LETTERS TO THE EDITOR (January 13, 1992)
In reference to the article “Air prospecting less in demand” (T.N.M., Dec. 2/91), it is true there is less flown now than in the past. But what people must realize is that now the quality of the colle…
Articles by Northern Miner Staff
Spot prices at a glance (January 13, 1992)
Week’s Price (US) Change Gold* $350.30 – $3.10 Silver* $ 3.95 + $0.09 Platinum*$335.50+ $1.30 Nickel**$ 3.31 + $0.06 Lead** $ 0.24 $0.00 Copper $ 0.95 – $0.03 Zinc $ 0.51 – $0.02 Courtesy of Scotiaban…
Fort Knox Gold assays
In a recently published table of results from Fort Knox Gold Resources’ (TSE) nickel-copper prospect near Shining Tree, Ont., (T.N.M., Jan. 6/91), the copper and nickel assays were reversed. The table…
Quarry funding for Aguathuna
Ontario-based Aguathuna Mining plans to establish a limestone and dolomite quarry at Aguathuna on the Port au Port Peninsula in Newfoundland. The company will receive $700,000 from Ottawa’s Fisheries …
Viceroy hits new zone while mining about to start up
A new zone of high-grade gold mineralization was intersected by recent drilling on the Castle Mountain project 65 miles south of Las Vegas, Nev., in San Bernardino Cty., Calif. Viceroy Resources (TSE)…
B.C. appeals Cream Silver decision
The government of British Columbia is appealing the decision of the province’s Supreme Court which ruled late last year that Cream Silver Mines (VSE) is entitled to compensation for the expropriation …
Melinga, Comaplex plan summer work
The first phase of exploration on a 1,000-square-mile property in Griffin Lake-Cullaton Lake area of the Northwest Territories, 360 miles northeast of Stoney Rapids, Sask., is scheduled to get under w…
EDITORIAL PAGE (January 13, 1992)
Over the years we have found it is impossible to predict the outcome of any legal action. The workings of Canada’s courts are a mystery, the secrets of which are not fully known even by the society of…
Logan addresses Hall audience
Guests attending the Canadian Mining Hall of Fame’s fourth annual induction dinner got a ghostly surprise when “numerous prayer meetings and seances” brought Sir William Logan, founding director of th…
TSE Short Positions (January 13, 1992)
Semi-monthly reports as of December 31, showed 23,082,928 shares of 572 issues compared with 21,116,306 shares of 599 issues on December 15. Larger individual positions included: Amax Gold 251,100; Am…
Canada tops global list in exploration spending
Despite the malaise spreading throughout Canada’s metals exploration industry, this country remains the leader in terms of exploration spending, says Halifax-based The Metals Economics Group Strategic…
Alberta Stock Exchange (January 13, 1992)
After announcing a lawsuit against VSE-listed Cal Graphite, Takla Star Resources jumped 9 cents to 39 cents during the week ended Jan. 7. Takla is claiming ownership of a graphite mine near Huntsville…