Corp. with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Montreal Trust.
Agnico completes 61 holes at Eagle West gold discovery
More than 31,000 ft. of surface drilling in 61 holes have been completed by Agnico-Eagle Mines (TSE) at its Eagle West zone showing in northwestern Quebec, the gold-silver producer reports. Original d…
News In Brief ASARCO
Asarco Inc. (AR:NYSE) has declared a regular quarterly dividend on the common stock of 40^ per share payable March 1 to stockholders of record at the close of business on Feb. 14.
Defer Eagle River production, feasibility study recommends
Toronto-based Central Crude (TSE) is working on an alternate mining plan for the Eagle River gold project following a recommendation from joint venture partner Hemlo Gold Mines (TSE) that production a…
FINANCING (February 25, 1991)
Pacific Century Explorations Ltd. — 800,000 units consisting of one sh & two wts offered @ 40 cents per unit. Consolidated Ramrod Gold Corporation — 1,300,000 units consisting of one sh & one wt off…
Bio-oxidation planned Homestake, U.S. Gold team up to develop
A new partnership between Homestake Mining (NYSE)and U.S. Gold (NASDAQ) will provide for further exploration and development of the Tonkin Springs property in the prospective Battle Mountain-Cortez go…
Pioneer finalizing Pegasus settlement
The agreement reached late last year to settle all legal disputes between Pioneer Metals (TSE) and Pegasus Gold Mines (TSE) is near completion. The agreement was conditional upon the verification of c…
Placer drops option on Sask. gold bets
Vancouver-based Placer Dome (TSE) has dropped an option to earn in on two gold properties near Claude Resources’ (TSE) Seabee property in Saskatchewan. Placer Dome will not be continuing an option on …
Good results at David/Lew
Drilling on the David/Lew project near Cranbrook, B.C., continues to return good gold values with the best hole, 90-43, intersecting 36 ft. grading 0.37 oz. gold per ton. The project is a 50-50 joint …
Editorial Helping the USSR
The Soviet Union is going to need a lot of help from the West if it plans to continue the reform of its economy. There are, for example, a number of Canadian mining and consulting companies eager to l…