Hemlo, Orvana acquire Chilean property
Toronto-listed Orvana Minerals and senior gold producer Hemlo Gold Mines (TSE) are optioning the Esperanza gold property in northern Chile.Hemlo will hold 60% and Orvana 40% of the joint venture, whic…
Articles by Northern Miner Staff
STOCK MARKETS — Market slides but gold stocks catch a wave
The Toronto Stock Exchange saw most of last week’s moderate gain slip away, as market participants remained edgy on conflicting economic news. For the 5-day report period ended Aug. 15, the TSE 300 co…
METAL PRICES — FREE MARKET (August 21, 1995)
London Metal ExchangeSpot closing prices in $US per tonneDateAugust 15 August 14August 11August 10August 9Copper3040-3042 2994-29953014-30193005-30063006-3008Lead609-610 610.5-611.5619-620…
Cambior bids for Audrey shares
Montreal-based Cambior (TSE) will acquire the remaining issued and outstanding common shares of Audrey Resources (TSE) by Sept. 1.Cambior will offer $1.40 per Audrey share, in the form of cash or the …
Beaufor results encourage Louvem
The Beaufor gold deposit in Pascalis Twp., Que., is showing promising results as development advances.Partners Louvem Mines (TSE) and Aurizon Mines (ME) report that development work in June produced 8…
LABRADOR NEWS ROUNDUP — Primero ground hosts anomalies
An airborne geophysical program over Primero Industries’ (VSE) block of 230 claims in Labrador has uncovered several prospective anomalies, particularly in the northeastern corner.The ground is 3 km n…
LABRADOR NEWS ROUNDUP — CanAlaska outlines zone on Konrad
Reconnaissance exploration on the Konrad property, west of Voisey Bay, Labrador, has led to the identification of a north-south-trending gossan zone.International CanAlaska Resources (VSE) traced the …
NEWS IN BRIEF (August 21, 1995)
Cusac Industries Ltd. (CQC: TSE) has changed its name to Cusac Gold Mines Ltd. (CQC: TSE:VSE).
Companies (August 21, 1995)
INDEXAberAdrianAfricn MinAlleghenyAmaradoAranleeArielAsia MinAudreyAurizonBaja GldBarrick GldBetter ResBHP MinBirchwoodBre-XCache ExplCambiorCamecoCanyonCenturionChase Citadel Gld…
Golden Star active within East Africa
Golden Star Resources (TSE) has begun exploring the Dul gold project in western Ethiopia.Golden Star, the first foreign company to be awarded gold exploration rights, controls more than 1,800 sq. km i…
LABRADOR NEWS ROUNDUP — Drilling continues at Niatak Island
The Newfoundland Department of Natural Resources has granted partners Goldnev Resources (VSE) and Starcore Resources (VSE) permission to drill up to two additional holes on the Niatak Island property….
Continental adds to zinc discovery
Drilling on the Anialik-High Lake project in the Northwest Territories continues to return zinc-copper mineralization for property owner Continental Pacific Resources (VSE).Hole R-11-95 returned a 13….