Gold find reported from Eastmain Ouest
Surface sampling on the Eastmain Ouest property near Matagami, Que., has resulted in a significant gold showing.Montreal-listed partners Diabior Explorations and Virginia Gold Mines report that the K …
Articles by Northern Miner Staff
Pangea forms a joint venture to expand its Tanzanian deposit
Toronto-listed Pangea Goldfields and South African-based Randgold Exploration will form a joint venture, the purpose of which is to outline additional reserves at the former’s Golden Ridge property in…
Navarre Resources in full swing on Strike property
Diamond drilling is under way on the Strike property of Navarre Resources (VSE), 18 miles north of Stewart, B.C.The company is testing several mineralized areas associated with a fault structure that …
Metal Prices — FREE MARKET (October 16, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateOct. 10 Oct. 9Oct. 6Oct. 5 Oct. 4Copper2802-2805 2927-29302839-28432875.5-28762865-2868Lead589-590 594-595593-594 599-600 59…
Falco reviews legal action against Royal Oak
Unhappy with its lot in the aborted Windy Craggy project, Falconbridge (TSE) is reportedly mulling possible legal action.The company holds a 22.5% net profits interest in the property, which was expro…
STOCK MARKETS — Markets little changed after nervous week
The Toronto Stock Exchange was fortunate in having a day off this past Thanksgiving holiday as Monday brought panic to the board of its New York counterpart. Fortunately, by the time the TSE reopened …
TSE Short Positions (October 16, 1995)
Short positions outstanding at September 29, 1995Larger individual positions included: Barrick Gold 5,891,875; Agnico-Eagle 134,998; Archer 138,728; Anderson Expl. 2,371,600; Bema Gold 1,175,600; Cale…
Program planned for Cabot Lake
Ground work on the Cabot Lake property in the Voisey Bay area of Labrador is turning up massive sulphides over a large mineralized area.Gallery Resources (ASE) reports that the mineralized area extend…
Glimmer, Golden Dragon end talks
All discussions concerning a plan of arrangement between Glimmer Resources (VSE) and Canadian Golden Dragon Resources (VSE), proposed in September, have been terminated.In addition, Glimmer has been g…
Sulphides cut at Boundary claim block
The first hole of an exploratory drilling campaign has intersected two mineralized zones on the Boundary Block claims, 75 km northwest of the Voisey Bay discovery.The Boundary Block is one of four gro…
Financing (October 16, 1995)
Mina Resources Ltd. — 900,000 shs @ 45 cents per sh.
Kinross ups inventory at Goldbanks property
Reserves at the Goldbanks joint venture in Nevada have been expanded following drilling by 50%-owner Kinross Gold (TSE).As well as outlining additional reserves below the Main zone, the combined core …