U.S. REPORT Kennecott options Lockwood project
A unit of Kennecott recently entered into a joint venture agreement allowing it to acquire a 51% working interest in the Lockwood massive sulphide project near Everett, Wash. The project is currently …
Articles by Northern Miner Staff
Toronto Stock Exchange Inco, Franco-Nevada peak amid listless
The first initial public offering by a junior mining company to be cleared by The Toronto Stock Exchange so far this year was revealed to the public during the week ended July 9. Shares of Wheaton Riv…
American Reserve buys final 20% interest in Kutcho Creek
Ownership of the Kutcho Creek massive sulphide project is moving increasingly into the hands of American Reserve Mining (VSE). Situated near Dease Lake in northwestern British Columbia, Kutcho Creek i…
EDITORIAL PAGE Foreign investments have unusual risks
Within a few short years of Vasco da Gama’s discovery of a sea route to India in 1498, trade between Europe and Asia began on a new level. Silk and precious stones were in high demand, but the most lu…
Trout Lake hole gives ore grades over 106 metres
Ongoing exploration at the Trout Lake copper-zinc mine near Flin Flon, Man., continues to intersect polymetallic mineralization below the 560-metre level, the lowest level in the mine. Testing the dow…
Cross Lake adds claims NEWS IN BRIEF
Associated companies Cross Lake Minerals (VSE) and TransBorder Energy (VSE) recently added claims held north of Prince George, B.C., to additional claims held by an outside party to form a 50-50 joint…
GOLD FUNDS (July 15, 1991)
Gold funds as of July 09 BGR Central Net Value $9.48 $5.34 Price $8.50 $5.000 Discount 10.34% 6.4% Value $56,439,063 $84,…
Drilling below 1,000-ft. level enhances Casa Berardi East
Exploration below the 1,000-ft. level at the Casa Berardi East mine near La Sarre, Que., continues to produce encouraging results for partners TVX Gold (TSE) and Golden Knight Resources (TSE). Golden …
Program at Samatosum hits zone with coarse, visible gold
Drilling within the Samatosum mine area has intersected a new zone of gold mineralization. The Samatosum open pit silver-copper-zinc-lead-gold mine is near Adams Lake, B.C., and is 70% owned by Minn…
Spot prices at a glance (July 08, 1991)
Price (US) Week’s Change Gold* $367.75 + $ 1.75 Silver* $ 4.43 + $ 0.01 Platinum* $380.25 + $ 5.35 Nickel** $ 4.01 + $ 0.21 Lead** $ 0.25 …
U.S. REPORT USMX gives production nod to Yankee project in Nevada
After completing an internal analysis, USMX (NASDAQ) has approved development of its Yankee gold project in the Alligator Ridge gold trend of Nevada. The Yankee project is now reported to contain pro…
PEOPLE BYRON RESOURCES
Mike Muzylowski appointed president.