Articles by Northern Miner Staff


Quintette loses appeal on award

The British Columbia Supreme Court has denied an appeal by Quintette Coal to have portions of the price award issued last month by an arbitration panel set aside. Quintette had appealed the $46 millio…


FINANCING (July 02, 1990)

Dryden Res — 700,000 offered @ 96 cents per unit. Berglynn Res — 700,000 offered @ 56 cents per unit. Candela Res — 1,450,000 offered @ $1.32 per unit. Island-Arc Res — 600,000 offered @ 55 cents …


GOLDFUNDS (July 02, 1990)

MVP BGR Central Capital Net value $10.46 $5.53 $0.34 Price $9.50 $5.625 $0.20 Discount %9.18% %1.7% 41.2% Value $62,277,379 $94,636,688 N/A…



Glimmer focuses on Hislop project

The last three holes of an 18-hole drilling program on Glimmer Resources’ (VSE) Beatty-Hislop property will get under way sometime in July. Noranda (TSE), Glimmer’s joint venture partner, will also pr…


Golden Pacific plans to drill Penon bet

A recently completed exploration program on the Penon Blanco property owned by Golden Pacific Resources (ASE) has the company planning a drilling program. The property is located near Coulterville, Ca…


U.S.REPORT Cash infusion boosts Plexus’ outlook

At first glance, the balance sheet of Plexus Resources (TSE) as of March 31, 1990, would give most investors an itchy trigger finger. At that time, working capital was a negative US$4.7 million while …


Kimex, Wabigoon in option deal

A formal agreement has been completed by Kimex Resources (ME) and Wabigoon Resources (COATS) which gives Kimex the option to earn a 50% interest in Wabigoon’s Hunter gold property in Whitney Twp., nea…


IOCC GOLD OPTIONS (July 02, 1990)

Options Open Series Volume Last Interest Aug. 360 C 164 6.30 432 Aug. 370 C 127 3.50 423 Nov. 360 C 84 15.00 158 Nov. 370 C 166 10.00 258 Nov. 380 C 121 7.10 352 Nov. 410 C 50 2.50 342 Nov. 440 C 100 …


Dromedary intersects massive sulphides

Recent drilling on the Dromedary Mountain project 150 miles north of Whitehorse, Yukon, intersected stratabound sulphide mineralization, mainly pyrite and pyrrhotite, including a 14-ft. thick horizon …



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