Drilling tests gold target near Red Mountain
After waiting more than two months for drill results from the Red Mountain area gold property near Stewart, B.C., partners Teuton Resources (VSE) and Minvita Enterprises (VSE) learned that initial rea…
Articles by Northern Miner Staff
NEWS IN BRIEF (January 29, 1996)
Foch Consumer Electronics (FCE:VSE) has changed its name to Hawkeye Gold (HAW:VSE) on a 1-new-for-5-old-share basis.
Sheridan, Northern Platinum drop suit
The lawsuit initiated by J.P. Sheridan and Northern Platinum (VSE), of which he is a director, against All-North Resources (VSE) has been dropped.As a result, the option agreement covering the Wellgre…
Kookaburra to focus on Tacaza
A previously announced agreement to acquire mineral assets in Peru will not be proceeding, reports Kookaburra Resources (TSE).Instead, the company will concentrate on its Tacaza copper project in Peru…
African Minerals eyes Zambian copper property
Privately owned African Minerals will enter discussions with state-owned Zambia Consolidated Copper Mines (ZCCM) regarding the acquisition of a majority position in the Konkola North property.Konkola …
Pacific Bay Minerals adds to property holdings in Yukon
Pacific Bay Minerals (VSE) is acquiring additional ground in the Finlayson-Wolverine Lake area of southeastern Yukon.The discovery of the ABM base metal deposit by Cominco (TSE) at its Kudz Ze Kayah p…
Index (January 29, 1996)
DEPARTMENTSCareersClassified AdvertisingCorrectionDiamond DrillersDiamond NewsEditorialsMetal PricesMetals CommentaryNew HorizonsOdds ‘n’ SodsPeopleProfessional DirectoryStock MarketsSubs…
Eastern Newfoundland welcomes new antimony-mining operation
It may not be gold, or even nickel, but the large deposit of antimony discovered near this air traffic centre could soon be worth $15 million a year to Roycefield Resources (ASE).Antimony is a brittle…
Northern Crown to drill in Mexico
The public financing of 3.2 million units at $1.20 each will help Northern Crown Mines (VSE) finance work on its Mesa Galindo gold-silver property and Guadalupe gold project in Mexico.Drilling is expe…
Meetings (January 29, 1996)
MEETINGSFeb. 6, Challenger — annualFeb. 8, Antilles — annual, generalFeb. 8, Channel — annual, generalFeb. 8, Int’l Brace — annual, generalFeb. 9, Mispec Res. — annual, specialFeb. 10, Founder –…
Athabaska tests new zones at Ladner Creek mine property
Underground drilling at the Ladner Creek project, northeast of Hope, B.C., is returning gold values for Athabaska Gold Resources (TSE).The company is outlining sufficient reserves to reopen the existi…
Caretech drills at Thunder Lake
Partners Continental Caretech (CDN) and Teck (TSE) have drilled three deep holes on the Thunder Lake West gold property in northern Ontario.They are the first in a series of widely spaced holes design…