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…
Articles by Northern Miner Staff
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 …
U.S.REPORT Goldstake, partners awaiting permit for tailings project
A feasibility study for the Whitewood Creek tailings project in South Dakota continues as the joint- venture partners await environmental approval.
Princeton encouraged by drill program
An exploration program at the Similco copper mine near Princeton, B.C., is turning out “encouraging” results for owner, Princeton Mining (TSE). The company believes the area of exploration north of th…
Insider Trading Barrick executive profits from sale
Despite the recent drop in gold prices, American Barrick Resources (TSE) Vice-President John Lill was recently able to profit handsomely after exercising an option to buy shares of the Toronto-based p…
Platinova, Corona extend Skaergaard horizon in Greenland
Recent drilling at the Skaergaard prospect on the east coast of Greenland has extended the length of the gold-platinum group metals layer discovered last year by Platinova Resources (TSE) and Corona (…
Akiko extension
Vancouver-based Akiko-Lori Gold Resources (VSE) has until Aug. 31 to decide whether it’s going to exercise an option on Lansdowne Minerals’ (VSE) Lean-To property. The gold-silver-copper prospect is s…
Indigo Gold raises $600,000 for option
Indigo Gold Mines (ASE) expects to raise $600,000 as a result of share purchases and conversion of debentures. Tyler Resources (TSE), Indigo’s parent, has exercised 1.2 million of its share purchase w…
Thunderwood Res. starts drill program at Scott Lake bet
A 25,000-ft. drill program on the Scott Lake polymetallic property 12 miles west of Chibougamau, Que., has been started up by Thunderwood Resources (TSE) The drilling is part of $600,000 exploration p…