GOLD FUNDS (October 04, 1993)
BGR Central Net Value $13.13 $5.69 Price $11.88 $6.250 Discount 9.55% 9.8% Value $73,540,000 $113,120,625…
Articles by Northern Miner Staff
COMMENTARY — SX-EW development continues
The extraordinary activity of the past decade in solvent extraction-electrowinning (SX-EW) development continues. In early 1993, at least 10 projects were under development, and another 12 had advance…
Redfern hits Tulsequah sulphides
An initial phase of surface drilling on the Big Bull area of the Tulsequah Chief project in northwestern British Columbia has returned massive sulphide intersections. Redfern Resources (TSE) hopes to …
TSE INDICES (October 04, 1993)
— Week — Sept 28 Sept 27 Sept 24 Sept 23 Sept 22 High Low Composite”300″ 3978.83 3983.82 3982.36 3970.86 3954.94 3984.31 3927.16 Metals&Minerals 2842.08 2853.37 2838.58 2842.45 2833.92 2866.65 2802….
FINANCING (October 04, 1993)
Teryl Resources Corp. — 800,000 units @ 54 cents.
Ballatar reports on Nevada drilling
A 6-hole reverse circulation program has been carried out by Ballatar Explorations (VSE) on the AR claims, near the Sleeper gold mine in Humboldt Cty., Nev. The 4,100-ft. program returned only trace a…
Paramount, Royalstar complete Czech deal
Paramount Ventures (VSE) and Royalstar Resources (VSE) are jointly acquiring 80% of the shares of a Czech company which owns exploration concessions covering the Kasperske Hory gold project in the Cze…
Canary system
Three organizations involved in a joint research-and-development project have received an R&D 100 award for a wireless paging and emergency warning system for underground mines. The recipients are Nor…
Spirit outlines new oreshoot
Montreal-listed Spirit Lake Explorations says summer drilling on the Edward’s property near Wawa, Ont., has identified an additional high-grade oreshoot. This new carbonate zone grades 0.481 oz. gold …
Roycefield buys antimony property
Roycefield Resources (ASE) is buying the outstanding common shares of a New Brunswick company which holds a 56-claim antimony property near Grand Falls, Nfld. Antimony was originally discovered there …
Mining Week activities planned
Mining Week in Newfoundland will be celebrated Nov.4-11. Two major activities are planned for the week. On Nov. 4, the Newfoundland Dept. of Mines and Energy will host its review of activities for 199…
Eskay Creek feasibility completed
A feasibility study has confirmed that the Eskay Creek project in British Columbia is economically viable and on target to begin producing gold and other metals by late 1995 or early 1996. Details of …