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Loss reported.


Queenston Queenston, village, S Ont., Canada, just N of Niagara Falls. There the British defeated American invaders in the battle of Queenston Heights (Oct. 13, 1812) in the War of 1812. The British commanding general, Sir Isaac Brock, was killed in the fighting.  Mining Inc. reported a loss of $355,000 for the nine-month period ending Sept. 30. The company attributed the loss to reduced royalty and interest revenues combined with asset and property writedowns. Gold royalties received from LAC Minerals Ltd. on the company's Macassa Mine were $43,720. Queenston's working capital stood at $1.13 million, and the company was debt-free. It reported spending $2 million with its partners on exploration during the nine-month period. Queenston's exploration projects include the Battle Mountain/HSK project, the Upper Beaver Creek Beaver Creek may refer to numerous places, mainly stream and towns. The USGS database records 658 waterways and 19 populated places using the name in the United States and numerous others using related forms like Beaver Creek Ditch, Beaver Creek Swamp, Beaver Creek Lake, Beaver  Mine property and the Kirkland Lake Kirkland Lake, mining town, E Ont., Canada. An important gold-mining center, gold was discovered there in 1911 and again in the 1980s at Harker. The mining of iron ore and tourism are two other important industries.  West property in Kirkland Lake, the Robertson Rob·ert·son   , Oscar Palmer Born 1938.

American basketball player. As a guard for the Cincinnati Royals, he became in 1962 the only player in National Basketball Association history to average in double figures in scoring, rebounding, and assists.
 Project near Matachewan, the Shining Tree property and the Muskasenda property near Timmins.
COPYRIGHT 1992 Laurentian Business Publishing, Inc.
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992, Gale Group. All rights reserved. Gale Group is a Thomson Corporation Company.

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Title Annotation:Mining News; Queenston Mining Inc. reports loss
Publication:Northern Ontario Business
Article Type:Brief Article
Date:Jan 1, 1992
Words:114
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Next Article:Joint venture. (Queenston Mining and Noront Resources in joint venture) (Mining News) (Brief Article)



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