FINANCING (June 25, 1990)
VANCOUVER Beauchamps Expl — 600,000 sold for gross $360,000. Link Res — rt exerc on 180,000 @ 52 cents per sh. Omega Gold — 1,000,000 sold for gross $810,000. Waterford Res — rt exerc on 200,000 @…
Articles by Northern Miner Staff
Canchrome uncovers chromite values
Recently completing drilling programs on two chromite properties in Quebec’s Eastern Twps. was Canchrome Mines. On the Reed Belanger property, 22 holes representing 6,425 metres were drilled. The comp…
Dynamic changes
Shareholders of investment management company Dynamic Capital Corp. recently approved a name change to Dundee Capital Corp. and a reorganization of the share capital. Each holder of common or subordin…
News in Brief Repadre Resources
Repadre Resources has changed its name to Repadre Capital Corp. (RPD:VSE) on a share-for-share basis. Transfer agent is Pacific Corporate Services Ltd.
Gem Safari planned for `Down Under’
A Vancouver mining engineer and gemmologist will lead a tour of Australia for hunters on the trail of opals, sapphires and other gems. Led by Ron Stokes, the opal and gem safari will run from late Oct…
PRODUCER PRICES (June 18, 1990)
ALUMINUM: MW U.S. Market US74.50- 75.50 cents per lb. (Jun. 7, 1990). ANTIMONY: New York dealer US82-84 cents per lb. (Apr. 19, 1990). BISMUTH: New York dealer US$3.65-3.75 per lb. (Jun. 7, 1990). CAD…
Feasibility indicates QPX’s QR can be put into production
Based on the positive recommendations of an independent feasibility study, QPX Minerals (TSE) is looking to place its 100% owned QR gold deposit near Quesnel, B.C., into production. The study, done by…
BMR encouraged by drilling
Recent drilling on the America Mine project owned and operated by BMR Gold (VSE) has further delineated the area where the company hopes to start open pit mining. The America Mine is in San Bernardino…
INSIDE Environment watch
For mining companies, the increasingly rigorous environmental standards being established are creating unexpected costs. The larger, cash rich companies have been able to absorb these costs, but the i…
Shaft commissioned at Trout Lake
Ore is now being hoisted up the newly commissioned 2,100-ft. shaft at the Trout Lake mine owned 29% by Granges (TSE), 44% by Hudson Bay Mining & Smelting (TSE), and 27% by the government of Manitoba. …
INSIDE No Murray Pezim
Promoters play a key role in getting junior mining ventures off the ground, but not all promoters come from the same mold as Vancouver’s flamboyant Murray Pezim. John Ternowesky, a Thunder Bay grain h…
INSIDE Eskay Creek
A full report on the Eskay Creek area in northwestern British Columbia is included on pages B8-B11.