Aeormagnetic data helps in diamond hunt
Diamond exploration activity in the Lac de Gras area in the Northwest Territories and elsewhere in the country has been a considerable boon to Canada’s otherwise sluggish mineral geophysics industry. …
Articles by Northern Miner Staff
U.S. REPORT — Positive results from Cresson drilling
A recent hole drilled by a unit of Nerco Minerals returned more than 0.5 oz. gold per ton over a drilled interval of 305 ft. from the Cresson project in the historic Cripple Creek mining district near…
INSIDER TRADING — Slack stocks up on Deak shares
Malcolm Slack, chairman of Deak Resources (TSE), recently increased his interest in the junior producer by buying 400,000 shares privately for 29 cents to hold 531,700. A $3-million underground explor…
Sudbury Contact finds second pipe
A second kimberlite pipe has been found by Sudbury Contact Mines (TSE) in the Kirkland Lake area of northeastern Ontario, the junior says in its quarterly report to shareholders. A 63-kg sample, taken…
Drilling planned for Brewery Creek
The global reserve potential of the Brewery Creek property near Dawson, Yukon, will be further evaluated this fall by partners Hemlo Gold Mines (TSE) and Loki Gold (VSE). A first-phase $400,000 progra…
Victoria options Mexican gold project
A Mexican property considered prospective for a bulk-tonnage gold deposit was recently optioned by Victoria Resource (VSE), which staked additional acreage surrounding the original claim block. The le…
NEWS ROUNDUP — Founder samples return gold, zinc.
Bulk samples taken from Founder Resources’ (VSE) 100% owned Blackwater property near Jellicoe, Ont., have returned polymetallic mineralization over an average width of 4 ft. Sample J406, for example, …
MINER DETAILS — Leaving gold to the juniors
Frustrated with a lethargic gold price and the difficult task of maintaining reserves, some of Canada’s largest gold producers are turning to base metals for future growth. Placer Dome has made no sec…
LETTERS TO THE EDITOR — Old liability rules in new labor
I agree with concern over the proposed labor laws in your editorial “Driving Directors Away” (T.N.M., Aug. 24/92). The ridiculous situation can leave a responsible individual, who is spending time and…
PEOPLE — ZAPPA RESOURCES
David Miller and John Brock appointed directors.
PEOPLE — HEMLO GOLD MINES
Alex Balogh appointed chairman.
EDITORIAL PAGE — Cutting court costs
Going to court is expensive. The parties involved have to pay the direct fees, which add substantially to the cost of doing business for the mining industry. There is no reliable estimate of the amoun…