Aur to start work in Manitoba
Toronto-listed Aur Resources has begun exploring six properties in northwestern Manitoba. The program is being funded by associated junior companies Thunderwood Resources (TSE) and Consolidated Abitib…
Articles by Northern Miner Staff
Altavista raises funds for drilling
A private placement will enable Altavista Mines (ME) to develop the Santa Anna gold property in northwestern Quebec.The junior raised $500,000 through a private placement of 1 million common shares wi…
METAL PRICES — FREE MARKET (January 22, 1996)
London Metal ExchangeSpot closing prices in $US per tonneDateJan. 16 Jan. 15 Jan. 12 Jan. 11Jan. 10Copper2534-25392583-2585 2740-2745 2620-26252638-2643Lead701-702 690-691 690-692 699-699…
TORONTO STOCK EXCHANGE INDICES (January 22, 1996)
— 1996 –Jan 16Jan 15Jan 12Jan 11Jan 10HighLowComposite”300″4765.994739.704753.014771.214781.054871.873983.34Metals&Minerals4687.474732.574790.194797.904801.525276.123273.56Inte…
Minieres du Nord examines gold property north of Matagami, Que.
Results from grab and drill core samples taken by Exploration Carats from its 59-claim, Eastmain-7 property have caught the eye of Explorations Minieres du Nord (ME), leading to an option agreement.Th…
Viscount and Guardian jointly to aquire interest in Mexican gold-silver concession
Partners Consolidated Viscount Resources (VSE) and Guardian Enterprises (VSE) can jointly acquire a 31.85% interest in a 12,000-acre gold-silver concession in Mexico’s Durango state.Viscount and Guard…
Juniors form gold exploration venture
An agreement among several parties sets the stage for the formation of a company to explore the Bear claim group in Telkwa Pass, 45 km southwest of Smithers, B.C.Alberta-listed MRC Technologies will j…
Verdstone, Stirrup to drill in Nevada
Joint-venture partners Verdstone Gold (VSE) and Stirrup Creek Gold (VSE) will spend US$300,000 exploring the Victorine mine property, southwest of Austin, Nev.Surface and underground drilling will beg…
Positive feasibility in hand for Mineral Ridge project
With a positive feasibility study in hand, management of Cornucopia Resources (TSE) is aiming to bring its Mineral Ridge gold project into production by the first quarter of 1997.The project is situat…
MK Gold bearish on Asian gold play
A property evaluation has prompted MK Gold (NASDAQ) to write off a portion of its investment in the Jerooy gold project in Kyrghyzstan.The company will record a charge for the quarter ended Dec. 31, 1…
American finds new gold zone in Uruguay
At the San Gregorio gold project in northern Uruguay, American Resource (NASDAQ) has encountered a new zone of mineralization.The structure was intercepted in the footwall of the San Gregorio shear zo…
Aurizon and Louvem start production at Beaufor gold mine near Val d’Or
The Beaufor mine, near Val d’Or, Que., has begun churning out the yellow metal.Equal partners Aurizon Mines (TSE) and Louvem Mines (TSE) commenced production in early January. The miners’ changeroom a…