Historic Welsh base metal mine to re-open
Parys Mountain on the Isle of Anglesey off the north coast of Wales has been mined for more than 2,000 years. Both the Druids and the Romans mined for copper on Parys Mountain and it later provided th…
Articles by Northern Miner Staff
Glencairn Explorations signs letter of intent to fund diamond mine
A letter of intent has been signed between Glencairn Explorations (ASE) and a Brazilian bank. The bank has agreed, subject to certain conditions, to carry out a best efforts private placement offering…
Good results from Mac zone a boost to busy Noble Peak
Busy Noble Peak Resources (ASE) recently tabled some encouraging results from an initial round of drilling at its Mac gold property in the Northwest Territories. Situated southwest of Rankin Inlet, th…
News in Brief (July 17, 1989)
Goldways Resources Inc. (GWY:VSE) has subdivided the company’s common shares on a 4-new-for-1-old share basis. Transfer agent is Montreal Trust Company.
INSIDER TRADES (July 17, 1989)
Belore — Merbank Capital sold 100,000 (June, private) @ 25 cents to hold 400,000. Dundee-Palliser — S. Fenton sold 54,500 (May, amended) to hold 1,500. Gldn Tanager — H. Hodge bought 500,000 (June)…
Deep drilling returns good results at Polaris-Taku
Several holes drilled at significant depths below the previous mine system returned good gold values at the Polaris- Taku mine project located in the Tulsequah River area of northwestern British Colum…
Cartier buys stake in Louvicourt bet
Exploration is scheduled to begin soon on a group of 19 claims beside the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide discovery east of Val d’Or, Que. Cartier Resources (TSE) ho…
Alberta Stock Exchange (July 17, 1989)
Some encouraging results from the Bryndon Ventures, Antelope Resources joint venture at Rossland, B.C., were sufficient to spark a 20 cents increase this week in the value of Bryndon’s share price. I…
Letters to the Editor Checkin’ the ‘rithmetic
In the second section of The Northern Miner of June 19, there is a speech by Frank Duval concerning the Montana silver mine near Troy, Mont. Mr. Duval’s arithmetic is off regarding the value of the or…
Despite 1988 loss, Agnico announces big exploration plan
Despite disappointing operating results last year which led to the company’s first loss since 1977, Agnico-Eagle Mines (TSE) is embarking on its biggest and broadest exploration programs ever, Preside…
Drilling hits high grade gold in Rossland camp
Project operator Antelope Resources (VSE) has intersected an impressive 7.1 oz gold per ton over an estimated true width of 8.4 ft at a depth of 150 ft in an untested area on the Iron Colt claim near …
Minnova, Westfield deal on Big Island base metals play
Minnova Inc. (TSE) has acquired an option to earn a 50% interest in the Big Island Lake polymetallic deposit owned by Westfield Minerals (TSE) and Goldbra e Developments (VSE). Located near Flin Flon,…