Silver Standard drops La Choya
Despite a successful exploration program, Silver Standard Resources (VSE) recently dropped its option to purchase the La Choya gold property near Sonora, Mexico. A recent drilling program on the prope…
Articles by Northern Miner Staff
NEWS IN BRIEF Drilling starts at Deak’s Magusi
An 18-hole drill program is under way at Deak Resources’ (TSE) Magusi base metal property, 25 miles northwest of Rouyn-Noranda, Que. The drilling will provide metallurgical samples and further delinea…
Westmin gets more good news from Myra Falls
More spectacular assay results were released by Westmin Resources (TSE) from ongoing drilling to further test a recently discovered zone on its Myra Falls mine property near Campbell River, B.C. The l…
Court battle looms over strategic Ellison claims
Discussions aimed at settling a legal dispute over three strategically situated gold claims located between LAC Minerals’ (TSE) Bousquet No. 1 and Doyon gold mines in northwestern Quebec got under way…
NEWS IN BRIEF Six holes drilled on SIB claims
Assay results are expected shortly from six holes drilled on the SIB claims owned equally by Silver Butte Resources (VSE) and American Fibre (VSE). The partners report that five of the six holes inter…
Recession spells big drop in new mining stock listings
Hit by the economic recession, a slump in the gold market and the elimination of tax-related exploration incentives, mining companies are becoming increasingly shy about coming to the market with new …
NEWS IN BRIEF Noranda tests Kingswood claims
Drillers have moved on site at Kingswood Explorations (ASE) 133-claim property in La Gauchetierre Twp., near Matagami, Que. Earning an interest in the claims, Noranda (TSE) will drill a 1,300-ft. hole…
EDITORIAL PAGE Guest Column – Mining is engine that drives
The health of our economy in the north has been and will continue to be directly related to the number of mines and processing facilities in the area. The city fathers of Timmins, Ont., have recognize…
Tonto tackles Goldstream improvements
The Goldstream mine, jointly owned by Bethlehem Resources (TSE) and Goldnev Resources (VSE), is located on the Goldstream River, a 69-mile drive up the Columbia River Valley from railhead at Revelstok…
PEOPLE MARLIN DEVELOPMENTS
Gordon Steene appointed president.
FINANCING (July 22, 1991)
Southern Alberta Mining Company Ltd. — 2,000,000 shs offered @ 10 cents per sh. Tecnecon Gold Industries Inc. — 1,600,000 shs offered @ 10 cents per sh. Bradsue Resources Ltd. — 600,000 units consi…
U.S. REPORT NEWS IN BRIEF Horizon Gold reports loss
A net loss of US$4.1 million or 14 cents per share was reported by Horizon Gold (NASDAQ) for its fiscal year ended March 31, compared with a loss of US$3.9 million for the previous year. This year’s l…