Lebel-sur-Quevillon area heats up
In an attempt to either shore up ground positions or acquire interests therein, several companies are making deals for properties east of Lebel-sur-Quevillon, Que. Interest in the area in the province…
Articles by Northern Miner Staff
Sharpe, Freewest continue drilling Wisconsin base metal play
Drilling continues to yield encouraging results for partners Sharpe Energy & Resources (VSE) and Freewest Resources Canada (TSE) on their Wisconsin Massive Sulphide program. The latest results come fr…
Channel testing gold targets in West Africa
Reverse-circulation drilling by Channel Resources (VSE) continues to test targets on the company’s land holdings in Burkina Faso, West Africa. The 106 holes drilled to date intersected significant gol…
Int’l Larder drilling near Timmins
Not all junior companies have headed off to exotic foreign destinations to find their next gold discoveries. International Larder Minerals (CDN) is of the view that Canada’s historic gold mining camps…
COMMENTARY — Thinking small with silver
The increasing demand for a high-performance power source, such as that provided by silver oxide-zinc batteries, accounts for the more-than-200,000-oz. increase in the use of silver in the U.S. batter…
Santa Catalina boosts reserve
The estimated geological reserve at the Oracle Ridge underground copper mine near San Manuel, Ariz., has expanded. The estimate is now calculated as being 8.1 million tons (proven and probable) gradin…
Haddington, Portman drill three plays
Partners Haddington Resources (VSE) and Portman Explorations (VSE) will drill nine targets on a ground position west of New Liskard, Ont. The targets were delineated by spectral induced-polarization (…
Continental Caretech earns stake in Dryden property
Having just completed a drilling program, Continental Caretech (CDN) has incurred the necessary expenditure to earn a half interest in the Thunder Lake West gold project near Dryden, Ont. The 10-hole …
NEWS ROUNDUP — Eastmain gets properties in Timmins camp
CDN-listed Eastmain Resources has acquired two 160-acre properties near the Kidd Creek copper-zinc-silver mine in Timmins, Ont. To acquire the South property, the junior must pay $330,000 over five ye…
Mongolia Gold establishes Bumbat JV
A Mongolian state-controlled corporation is joining forces with Mongolian Gold Resources (VSE) to form the Bumbat joint venture. Its objective will be to explore for and develop gold projects. Mongoli…
Liquid Gold underground at Brett
Underground development is proceeding at the Brett gold property near Vernon, B.C. Liquid Gold Resources (VSE) is driving an adit 800 ft. into the side of a mountain in order to intersect the high-gra…
Spot prices at a glance (January 16, 1995)
Week’s Price (US) Change Gold* $375.00 – $3.25 Silver* $4.68 – $0.04 Platinum* $409.50 – $1.00 Nickel** $4.27 + $0.28 Lead** $0.30 + $0.01 Copper $1.37 + $0.04 Zinc $0.52 + $0.01 Courtesy of Scotiaban…