Financing raised for United Reef
South African-based Trans Hex Group has purchased a $4- million convertible debenture issued by United Reef (TSE).The debenture is convertible, either in whole or in part at the option of Trans Hex, i…
Articles by Northern Miner Staff
Resource is boosted at Elsa properties
United Keno Hill Mines (TSE) has calculated preliminary resource estimates for three past-producing silver mines within its Elsa properties in the Yukon.Measured, indicated and inferred resources at t…
Abo explores property in Argentina
Junior Abo Resource (VSE) has released encouraging assay results for its Salado property in Argentina.The company believes the first six drill holes represent a new discovery in the Uspallata copper-g…
American Bullion expands Red Chris copper project
Initial drill results are expanding the size of the Red Chris project in northwestern British Columbia.American Bullion Minerals (VSE), which holds an 80% interest, hopes to boost the open-pit, minabl…
NEWS IN BRIEF (July 03, 1995)
Forester Resources (FRR:VSE) has changed its name to Tullaree Resources (TUL:VSE) on a 1-new-for-5-old-share basis.
Correction (July 03, 1995)
Echo Bay Mines (TSE) can acquire 65.67% of Etruscan Enterprises’ (VSE) 67% interest in the Kom Bangou gold property in Niger for US$20 per oz. gold for the first million ounces produced, and US$25 per…
Goldbrook and TNK start drilling at Onaman
CDN-listed TNK Resources has carried out drilling on a property held by Goldbrook Explorations (ASE) near Jellicoe, Ont.In doing so, TNK earned a 20% interest in the project, which can be increased to…
Talapoosa gold property now in permitting stage
Permitting work is proceeding at the Talapoosa project in Nevada.Miramar Mining (TSE) acquired the property early this year through a takeover of Athena Gold and has since drilled more than 73,000 ft….
South Crofty finances tin mine
A planned private placement of up to 7 million units at $1.30 each will provide South Crofty Holdings (VSE) with funds for upgrading its 70%-owned tin mine in England.The company expects to boost prod…
Claimstaker Res. drilling Blackdome
Drilling is expected to begin on the Blackdome mine property northwest of Clinton, B.C.Claimstaker Resources (VSE) plans to test two areas, identified by surface drilling, for potential oreshoots.The …
BHP Minerals to earn stake in Larder’s Ontario property
A recent agreement with CDN-listed International Larder Minerals sets the stage for BHP Minerals to earn an interest in a northern Ontario property owned by the junior company.BHP has signed a letter …
Index (July 03, 1995)
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