Goldhunter options Cons. Milner claims
Toronto-based Goldhunter Explorations (ASE) recently acquired an option to earn a 60% working interest in 40 unpatented mining claims near Pickle Lake, Ont. Held by Milner Consolidated Silver Mines (A…
Articles by Northern Miner Staff
3 holes extend size of Aur’s discovery, intersect new zones
Eagerly awaited drill results from Aur Resources’ (TSE) massive sulphide discovery surpassed expectations judging by the reaction of the stock market. Two holes extended the zone announced earlier (N….
Partners pull good holes on Equinox properties
Drilling by Cominco Resources International (TSE) and LAC Minerals (TSE) intersected gold mineralization on two separate Nevada properties where Equinox Resources (TSE) is owner or joint venture partn…
Louvem shareholders reject special plan
Societe Miniere Louvem (TSE) said a plan of arrangement proposed to its holders of Series A First preferred shares was rejected by approximately 96% of the common shareholders who recently attended a …
Analyst sees metals shortage following recession in 1989
Investors who have enjoyed the latest upswing in base metal prices should be ecstatic in the 1990s when prices are again set to peak, according to securities firm Nesbitt Thomson Deacon. Nesbitt, whic…
Spot prices at a glance (July 10, 1989)
Week’s Price (US) Change Gold*$378.40 $ 4.65 Silver*$ 5.26–$ 0.04 Platinum*$508.10+$ 3.00 Nickel**$ 5.53+$ 0.11 Lead**$ 0.30 $ 0.00 Copper$ 1.11–$ 0.04 Zinc$ 0.76—- Courtesy of Scotiabank. I…
Agnico deal with North American
Agnico-Eagle Mines (TSE) has acquired an option to earn a 51% interest in the Vezza gold deposit and surrounding lands controlled by North American Rare Metals (ME) and Dundee-Palliser Resources (TSE)…
Explorationists give porphyry deposits another look
The recent discovery of the Mt. Milligan porphyry copper-gold deposit north of Fort St. James, B.C., has provided explorationists in the Cordillera with an important new target. But for those in the i…
Inco debenture
Inco Ltd. (TSE) will issue $150 million(US) of 9.875% sinking fund debentures due 2019 in the United States domestic bond market. The debentures will not be offered in Canada. Inco says it will use th…
Tombill investment portfolio strong
With its mining interests “on hold” and income from oil and gas covering the company’s operating expenses, Tombill Mines (TSE) is directing its efforts to further increasing the already healthy value …
Mt. Burgess, Arboyune primed for production
Junior sector companies face the same problems “Down Under” as they do in Canada. Depressed market conditions, brought about by falling gold prices and high Australian interest rates, have decimated m…
Bridger developing 200-tpd gold mine in Chile
Although dwarfed by a number of mega-mine projects nearby, Bridger Resources (VSE) is aiming to produce about 37,500 oz gold per year from a modest-sized mine project being built in the Maricunga dist…