Toronto-based Falconbridge plans to spend $40 million on exploration in 1992, compared with $50 million in 1991. Grassroots funds will be directed mainly at projects in Ontario and Manitoba, including…
With the recent completion of a 16,000-ft. drilling program on the Expo property on Vancouver Island, Jordex Resources (VSE) estimates that minable open pit reserves in the Hushamu deposit have jumped…
The transfer of the majority interest in an Australian uranium project is expected to net Denison Mines (TSE) about $25 million, the company says. The purchaser is not named but Denison said the trans…
The Northwest Territories government is preparing to take a proposal to Ottawa for the conversion of all territorial mineral and petroleum rights to the use of the northern peoples. “We get most of ou…
This issue of The Northern Miner marks the beginning of our 78th year of continuous publication. There have been a lot of changes over those years and there are more in store as we respond to our read…
After spending $3.4 million on exploration during the past two years, a unit of Asarco (NYSE) recently dropped all rights to earn an interest in the Frasergold property under the terms of a 1990 optio…
Investors on the VSE are showing a bias for non-resource issues, but despite this trend, the VSE resource index managed an 11.48-point gain to 530.27 during the week ended March 3. The composite index…
Continuing its active trading during the week ended March 3 was Orient Resources, which has a busy slate of exploration programs, including a joint venture at a gold property in Benoit Twp. in northwe…
Following a due diligence review, Dasserat Developments (VSE) elected not to proceed with an earn-in agreement on the Monument Bay project in northeastern Manitoba. The company recently announced a de…
An underground development program is being planned by Vangold Resources (VSE) for the North Belt gold property at Rossland, B.C. T.The company holds a 66% interest in the property after spending an a…
In order to get a better handle on deep mineralization below open pit reserves, Atlanta Gold (TSE) may rehabilitate some old underground workings at its 100% owned Atlanta Gold property in Elmore Cty….
The previously announced corporate restructuring of Breakwater Resources (TSE) moved a step closer to fruition with the recent execution of a formal agreement with a group headed by Roy Shipes of Tucs…
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