Corona options large area near Matagami
To get its foot in the door in northwestern Quebec, Corona (TSE) has agreed to option three blocks of claims northeast of Matagami. The claim blocks, on the east side of Lozeau Twp., cover 6,640 acres…
Articles by Northern Miner Staff
GOLDFUNDS2 (August 27, 1990)
MVP BGR Central Capital Net value $11.48 $5.97 $0.32 Price $9.625 $6.250 $0.22 Discount 16.16% 4.7% 31.3% Value $68,325,220 $105,151,875 N/A…
Gold treasure
Treasure hunters who found thousands of gold coins and rare gold bars in a ship that sank 133 years ago off the coast of South Carolina may keep their loot, a federal judge in Norfolk, Va., ruled rece…
Cheni names new chairman
Edwin Phillips is the new chairman of Cheni Gold Mines (TSE), whose key asset is the producing Lawyers gold- silver mine in the Toodoggone district of northern British Columbia. Phillips, chairman of …
Conventional smelting yields 85-95% recovery for Jonpol gold ore &
Conventional flotation and smelting will recover 85-95% of the contained gold in ore from the Newfield project in Garrison Twp., Ont., according to recent metallurgical testing. T&H Resources (TSE) ho…
Vancouver Stock Exchange Vancouver market plunges in wake of Eskay
Both the Vancouver Stock Exchange Resource Index and Composite Index fell steeply over the week ended Aug. 21, shedding 43.44 points and 36.95 points respectively, or about 5% each. The stark black an…
Eastern follows up geochemical anomaly
Follow-up work is under way at the Shamrock property in Newfoundland, where Eastern Goldfields (COATS) has outlined a geochemical gold anomaly. Eastern is completing a program of trenching and samplin…
Adonos takes option on Costa Rican bet
Vancouver-based Adonos Resources (VSE) has exercised its option to acquire a Costa Rican gold property from Black Cliff Mines (TSE), its parent company. The 79-sq.-km property hosts the Beta Vargas go…
EDITORIAL PAGE Earnings show cost of high rate
If there were any doubts about the effect of current monetary policy on Canada’s mining industry, second-quarter results should put an end to them. High interest rates and the resulting strong dollar …
Preservationists’ report has little to say on multiple use
Recently, I came into possession of a typed copy of a tape taken of the World Wildlife Fund Canada, “Report of the Anglo- North American mapping group, Honolulu, Hawaii, June 23, 1990.” The area of co…
Radisson continues Duquesne sampling
More than 19,000 tons of sampling material have been extracted from the Duquesne mine project north of Rouyn-Noranda, Que., Radisson Mining Resources (ME) reports. Milling of the material has establis…
PRODUCER PRICES (August 27, 1990)
ALUMINUM: MW U.S. Market US80.00- 83.00 cents per lb. (Aug. 16, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Aug. 16, 1990). C…