News in Brief (October 16, 1989)
Azora Minerals has changed its name to International Azora Minerals Inc. (IAZ:VSE) on a 1-new-for- 4-old share basis. Transfer agent is Montreal Trust Company.
Articles by Northern Miner Staff
Several nickel projects alive despite price decline
The base metal price boom of 1988 may be fading into history now, but the legacy of new nickel projects it left behind still endures. It was nearly a year ago this month, for example, when Hudson Bay …
Letters to the Editor Devon R&D centre not closing
In the editorial page of your edition of Oct 2, 1989, you allude to cuts in R&D in surface mining at one of the Canada Centre for Mineral and Energy Technology (CANMET) laboratories at Devon, Alta., t…
Amax, U.S. Gold OK $73-million(US) Hayden Hill project
Colorado-based companies Amax Gold and partner U.S. Gold have agreed to go ahead with a $73-million(US) development plan to bring their Hayden Hill gold project into production by 1992. Situated in La…
High grade ore shoot drilled by Biron Bay
Results just released by Biron Bay Resources (ASE) from the Summit gold project in New Mexico indicate that the property contains a high grade ore shoot within a gold- silver deposit delineated by ear…
Corona awarded Rambler
Corona Corp. (TSE) has been awarded the rights to the Rambler North properties from the Newfoundland government. A proposal submitted by Corona and Goldbar Resources, a Newfoundland-based junior explo…
COATS (over-the-counter) Gold issues gain
A group of junior companies with gold properties in Chester Twp., Ont., continued to see active trading again this week although there has been little news released regarding drill results obtained on…
Golden Point reports Wawa project results
A $300,000 exploration program has been recommended to follow up a gold-bearing quartz vein system on Golden Point Exploration’s (ASE) McMurray Twp., property near Wawa, Ont. The 41-claim property is …
Aur considers Val d’Or smelter
Construction of a smelter, at a capital cost that could reach $350- million, is being considered for any ore mined from the Aur Resources (TSE), Societe Miniere Louvem (TSE) base metal discovery. Whil…
Crown Butte has three rigs at Miller Creek discovery
Three rigs are continuing to drill the Miller Creek zone on the New World property in Montana where Crown Butte Resources (VSE) and project manager Noranda Exploration recently made a new gold-silver-…
Editorial The Keevil legacy
Norman Keevil Sr.’s legacy to the mining industry is something of a paradox. An academic by training who took justifiable pride in his published work, he was also the essence of mining’s entrepreneuri…
Canyon buying Addwest
Canyon Resources (NASDAQ) has exercised an option to buy the assets of Addwest Gold for $33 million(US) plus a 2% royalty on gold production from the Briggs property in California. The option to acqui…