Revenues decline for Denison
Earnings of $15.9 million were reported by Denison Mines (TSE) for 1995, compared with $15.2 million a year earlier.Revenues fell to $64.1 million last year from $85 million in 1994. The decrease in r…
Articles by Northern Miner Staff
Survey required at Bismillah
A drill permit for the Bismillah 1 claims west of Nain, Labrador, will not be issued until an archaeological survey has been conducted there and the project is approved by the Newfoundland Department …
Drilling begins on claims near Flin Flon, Man.
Consolidated Callinan Flin Flon Mines (VSE) has started exploratory drilling on the Walter polymetallic property near Flin Flon, Man.The company plans to drill up to 10 previously untested targets, de…
Higher copper prices give Gibraltar a boost
Stronger prices for the red metal enabled Gibraltar Mines (TSE) to earn $3.4 million (or 13 cents per share) on revenue of $100 million for 1995.The figure compares with a net loss of $10 million on r…
Bolivar financing will benefit Tomi
A private placement of 4 million special warrants at $1 each will provide Bolivar Goldfields (TSE) with funding for deep drilling and feasibility work on the Tomi gold project in Venezuela.The special…
Drill programs under way at Argentine gold properties
Drilling is under way on the Veladero, Del Carmen, Rio Frio and Poposa projects in San Juan, Argentina.Argentina Gold (VSE), which holds a 60% interest in the Veladero project, reports that geophysica…
Mispec picks up Kalimantan prospect
A company jointly owned by Mispec Resources (ME) and its Indonesian partner, P.T. Hunamas Putra Interbuana, has acquired a large property in the Busang North area of Kalimantan, Indonesia.The 14,776-h…
Fleck, Anvil define Snegamook targets
Partners Fleck Resources (VSE) and Anvil Resources (VSE) will conduct an induced-polarization survey on their Snegamook Claims in Labrador in an attempt to define drill targets.Previous drilling faile…
Lucro gains option on Motherlode
In return for 500,000 of its shares, Lucro Capital (ASE) is acquiring High River Gold’s (TSE) option to earn up to a 51% interest in the former-producing Motherlode copper-gold property, near Greenwoo…
Partners exploring in Labrador
Partners Newfoundland Goldbar Resources (CDN) and Freewest Resources Canada (TSE) have contracted out 3,000 km of airborne geophysical surveying for their 19 properties in Labrador.The work, now under…
Cartaway plans more drilling in Labrador
Drilling on the Peruvian B project, 200 km northwest of Goose Bay, Labrador, has returned disappointing results for partners Cartaway Container (ASE) and Peruvian Gold (VSE).The former drilled four ho…
No Headline (March 04, 1996)
Two private placements are expected to net proceeds of $2.05 million for Continental Caretech (CDN).The funds will be used for general corporate purposes, as well as to fund gold exploration programs …