American Gold Minerals exploring Siskon mine
Recent drilling by American Gold Minerals has detected extensions along strike and at depth to gold zones of the past-producing Siskon mine in northern California. American Gold is a privately held De…
Articles by Northern Miner Staff
FUTURES PRICES Metal Prices (September 18, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Sep132.50 129.00 130.50 + 2.50 Oct128.00 128.00 128.90 + 2.30 Dec127.75 124.00 125.70…
B.C. mine safety audit sees room for improvement
Results of a safety audit program of new mines and advanced exploration projects in northwestern British Columbia have persuaded the Ministry of Energy, Mines and Petroleum Resources to conduct more i…
Gold values reported at HSK’s Denison bet
Toronto-based HSK Minerals (TSE) has reported a number of gold discoveries at its 52-claim Denison Lake property in the Mishibishu Lake area, 53 miles southeast of Hemlo, Ont. Central Crude Ltd. (TSE)…
Gold funds as of Sept 12
MVP BGR Central Capital Net value $11.41 $ 5.85 $0.58 Price $10.00 $ 5.75 $0.29 Discount 1.12% — 1.7% 50% Value $67,937,730 $98,403,959 N/A…
Fatal accident at Windy Craggy
An underground accident at the Windy Craggy exploration site in northwestern British Columbia has killed an employee of Main Street Mining, the Whitehorse-based mining contractor for Geddes Resources….
Mikado drill ing returns good values at Red Elephant
Surface drilling by Mikado Resources (VSE) on the Red Elephant gold property, 60 miles southeast of Revelstoke, B.C., has returned a number of impressive assay results. The Red Elephant property is ow…
Windarra encouraged by LaRonge gold bet
A summer drill program on the Preview Lake property in Saskatchewan’s LaRonge gold belt continues to test the Bakos zone structure, reports joint venture partner Windarra Minerals (VSE). Windarra hold…
Goldquest rises on speculation
Shares of Toronto-based Goldquest Exploration (TSE) took another mysterious turn upward recently, but the company still hasn’t released any results from a major drilling program under way on its Red L…
Calpine to spend $2.3 million on GNC
The GNC property located immediately adjacent to the Eskay Creek property in northwestern British Columbia is to be the subject of a $2.3-million work program by Calpine Resources (VSE). Calpine is co…
Metal Prices PRODUCER PRICES (September 18, 1989)
ALUMINUM: MW U.S. Market US79.25 cents – 81.25 cents per lb. (Sept 7, 1989). ANTIMONY: New York dealer US90 cents -95 cents per lb. (Aug 10, 1989). BISMUTH: New York dealer $4.65-$4.80(US) per lb. (A…
Ontario approves exploration grants
Two exploration assistance programs received royal assent on July 13. The Ontario Mineral Incentive Program will provide grants, up to 30% o f eligible expenses or an annual maximum of $150,000, to i…