Articles by Northern Miner Staff

NEWS IN BRIEF (May 04, 1992)

Delta Star Resources Inc. (DLS:VSE) has changed its name to Accord Financial Corp. with a consolidation of capital on a 1-new-for-5-old-share basis.


Adrian plans to explore Petaquilla

Junior Adrian Resources (TSE) is heading off to the jungles of north-central Panama to begin exploring the Petaquilla porphyry copper property under the terms of a recent option agreement with Minnova…


Toltec drops Middlemarch option (May 04, 1992)

With the completion of a 7-hole diamond drilling program, Toltec Resources (VSE) has opted to drop its option on the Middlemarch property in Cochise Cty., Ariz. Toltec had the right to earn a 60% inte…


Teck to drill Nebex property

Calgary-based Nebex Resources (ASE) says Teck (TSE) will start drilling the junior’s base metal prospect in northern New Brunswick in early May. The prospect lies 3 km north of the 10,000 tonne-per-da…


Latin America touts its mining potential

Investors looking to participate in mining ventures in Latin America were given an overview of what that part of the world has to offer at a 4-day conference here recently. The conference, titled “Inv…


Magnacon mill deal is extended

A deadline to purchase the Magnacon gold mill near Wawa, Ont., has been extended by two months says Richard Nemis, president of Central Crude (TSE). Nemis says he now has until mid-summer to raise the…


Witte shares managing secrets

A loyal and technically competent management team is the essential ingredient in any growing mining company, Peggy Witte, president of Royal Oak Mines (TSE), told a recent gathering of the Toronto bra…


Hemlo options Taurus property

A recent letter of agreement sets the stage for Hemlo Gold Mines (TSE) to begin earning a 50% interest in the Taurus copper-molybdenum-gold property of Lodestar Explorations (VSE) in east-central Alas…


Gold Fields drops Blue Dog

By mutual agreement, an option allowing Gold Fields Mining to earn a 60% interest in the Blue Dog gold property from Gold Canyon Resources (VSE) was recently terminated. The Idaho gold project was pre…


Review of Dessir core reveals salting of samples

“Salt vt: to enrich (as a mine) artificially by secretly placing valuable minerals in some of the working places” (Webster’s New Dictionary). Although Webster’s definition doesn’t necessarily portray …


MINER DETAILS; Making royalties look easy

Mining can be a pretty terrible business. When commodity prices are up, companies make huge capital investments to develop a mineral deposit. The metal price inevitably falls and the company must suff…



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