Blue Dog drilling comes up short
A recently completed 21-hole drilling program on the Blue Dog property returned disappointing results for owner Gold Canyon Resources (VSE). Previous work on the property, which is located in Washing…
Articles by Northern Miner Staff
Canchrome hits high-grade pocket
Recent results from a 12-hole program on the Reed-Belanger property near Thetford Mines, Que., indicate the presence of a high-grade chromite pocket within the mineralized zone. Drilling along strike…
PEOPLE GREYHAWK RESOURCES
David Rennie appointed president; Robert Lambie appointed director.
PEOPLE ARIES RESOURCES
Leslie Hart appointed president and chief executive officer; Robert Downes appointed director.
Sherritt bids for oil firm to ensure refinery’s fuel supply
In a bid to secure long-term fuel supplies for its Alberta nickel refinery, Sherritt Gordon (TSE) has signed a letter of intent to acquire all the outstanding shares of Canada Northwest Energy Ltd. Un…
Yorbeau raises new financing
First closing of a private placement raised $400,000 for Yorbeau Resources (TSE), the company reported. The deal was intended to raise a maximum of $500,000 through the sale of up to 500 units. Each u…
American Bullion (June 24, 1991)
A private placement of 200,000 units at 50 cents each with United Mineral Services will net American Bullion Minerals (VSE) $100,000. United is a private firm wholly owned by Robert Dickinson. The uni…
NEWS IN BRIEF Cominco sells smelter interest
Base metal giant Cominco (TSE) recently sold its 45% interest in Mitsubishi Cominco Smelting to Japanese firm, Mitsubishi Materials Corp. Mitsubishi Cominco was formed in 1965 with the objective of s…
Princeton reports loss of $2.3 million in first quarter
A net loss of $2.3 million was reported by Princeton Mining (TSE) for its 1991 first quarter ended March 31, compared to net earnings of $2.3 million for the corresponding period in 1990. The company…
Strike ends at Faro lead-zinc mine
The 400 union members employed by Curragh Resources’ (TSE) Faro lead-zinc mine in the Yukon have ratified an agreement to end a 10-week strike at the open pit operation. The 3-year deal includes a wa…
Cochise crews on site at Eastmain
Exploration crews have moved on site at Cochise Resources (ASE) copper property in the Eastmain River area of northern Quebec. Cochise plans to spend $550,000 to map and sample a mineralized granodior…
Montreal Exchange Settlement at Faro
After a 10-week strike, Curragh Resources has reached an agreement with employees at the Faro lead-zinc mine in the Yukon. The deal calls for a 17.6% wage increase over three years as well as other pa…