Articles by Northern Miner Staff

Drilling to start on Slumbering Hills

Now that a lengthy legal property ownership dispute has been resolved to the benefit of Freegold Recovery (VSE), an exploratory drill program has started on the company’s Slumbering Hill property near…



People GRANDUC MINES

William Grismer appointed president and chief executive officer succeeding William Allan who resigned. People May 22, 1990…


FINANCING VANCOUVER

Ticker Tape Res — 600,000 sold for gross $342,000. Suntac Minerals — 1,800,000 sold for gross $756,000. Gratiam Res — opt exerc on 137,500 @ 40 cents per sh. First Star — 400,000 offered @ 50 cent…



Cathedral looking for Porcher partner

A recently completed exploration program on the Porcher Island gold property held by Cathedral Gold (TSE) appears to have prompted the company to look for a partner. .TLast year’s program was designed…


COATS (over-the-counter) New Holloway zone

Noranda has discovered a new gold-bearing structure on the Holloway gold property near Matheson, Ont. Infill drilling on the claims it shares with Freewest, Noranda intersected grades of up to 0.42 oz…


FUTURES PRICES (June 04, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) June 118.00 114.50 115.00 — 4.50 July 115.80 112.30 112.50 — 3.65 Aug — — 109.30 — — SILVER (in US cents pe…


Correction (June 04, 1990)

Contrary to what was reported (T.N.M., May 28/90), the average cost of production at Canamax Resources’ (TSE) three Canadian gold mines during the first three months of 1990 was US$372 per oz., compar…


U.S.REPORT Copper Range buys mill section for mine

For US$4 million, Copper Range Mining has purchased a 6,000-ton- per-day mill section from Round Mountain Gold. Copper Range is a unit of Metall Mining (TSE), while Round Mountain is a subsidiary of E…



Toronto Stock Exchange Indices (June 04, 1990)

0701,0205,0205,0205,0205,0205,0205,0205, May 29 May 28 May 25 May 24 May 23 HIGH LOW Composite “300” 3524.20 3498.68 3494.69 3510.57 3519.40 4009.47 3334.13 Metals & Minerals 3125.31 3070.48 3061.95 3…


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