Articles by Northern Miner Staff

FINANCING (August 27, 1990)

Coronet Metals Inc — 700,000 offered @ 50 cents per sh. Avondale Resources Inc — 2,000,000 offered @ $1.22 per unit.


Sixth year of profits for Imperial

With earnings of $1.77 million or 8.7 cents per share, Imperial Metals (TSE) is reporting its sixth consecutive year of profitable operations. The results were about half the $3.18 million or 19 cents…


Minorca encounters more high grade gold

Val d’Or, Que., company Minorca Resources (VSE) is considering a 10,000-ft. drill program for its Santa Anna property near La Sarre, Que., after encountering more high-grade gold values within the No….


Brosnor meeting

Shareholders of Brosnor Exploration (ME) will vote on a proposed corporate consolidation at a Sept. 29 meeting. Proposed is a consolidation based on seven old shares for one new share. Also proposed i…


Fortune begins work on Newfoundland bet

Using a public financing completed in July, Fortune Bay Resources (VSE) will begin trenching and drilling on its Isle Aux Mort gold property this month. Fortune will be investigating a sheeted quartz …


QPA convention

The 16th annual convention of the Quebec Prospectors Association will take place Sept. 12-14 at Val d’Or, Que. Theme of the conference, and topic of a panel conference on the Thursday morning followin…


News In Brief (August 27, 1990)

Starlight Energy Corp. (SEY: VSE) has changed its name to Hansa International Resources Ltd. (HAN:VSE) on a 1-new-for- 3.5-old-share basis. Transfer agent is Central Guaranty Trust.


METAL PRICES FUTURES PRICES (August 27, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 132.50 131.70 132.05 — 1.95 Sept 132.50 130.50 131.75 — 1.10 Oct 129.00 129.00 129.80 — 0.05 SILVER (in US…


Court puts Aur, Louvem to square one

Having won more time to consider all of their options relating to the Louvicourt Twp. base metal discovery, officials from Noranda (TSE), Aur Resources (TSE) and St. Genevieve Resources (TSE) have res…


Asarco extends Taseko drilling

Additional assays were released by Westpine Metals (VSE) from recent drilling on the Taseko copper-gold project, 140 miles north of Vancouver, B.C. The drill program is being funded by a unit of Asarc…


U.S.REPORT Asset sale hikes CoCa Mines income

Denver-based CoCa Mines (TSE) reports net income of US$586,100 (5 cents per share) on revenue of $5.3 million for the quarter ended June 30, compared with a net loss of $399,700 (4 cents per share) on…


Minnova uncovers new zone near Winston Lake mine

Persistent exploration efforts by Minnova (TSE) around the company’s Winston Lake mine near Schreiber, Ont., have resulted in the discovery of a significant new zinc-copper zone about 1.5 km southwest…


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