Obituary Walter Baker
Walter Baker, well-known prospector and resident of Larder Lake, Ont., died suddenly on March 2. He was 86. Baker began prospecting at an early age in the Bisset-Rice Lake gold camp of Manitoba and du…
Articles by Northern Miner Staff
Easing of regulations in Latin America improves climate for
investment…
Northgate income up from last year
Lower income taxes and investments in associated companies resulted in a better earnings picture for Northgate Exploration (TSE). The Toronto-based company reported net income of $9.4 million or 42 ce…
McGill stakes claim to seniority
In announcing a most generous gift by Inco to the Mining Engineering Department of Queen’s University for the provision of modern laboratory facilities, you refer to the Queen’s department as Canada’s…
Reserves at Hislop top one million on Stroud’s Hislop project
Reserves have topped the 1-million-ton mark at Stroud Resource’s (TSE) Hislop Twp. gold project near Timmins, Ont., after recent drilling intersected high gold values in the Creek zone. According to S…
General News & Comment Ontario will stop issuing assay coupons
When Ontario’s new Mining Act comes into force next year, the province will stop issuing free assay coupons to licensed prospectors. The total value of the 990 coupons redeemed between April 1, 1988, …
Shamrock looking to production
An approval- in-principle has been reached between Shamrock Resources (VSE) and United States Antimony (NASDAQ) for the development of the Yellowjacket property in Lehmi Cty., Idaho. A proposed plan o…
$4 million Inco program likely at Cochenour mine
Hopes that the prolific Red Lake, Ont., gold camp will give rise to another new gold production continue to rest on the old Cochenour- Willans property, where Inco Gold, a unit of Inco Ltd. (TSE), is …
FINANCING (March 19, 1990)
Desert Sands — 800,000 offered @ 50 cents per unit. Eurogold — min 500,000 offered @ 45 cents per sh. Milan Res & Expls — 1,000,000 sold for gross $450,000. Excellon Res — min 650,000 offered @ 35…
Armistice preparing for bulk sample
Two exploration programs were undertaken by Armistice Resources (ME) at its Virginiatown, Ont., property in January, one geared toward extraction of a bulk sample and the other involving surface work….
Bachelor Lake agrees to sell 60% of mine, mill to Hecla Mining
Toronto-based Bachelor Lake Gold Mines (TSE) has agreed to sell a 60% stake in its Desmaraisville, Que., gold mine and mill to Hecla Mining Co. of Canada. While the deal is subject to due diligence an…
Vancouver Stock Exchange New results boost Eskay Creek players
Despite a pull-back in gold from the US$405-level to below US$400 per oz., the Vancouver Stock Exchange managed to gain about six points to the 738-level. The bullion market appears to be mirroring in…