Articles by Northern Miner Staff

Drilling is under way on the 67-unit Hurdman property, about 65 miles north of Timmins, Ont., says owner Noront Resources (VSE). The base metal prospect hosts several mineralized conductors and a half…

The Nunavut land claim agreement signed recently by the federal government and the Tungavick Federation is far from settled. It still has to be approved by a March 16 plebiscite of residents in the ar…

Recently listed Newfoundland Goldbar Resources (CDN) got off to a good start with encouraging results from the Glover Island gold property in western Newfoundland. Optioning the property from ASE-list…

Mineral exploration spending in the territory rose to $16 million this year from $12 million in 1990. Dennis Ouellette, a geologist with the Whitehorse office of the federal Department of Northern Aff…

Pierre Gauthier, chairman of 52% owned Noranda (TSE) subsidiary Societe Miniere Louvem (TSE), recently profited by exercising stock options at a discount to the recent market price. According to the O…

Recent drilling at the McArthur River joint venture has boosted probable in-situ reserves from 200 million to 260 million lb. of U3O8. The average grade of the deposit has increased from 4% to 5% U3O8…

Pan Oceanic Ventures Inc. (PSV:VSE) has changed its name to Falcon Ventures International Corp. (FNV:VSE) with a consolidation of capital on a 1-new-for-8-old-share basis. The transfer agent is Pacifi…

A second phase of drilling is scheduled to begin shortly on the Figuery project near Amos, Que. Mountain Beaver Resources (CDN) has an option to earn a 50% interest in the prospect by spending $4 mill…

Week’s Price (US) Change Gold* $357.50 – $10.20 Silver* $ 3.89 – $0.12 Platinum* $348.75 – $19.35 Nickel** $ 3.24 + $0.01 Lead** $ 0.24 $0.00 Copper $ 0.98 – $0.02 Zinc $ 0.52 – $0.02 Courtesy of Scot…

An offering memorandum has been filed with the Quebec Securities Commission for distribution within the province of a maximum of 325 units worth $1,000 each, Golden Tag Resources (VSE) says. Each unit…

Partners VSM Exploration (TSE) and Serem-Quebec have intersected a mineralized shear zone over more than 70 metres in Mountain Twp., Que. The structure, which contains 1-12% pyrite, 4-12% pyrrhotite (…

After months of negotiations, Central Crude (TSE) has signed a letter of intent to purchase 75% of the Magnacon mill and related infrastructure near Wawa, Ont., from debt-ridden partners Flanagan McAd…