Output up, losses down at Hope Brook
Record high gold output of 34,571 oz. helped to stem the flow of red ink at Hope Brook Gold’s (TSE) underground gold mine in Newfoundland for the three months ended Sept. 30. But, the company blamed h…
Articles by Northern Miner Staff
Princeton expects new estimate of minable reserves by year-end
With the recent completion of a third phase exploratory drilling program, Princeton Mining (TSE) expects to have an updated minable reserve in hand by year end for its Similco copper mine project near…
Cusac encouraged by drill results
A drill program operated by Total Energold (TSE) at the Cassiar gold project in northern British Columbia is returning encouraging results for Total and partner, Cusac Industries (TSE). Total is drill…
PRODUCER PRICES (November 19, 1990)
ALUMINUM: MW U.S. Market US72.50- 76.50 cents per lb. (Nov. 8, 1990). ANTIMONY: New York dealer US80-83 cents per lb. (Sep. 6, 1990). BISMUTH: New York dealer US$2.80-2.90 per lb. (Sep. 13, 1990). CAD…
U.S. REPORT Rothschild Gold opens in Denver
Rothschild Gold, a wholly owned subsidiary of N M Rothschild & Sons, a U.K-based bank, has opened an office in Denver, Colo. The Denver operation, acting as a centre for all the Rothschild Group’s pre…
Nebex assay results
Assay results from reconnaissance prospecting and sampling on Nebex Resources’ (ASE) Mos claims in the Yellowknife area of the Northwest Territories have yielded values of 0.04-4.3 oz. gold per ton. T…
Westlake, Minera merger approved
Final court approval has been granted for a merger between Minera Rayrock (TSE) and Westlake Industries (VSE) which holds a 40% stake in Minera’s Bellavista gold project in Costa Rica. Under the merge…
U.S. REPORT NDU starts drilling on Bend, prepares for TSE listing
Drilling is under way on the Bend copper-gold deposit in northern Wisconsin, according to operator NDU Resources (VSE). The deposit, which hosts preliminary reserves of 1.9 million tons grading 2.8% c…
NEWS IN BRIEF Golden Chance
Golden Chance Resources Inc. (GCH:VSE) has changed its name to Trimark Resources Ltd. (TRK: VSE) on a 1-new-for-9-old-share basis. Transfer agent is Central Guaranty Trust.
Filing claim staking by `fax’ marks end of an era; but few turn
What was earmarked “the last staking rush of its kind” barely caused a stir last week as a mere handful of individuals competed for ground on the western tip of the Shebandowan greenstone belt. As min…
U.S. REPORT BMR looking at Nevada producer
An option to purchase all the outstanding shares of Oliver Hills Mining has been acquired by BMR Gold (ASE). Oliver Hills is a privately owned company which owns a gold-silver heap leaching facility n…
Eastmaque sets conversion period allowing 30 days
The board of directors of Eastmaque Gold Mines (TSE) has set the 30-day special conversion period for the company’s convertible preferred shares to begin on Nov. 19. The special conversion allows conv…