Minnova plans to drill Seneca property in B.C.
Toronto-based Minnova (TSE) plans to conduct further drilling on the Seneca property, 65 miles east of Vancouver, B.C. Minnova is earning a 51% interest in the property from International Curator (VSE…
Articles by Northern Miner Staff
NEBEX, Savoy test high-grade showing
NEBEX Resources (ASE) has exchanged its right to earn a 50% interest in the MOS 1-5 and Les 6 claims near Yellowknife, N.W.T., for a 50% interest in Savoy Gold. Drilling on the property during the 194…
Abner to survey diamond prospect
Vancouver-based Aber Resources (TSE) is set to begin exploration on its diamond claims 200 miles northeast of Yellowknife, N.W.T., after purchasing all of the outstanding shares of West Viking Explora…
Suntac hikes Polaris-Taku reserves
A recent independent geostatistical study boosted reserves for the Polaris-Taku deposit in northern British Columbia to 2.2 million tons grading 0.43 oz. gold per ton. Suntac Minerals (VSE) can earn a…
NEWS IN BRIEF (February 03, 1992)
Spectrum Gold Corp. (SGI.A:ME) has changed its name to Scarlett Minerals Inc. (SMI:ME) with a consolidation of capital on a 1-new-for-2- class-A-old-share basis.
Minnova completes Izok Lake purchase
Toronto-based Minnova (TSE) recently completed the purchase from Falconbridge of a 100% interest in the Izok Lake and Hood River properties as well as a 60% stake in the Gondor property. Under a previ…
Spot prices at a glance (February 03, 1992)
Week’s Price (US) Change Gold* $355.40 – $1.45 Silver* $ 4.16 – $0.10 Platinum* $346.50 + $6.75 Nickel** $ 3.48 – $0.09 Lead** $ 0.23 $0.00 Copper $ 0.99 + $0.02 Zinc $ 0.53 + $0.00 Courtesy of Scotia…
PROFILE (February 03, 1992)
Despite the economic slump, Dickenson Mines reported record improvements in earnings for the nine months ended Sept. 30, 1991: $6,217,000 (35 cents per share) compared with $2,591,000 (15 cents per sh…
Metal Prices (February 03, 1992)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Jan 28 Jan 27 Jan 24 Jan 23 Jan 22 Copper 1214-1215 1226-1227 1193-1194 1211-1212 11…
BOOKS IN REVIEW (February 03, 1992)
Energy World Analytical Yearbook, Australian Mineral Economics Proprietary Ltd., G.P.O. Box 3602, Sydney NSW 2001, Australia. 520 pages. US$1,450 (A$1,950). This recently published volume covers three…
DMBW joins Dames
When one of Canada’s best known mining consulting groups was wound down in 1991, two surviving companies carried on the business. One of the partners, Ian Thompson, moved out to Vancouver and establis…
EDITORIAL PAGE (February 03, 1992)
Environmental crusaders who are fighting against industrial development of any kind are simply battling the wrong enemy. A recent article in a newsletter from the Association of Professional Engineers…