Articles by Northern Miner Staff

Golden Pacific plans to drill Penon bet

A recently completed exploration program on the Penon Blanco property owned by Golden Pacific Resources (ASE) has the company planning a drilling program. The property is located near Coulterville, Ca…


Glimmer focuses on Hislop project

The last three holes of an 18-hole drilling program on Glimmer Resources’ (VSE) Beatty-Hislop property will get under way sometime in July. Noranda (TSE), Glimmer’s joint venture partner, will also pr…



GOLDFUNDS (July 02, 1990)

MVP BGR Central Capital Net value $10.46 $5.53 $0.34 Price $9.50 $5.625 $0.20 Discount %9.18% %1.7% 41.2% Value $62,277,379 $94,636,688 N/A…


FINANCING (July 02, 1990)

Dryden Res — 700,000 offered @ 96 cents per unit. Berglynn Res — 700,000 offered @ 56 cents per unit. Candela Res — 1,450,000 offered @ $1.32 per unit. Island-Arc Res — 600,000 offered @ 55 cents …


Quintette loses appeal on award

The British Columbia Supreme Court has denied an appeal by Quintette Coal to have portions of the price award issued last month by an arbitration panel set aside. Quintette had appealed the $46 millio…




U.S.REPORT Cornucopia appoints financial advisor

Shearson Lehman Hutton has been appointed by Cornucopia Resources (TSE) to act as the company’s advisor in the proposed merger with Galactic Resources (TSE). The proposed business combination between …


Toronto Stock Exchange Indices (July 02, 1990)

June 26 June 25 June 22 June 21 June 20 HIGH LOW Composite “300” 3495.13 3474.16 3490.72 3526.24 3530.48 4009.47 3334.13 Metals & Minerals 3134.75 3128.57 3159.09 3206.88 3188.01 3453.06 2850.84 Integ…




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