Articles by Northern Miner Staff

NEWS IN BRIEF (August 03, 1992)

A numbered Ontario company has purchased a 51.9% interest in Kayorum Gold Mines (CDN) from Labrador Exploration and Mining. Intending to reactivate Kayorum as an exploration company, 792843 Ontario ac…


FINANCING (August 03, 1992)

Swannell Minerals Corp. – 2,250,000 shs offered @ 40 cents per sh. Chase Res. Corp. – 1,300,000 units offered @ $2.50 per unit. Stormin Res. Inc. – 1,500,000 shs offered, price to be announced.



Queen’s student wins Peacock prize

At its annual banquet held recently in Toronto, the Walker Mineralogical Club honored a student from Queen’s University with the Peacock Memorial Prize. The club awards the prize annually, in the amou…




Azco drilling provides encouragement

A recent hole drilled by Azco Mining (VSE) on the Piedras Verdes copper project returned 440 ft. grading 0.71% copper from 0-444 ft., the best result encountered so far in the current drilling program…


Zinc price boosts Brunswick profit

Record production and higher zinc prices provided the impetus for earnings of $11.5 million (29 cents per share) in the second quarter for Brunswick Mining and Smelting (TSE). The net income represent…



Quarterly loss reported by Inco

After recording a US$2.2-million profit for the first three months of the year, Inco (TSE) slipped into the red during the second quarter, reporting a net loss of US$1.5 million (3 cents per share) co…


Lucas acquiring Emma interest

To earn a 50% interest in the Emma gold mine property near Dunton, Colo., Lucas Gold Resources (ASE) recently issued two million series B preference shares to National Gold and Nickel Resources (VSE)….


Glimmer, Hemlo plan drill work

An 8-hole drill program representing 10,000 ft. is planned by Glimmer Resources (VSE) for its 40% owned gold property in Beatty and Hislop twps. in northeastern Ontario. President George Kent says Gli…


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