Cominco drills Yukon find
A polymetallic sulphide deposit has been uncovered in southeastern Yukon about 200 km northwest of Watson Lake, Cominco (TSE) reports. To date, 20 of 27 drill holes have intersected massive base metal…
Articles by Northern Miner Staff
NEWS IN BRIEF (August 08, 1994)
Texas Dome Resource (TXD:VSE) has changed its name to Microkey Communication Systems on a share-for-share basis.
Takla, Uranerz hit gold in Nevada
Reverse circulation drilling on the Slaven South property in Nevada has intersected additional gold mineralization. Partners Uranerz U.S.A. and Takla Star Resources (ASE) are carrying out a 4,005-ft. …
TVX, Kinross make joint bid for Lac
The bidding race for the takeover of Lac Minerals (TSE) has grown more crowded with the public inclusion of TVX Gold (TSE) and Kinross Gold (TSE). The two gold producers made public, near the end of J…
GOLD FUNDS (August 08, 1994)
Gold Funds as of Aug 1 BGR Central Net Value $17.56 $6.85 Price $15.63 $7.375 Premium 7.7% Discount 11.02 Value $142,665,000 $133,482,338…
STOCK MARKETS — Diamonds maintain sparkle on western stock
Diamonds, diamonds and more diamonds are the reason trading activity is holding relatively steady on western markets, and holding off the expected summer doldrums. Some downward pressure on gold stock…
Cambiex offering to raise $10 million
Montreal-listed Cambiex has filed a final prospectus for a public offering of 12.5 million units at 80 cents each. A unit consists of one common share and one half common share purchase warrant. Each …
PEOPLE — AREQUIPA
Chet Idziszek appointed president and chief executive officer.
LAST BUT NOT LEAST — Nora, Fairstar buy Ghana gold play
Two Montreal-listed juniors — Fairstar Explorations and Nora Exploration — are acquiring a gold concession in Ghana, West Africa. The 150-sq.-km Benso prospect is on the eastern side of the Ashanti …
Cache, MSV set to acquire Inner Block
Partners Cache Explorations (ME) and MSV Resources (TSE) can acquire the Inner Block property, currently owned 70% by Corner Bay Minerals (TSE) and 30% by Quebec Crown corporation Societe Quebecoise d…
THE DIAMOND PAGE — DHK merger back on track as three juniors
The three junior companies that jointly own DHK Resources have agreed to begin negotiations for a merger. The wheels were set in motion by way of a letter-of-intent agreement signed by Horseshoe Gold …
The World’s Heavyweight Gold Producers
A successful takeover of Lac Minerals by American Barrick would vault Barrick to third spot in world gold producers. A Royal Oak takeover means Barrick would be eighth in line, one spot back of a Roya…