New zone uncovered at Golden Bear mine
News from the Golden Bear mine in northwestern British Columbia has taken a turn for the better with the discovery of a new zone of gold mineralization during ramp tunneling to the Grizzly zone. Owner…
Articles by Northern Miner Staff
Vein extended at Isle Dieu
Surface stripping on the Isle Dieu property near Matagami, Que., has extended, by 400 ft., the known strike length of the gold-bearing Edith vein. Explorations Minieres du Nord (ME) says three samples…
Rainbow drilling confirms zone
Drilling on the Rainbow property is confirming a new zone of copper mineralization encountered earlier this year. Teck (TSE) now holds a 70% interest, which it acquired from Getchell Resources (VSE). …
Antares encouraged by drilling at Zimbabwean gold prospect
Results from an 18-hole program at its gold project in Zimbabwe have given Antares Mining and Exploration (TSE) cause for optimism. The drilling was carried out on the Interloper zone at the Lady Lina…
Decision near for Cerattepe
A prefeasibility study of the Cerattepe project in Turkey calls for an operation consisting of both underground (copper) and open-pit (gold-silver) workings. The deposit, operated by Cominco Resources…
Asian markets give boost to potash
While slow in Europe and North America, demand for potash continues to grow in Asia, the Middle East and South America, says Roskill Information Services of London in its study, Potash: Market Update,…
EDITORIAL PAGE — Mining goes native
North America’s largest land-owner, holding an estimated $6 billion in cash and owning 15,000 businesses, is showing a keen interest in mineral opportunities. The potential investor, with the blessing…
COMMENTARY — Repelling a black bear attack
Prospecting is a unique career as it requires definite survival skills. This is especially true in Canada, where prospecting stories are manifold. I was recently staking claims in Skead Twp., about 5 …
Chevron sells — Stillwater stake
Platinum producer Stillwater Mining has undergone a restructuring. Chevron USA has sold its 50% ownership in the company. At the same time, Stillwater has sold, to institutional and other investors, n…
Argentina Gold adds to its El Indio holdings
The acquisition of a 61% stake in Minera Rio Frio increases Argentina Gold’s (VSE) already substantial holdings in Argentina. Rio Frio holds claims comprising 45,000 hectares in San Juan province; the…
Underground drilling results at Nicholas Lake encouraging
Management of Athabaska Gold (TSE) is encouraged by underground drill results from its Nicholas Lake property, 60 miles north of Yellowknife, N.W.T. Results have been received from 15 of the 36 holes …
Anvil to raise $55 million
The new company formed to revive the Faro lead-zinc mine in the Yukon has engaged a financing firm to complete a $25-million private placement. Anvil Range will place 4.4 million shares with both Cana…