Articles by Northern Miner Staff

$150,000 in flow-through for Fontana gold project

A maximum of $150,000 in flow-through financing will go toward Jilbey Exploration’s (ME) share of expenses on the Fontana joint venture project in Duverny Twp., Que. CMP 1990 Resource Partnership has …


METALS PRICES PRODUCER PRICES (May 21, 1990)

ALUMINUM: MW U.S. Market US70.75- 73.75 cents per lb. (May 10, 1990). ANTIMONY: New York dealer US82-84 cents per lb. (Apr. 19, 1990). BISMUTH: New York dealer US$4.15-4.25 per lb. (May 10, 1990). CAD…



Denison has loss in first quarter

Improvements at Denison Mines’ (TSE) uranium operations at Elliot Lake, Ont., were offset by a number of other factors including lower oil and gas production during the three months ended March 31. As…


Colombia guerrillas attack gold mine

A small gold mine in northern Colombia, recently destroyed by guerrillas, is owned by Americans, and not Canadians as has been reported. Jim Anthony, chairman of Greenstone Resources (TSE) which has p…



USMX to buy 50% of Alligator Ridge mine

USMX (NASDAQ) of Denver, Colo., has reached an accord with RTZ-subsidiary Kennocott Corp., to purchase the latter company’s 50% interest in the Alligator Ridge gold mine in White Pine Cty., Nev. A for…



INSIDE Small drills offer flexibility in setup

Since 1983, Hydracore Drills has been developing a new drill suitable for drilling on difficult surface setups that would allow easy movement and repositioning. The result is two drills that are compa…


Noramco options B.C. copper-gold bets

Two Noramco group companies recently entered into agreements allowing Noramco Mining (TSE) to earn interests in two separate copper-gold projects near Nelson, B.C. Golden Lake Resources (VSE), which h…


Corrections (May 21, 1990)

Contrary to what was reported (T.N.M., April 16/90), the Caribou lead-zinc mine in New Brunswick, which Breakwater Resources (TSE) has agreed to acquire, contains proven reserves of 1.9 million tonnes…



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