Articles by Northern Miner Staff

Mahogany, N. Lily acquire claims

A formal agreement to acquire 29 unpatented mining claims in Humboldt Cty., Nev., was recently signed by partners International Mahogany (TSE) and North Lily Mines (NASDAQ). The companies will purchas…


Shadow Mountain program planned

A reverse circulation drill program will test several gold targets on the Shadow Mountain property in California’s San Bernardino district, including an area where a 1938 hole is reported to have inte…


Eden Roc boosting daily throughput

Heap leaching at the Ivory Coast, West Africa, property of Eden Roc Mineral (TSE) has produced 5,785 oz. gold bullion to date, the company reports. Bullion contains 95-97% gold. The operation started …


Canyon quarterly earnings jump

A 43% increase in net earnings was reported by Canyon Resources (NASDAQ) for its latest quarter ended June 30, compared with results in the year-earlier period. The Colorado-based company announced ea…


NEWS IN BRIEF (September 07, 1992)

Collins Resource Ltd. (CR:VSE) has changed its name to Madison Enterprises Corp. with a consolidation of capital on a 1-new-for-2.5-old-share basis. The transfer agent is Pacific Corp.


MVP sells shares of Dundee-Palliser

MVP Capital has sold 2.3 million shares of Dundee-Palliser Resources (TSE) at 14 cents per share, bringing its interest in Dundee to 38.2%. MVP also bought 1.5 million Dundee warrants for $225,000 in …


Noranda ups stake in Brenda to 79.1%

Noranda Minerals, a division of Noranda (TSE), has purchased 346,714 common shares of Brenda Mines (TSE) from Nippon Mining of Japan, increasing its interest in the junior to 79.1% or 3.7 million shar…




NEWS ROUNDUP — Wheels of justice

The wheels of justice move slowly, including that arm of the Ontario Securities Commission. In its press release of July 29, 1992, a public hearing was billed for Aug. 25 to consider, among other thin…


NEWS ROUNDUP — ASC declines to prosecute

The Alberta Securities Commission (ASC) says it won’t prosecute in the case of a $34-million investor immigrant fund which left 230 Asian investors in a state of anger. Claude Resources (TSE) used the…



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