Skyline acquires limestone interest
A purchase agreement with Auspex Gold (VSE) gives International Skyline Resources (TSE) the right to acquire half of an oolitic limestone deposit in Idaho. Skyline will pay Auspex $500,000 over a year…
News
Cyprus options Massicotte gold play
Colorado-based Cyprus Canada can acquire an initial 60% interest in the Massicotte gold property of Ressources Minieres Coleraine (ME). The property is 125 km north of La Sarre, Que. Cyprus must pay $…
Princeton’s debenture holders asked to convert to equity
An extended slump in the price of copper has prompted Princeton Mining (TSE) to seek changes to the terms of its convertible debentures. Holders will be asked to convert the $12 million in debentures …
EDITORIAL PAGE — Worth the wait
The BHP-Dia Met results reported last week should finally convince most of the remaining naysayers that the Lac de Gras diamond prospect is more than a moose-pasture scam to lure unwitting investors. …
ELECTION ’93 — MINING FOR ANSWERS — Reform’s Manning
In preparation for the Oct. 25 federal election, The Northern Miner has asked representatives of four of the main political parties to respond to a series of questions pertaining to mining. All repres…
Financing (September 27, 1993)
Pure Gold Resources Inc. — 5,000,000 units each unit consisting of 1 sh and 1 sh purchase wt and issuable upon the exercise of special wts @ 20 cents per special wt. Venezuelan Goldfields Ltd. — 3,5…
NEWS IN BRIEF (September 27, 1993)
Bridger Resources (BDG: VSE) has changed its name to BDG Pacific Resources with a consolidation of capital on a 1-new-for-3-old-share basis. The transfer agent is Pacific Corporate Trust.
Antares lists on TSE
Shares of Antares Mining and Exploration, which recently merged with Goldpost Resources, have begun trading on the Toronto Stock Exchange. The debt-free company has $5.5 million in cash and 14.6 milli…
Curragh’s control of assets slips
Time is running out for troubled Curragh (TSE), which lost control of virtually all its remaining assets at a recent court hearing in Toronto. Ontario Court Justice James Farley granted a request from…
Fipke `really happy’ with diamonds’ quality — Economic pipes
Partners Dia Met Minerals (TSE) and BHP Minerals Canada appear to have three economic diamondiferous kimberlite pipes on their land package in the Lac de Gras region of the Northwest Territories, plus…
New Ontario discharge levels
New Ontario government regulations will require mining companies operating in the province to reduce emissions of five toxic heavy metals and cyanide by an average of 40% by 1996. Mines and metal refi…
LETTERS TO THE EDITOR — Ignorance a threat to mining’s
The following came from recent conversations: “I’m sure they can find ore deposits in areas that are not environmentally sensitive.” (I tried to explain that areas do not become “environmentally sensi…