FINANCINGS (April 27, 1998)
Riverdance Resources has closed a $152,000 private placement consisting of approximately 1 million units priced at 15cents.Each unit consists of one share and one warrant entitling the purchase of an …
Articles by Northern Miner Staff
Drilling expands San Nicolas
Recent drill results from the San Nicolas discovery in Mexico’s Zacatecas state have expanded the massive sulphide deposit. The body appears to be closing off to the northeast and northwest, but remai…
NEW LISTINGS — Bice exploring near Kirkland Lake
Newly listed Bice Ventures (BVT-V) holds the rights to the Chartre-Dufresene property, near Kirkland Lake, Ont.Gold, copper and silver mineralization occurs on the property in quartz stringers within …
NEWS IN BRIEF (April 27, 1998)
Blue Ribbon Resources (BLO-V) has changed its name to New Blue Ribbon Resources (NBL-V) on a 1-new-for-5-old-share basis.
Rex finances exploration program
Proceeds from diamond sales are enabling Rex Diamond Mining (RXD-T) to finance ongoing exploration in Sierra Leone.The Toronto-based company recently generated US$5.8 million by selling 26,260 carats …
Moss and Greenshield plan drilling
Equal partners Moss Resources (MRS-T) and Greenshield Resources (GSR-M) are set to begin drill testing their Curregan property, near Timmins, Ont., in an effort to identify a volcanogenic massive sulp…
Property writedowns lead to year-end loss for Viceroy Resource
Writedowns to the tune of $9.3 million contributed to a year-end loss for Vancouver-based Viceroy Resource (VOY-T).The company recorded a loss of $5.5 million (or 11cents per share) on sales of $89.5 …
Yamana augments land package
With six new cateos, Yamana Resources (YRI-T) has more than doubled its land position in the silver-rich western portion of the Santa Cruz project in southern Argentina.After two successful rounds of …
MINING MARKETS AND INVESTMENT NEWS — INVESTMENT COMMENTARY — Analysts see exploration upside for Western Copper
Mining analysts Glenn Brown and Richard Gray of Canaccord Capital see more upside for Western Copper Holdings (WTC-T), a Vancouver-based junior which holds a 45% interest in San Nicolas, a classic Kur…
Index (April 27, 1998)
CareersClassifiedDiamond PageDividendsDrillersEditorialGeologyInsider TradingInvestment CommentaryLetter to the EditorMetal PricesMining Markets andInvestment NewsNew ListingsOdds’n’SodsProfessional D…
Cameco eyes Uranerz units
Uranium miner Cameco (CCO-T) has entered into an agreement-in-principle to acquire the two North American-based subsidiaries of German-based Uranerzbergbau.The deal will see Uranerzbergbau, which is j…
Partners strike gold in Greece
A group headed by Australia’s Normandy Mining (NDY-T) has made a promising gold discovery at Perama Hill, 15 km northwest of Alexandroupolis in northeastern Greece.The discovery was made by Thracean G…