Queenston begins second phase drilling
The second phase of a diamond drill program on Queenston Mining’s (TSE) Upper Beaver mine project in Gauthier Twp., Ont., has commenced. Pamorex Minerals (TSE) is earning a 51% interest in the propert…
Articles by Northern Miner Staff
IOCC GOLD OPTIONS (March 12, 1990)
Options Open Series Volume Last Interest May 400 C 31 818.50 1,247 May 410 C 30 113.00 1,112 May 420 C 510 7.50 2,372 May 440 C 220 3.00 1,612 May 450 C 284 2.00 1,013 Aug. 440 C 281 8.50 1,168 Aug. 4…
Editorial Small consolation
It may be of small consolation, but the mineral exploration industry is not alone in its suffering as a result of Finance Minister Michael Wilson’s recent budget. Junior mining companies may suffer th…
Editorial OMA draws a crown
The Ontario Mining Association’s 71st annual dinner recently offered the province’s legislators a chance to show its support for the industry, and the MPPs didn’t let the opportunity slip away. Althou…
Louvicourt Twp. find spurs area drilling activity
The discovery of a large copper- zinc massive sulphide deposit in Louvicourt Twp. east of Val d’Or, Que., by Aur Resources (TSE) and Societe Miniere Louvem (TSE) leaves one to wonder if similar finds …
Novagold expands in western U.S.
With the recent acquisition of three key properties in the Steeple Rock mining district in New Mexico, Novagold Resources Nevada continues to expand its interests in the Western United States. Novagol…
Metal Prices (March 12, 1990)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar. 6 Mar. 5 Mar. 2 Mar. 1 Feb. 28 Copper 1594-1596 1570-1571 1545-1547…
Intense exploration activity at Eskay Creek during 1989 provides
clearer picture of deposit…
Micron test plant enters production
A consortium of companies led by Micron Mining, a private American firm, has built a facility to test for gold recovery from the sandy material of a property in southern Nevada’s Moapa Valley. Gordon …
Toronto Stock Exchange Indices (March 12, 1990)
Mar. 6 Mar. 5 Mar. 2 Mar. 1 Feb. 28 HIGH LOW Composite “300” 3723.17 3711.97 3707.42 3700.15 3686.70 4009.47 3649.49 Metals & Minerals 3144.28 3151.15 3133.53 3094.08 3010.87 3453.05 2921.03 Integrate…
Stillwater plans Montana smelter
Construction of a smelter to treat palladium and platinum concentrates is planned by Stillwater Mining for western Montana near its mining operation. Estimated cost of the facility is US$6.6 million. …
Trevco bulk sample
Calgary-based Trevco Oil & Gas (ASE) has commissioned Minroc Management of Toronto, and J.S. Redpath Mining Consultants of North Bay, Ont., to provide an estimate of total costs to remove, ship and pr…