Gold Funds (February 24, 1992)
BGR Central Net Value $8.46 $5.25 Price $7.75 $4.650 Discount 8.37% 11.4% Value $50,358,000 $78,232,995…
Articles by Northern Miner Staff
Osborne buys back major shareholding
Osborne and Chappel Goldfields (TSE) has transferred 50% of its interest in the Los Lilenes project and 48.6% of its net assets and liabilities, to Odin Mining and Investment. Osborne has also repurch…
Toronto Stock Exchange (February 24, 1992)
In the absence of any real action on the gold or base metals front, investors focused their attention on developments at a select group of companies during the week ended Feb. 18. As Arimetco Internat…
Maufort, Cameco drill Tiblemont
A drilling program was recently completed on the Tiblemont property northeast of Val d’Or, Que., Ressources Maufort (ME) reports. Maufort’s project partner is Cameco (TSE). Five targets were verified …
Canmine explores Fer property
Drilling is under way on Canmine Resources’ (CDN) FER copper-zinc property in the Sherridon camp of northern Manitoba. Canmine says 12 drill targets have been sited over the FER zone’s 300-metre strik…
Geologists meeting at Wolfville ’92
Billed as the largest meeting of geologists in Canada, the joint Geological Association of Canada and Mineralogical Association of Canada annual meeting will take place May 25-27 at Acadia University,…
KWG and SEG drill Granada
An ongoing exploration program at the Granada property six miles southwest of Rouyn-Noranda, Que., is focusing on shallow surface drilling (to 100 ft.) of the No. 1 and 2 vein systems, KWG Resources (…
Aur set to drill on Joutel property
Toronto-based Aur Resources (TSE) will begin drilling this week on Joutel Resources’ (TSE) 26-claim copper-zinc property near Joutel in northwestern Quebec. With the right to earn a 70% project intere…
Ontario target of Hemlow’s main exploration effort
While other Toronto-based companies are flocking to less-regulated environments, Hemlo Gold Mines (TSE) plans to spend about 40% of its $15 million, 1992 grassroots budget on gold projects in Ontario….
TSE to go automatic by first quarter, ’93
Simple economics has persuaded The Toronto Stock Exchange to replace floor trading with a fully automatic equity trading system by the first quarter of 1993. TSE members recently voted in favor of the…
Wheaton to acquire Grew Creek, Ketza
Toronto-based Wheaton River Minerals (TSE) has signed letters of intent to acquire both the Grew Creek deposit and the Ketza River project, which lie within 100 km of each other in the Yukon Territory…
View from the West (February 24, 1992)
In future, companies that spend money on exploration should not expect compensation if they are subsequently denied permission to mine. They should never assume they will be granted mining permits bec…