Jonpol buys into Mexican company
Canadian junior Jonpol Explorations (TSE) will gain a 49% interest in Mexican-based Minera Y Metalurgica de Pozuelos.To do so, it will spend US$150,000 on exploration.Together, the companies will atte…
Articles by Northern Miner Staff
News Roundup — Yamana drills property
Reverse-circulation drilling is under way on Yamana Resources’ (TSE) Microonda property in Argentina’s Santa Cruz province.Seventy-five drill targets have been established in a 4-sq.-km area, and a dr…
STOCK MARKETS — Stronger resource index bodes well for western markets
Western markets perked up over the report period ended Dec. 5, with the Vancouver Stock Exchange resource index closing up almost 20 points at 1,270.62. The composite index also gained ground, notchin…
TSE Short Positions (December 11, 1995)
Short positions outstanding at November 15, 1995Larger individual positions included: Barrick Gold 2,731,254; Agnico-Eagle 119,293; Bema Gold 1,437,700; BGR Precious Metals 152,350; Caledonia M’g 291,…
Index (December 11, 1995)
DEPARTMENTSBook ReviewCareersClassified AdvertisingCommentaryDiamond NewsDiamond DrillersDividendsEditorialsMetal PricesMetals CommentaryNews RoundupOdds `n’ SodsPeopleProfessional Direct…
Takla extends Bolivian gold program
Preliminary exploration work on the Orko Pina project in Bolivia has prompted Takla Star Resources (ASE) to plan additional work.Exploration work outlined a 2.2-sq.-km soil, stream sediment, alluvial …
Cameco options Hungarian project
Cameco (TSE) will be earning a 60% interest in the Lahoca gold property, 90 km northeast of Budapest, Hungary.The company will fund a feasibility study, to include a mineral reserve estimate and metal…
Laguna works Costa Rican project
The first phase of drilling has been completed at the Rio Chiquito gold project in Costa Rica, and a feasibility study is in the works.Laguna Gold, a division of Mallon Resources (NASDAQ), estimates t…
Red Chris project to enter prefeasibility
Drilling on the Red Chris copper-gold property in northwestern British Columbia has wrapped up for the year, and American Bullion Minerals (VSE) will next enter the prefeasibility phase.The company ho…
Paramount to drill in NW Argentina
Paramount Ventures & Finance (VSE) is preparing to drill its Rio Juramento project, 50 km southeast of Salta, Argentina.The property features a ridge known as Cerro del Cobre, which consists of an ext…
NEWS IN BRIEF (December 11, 1995)
Lasir Gold Industries Inc. (LAI:VSE) has changed its name to First Fortune Investments Inc. (FRF:VSE) on a 1-new-sh-for-10-old-shs basis.
Diabior, Virginia sample gold showings
Surface sampling of two showings at the Eastmain West property, 300 km northwest of Chibougamau, Que., has confirmed suspected widths and grades for property owners Diabior Explorations (ME) and Virgi…