Avondale to drill Inel claims
Exploration activity is heating up in the Iskut River district of northwestern British Columbia, particularly now that road access seems a certainty in 1991. Iskut pioneer Gulf International Minerals …
Articles by Northern Miner Staff
Aurizon acquiring additional claims
An option to purchase a 100% interest in claims adjacent to the Sleeping Giant gold mine north of Amos, Que., has been acquired by Aurizon Mines (TSE) from George Venne of Val d’Or, Que. The claims li…
PGE, Noranda agree to explore property
Exploration will get under way this summer on PGE Resource’s (ASE) 115-claim property near Mechanic Settlement, N.B., following a joint venture agreement with Noranda Exploration, a unit of Noranda (T…
VSM/Serem, Dundee in property deal
A letter of intent has been signed between Dundee-Palliser Resources (TSE) and exploration partners VSM Exploration (ME) and Serem-Quebec which will allow VSM/Serem to earn a 50% interest in Dundee’s …
Placer Dome in exploration venture with Skyline
A number of gold prospects on the Reg claims held by Skyline Gold (TSE) will be jointly explored by Skyline and Placer Dome (TSE) under the terms of a recent agreement between the two mining companies…
Shares acquired
A wholly owned subsidiary of Aitken Lees Capital Ltd. of Toronto, a merchant banker and consulting firm, has become a shareholder of gold producer Consolidated TVX Mining (TSE). The subsidiary, 881096…
St. Genevieve drilling deep to south of Wrightbar bet
Deep drilling has resumed at Wrightbar Mines’ (ME) Bourlamaque Twp. property where St. Genevieve Resources (TSE) has the option to earn a 50% project interest by spending $1.5 million. To find a depos…
$6 million to study the earth’s crust
Some $6 million will be given to the Trans-Hudson Orogen Transect research project over four years. The funding comes from the Natural Sciences and Engineering Research Council and the federal Departm…
Athletes to compete for gold in Timmins
The 7th annual Great Porcupine Gold Rush Triathlon will be held July 28 in Timmins, Ont. Contestants will cycle, canoe and run from Kelso to the Porcupine Camp — the trail used by the early prospecto…
Coxheath gets new funds from Ainsley
An option agreement has been signed between Coxheath Gold Holdings (TSE) and Toronto-based Ainsley Financial Corp. which will see the latter company invest $2.5 million to complete development of Coxh…
Montreal Exchange Summer trading slows
Market activity slowed during June, according to ME officials. The average daily volume during the month, at about 4.9 million shares, was down 7.1% from May. On the other hand, the average price per …
PRODUCER PRICES (July 16, 1990)
ALUMINUM: MW U.S. Market US72-73 cents per lb. (Jul. 5, 1990). ANTIMONY: New York dealer US82-83 cents per lb. (Jun. 14, 1990). BISMUTH: New York dealer US$2.95-3.05 per lb. (Jul. 5, 1990). CADMIUM: N…