Articles by Northern Miner Staff

Brex drilling

Encouraging results have been reported by Brex Exploration (ME) from the Shoal Lake property 24 miles southwest of Kenora, Ont. Three holes were drilled. Hole 89-2 cut 9.7 ft of 0.24 oz gold per ton a…


Some observers say find the best since Kidd Creek

Mining analysts and industry executives are calling it the most significant base metals strike since the Kidd Creek orebody was discovered near Timmins, Ont., by Texas Gulf back in 1964. The copper-zi…



COATS (Over-the-Counter)

Trading was quiet on COATS this week with share prices generally unchanged to fractionally lower. Last month’s average daily value traded on the over-the-counter market reached a 12-month low of less …



INSIDER TRADES (June 26, 1989)

Bema Gold — G. Nordin sold 57,000 (May) @ $1.01-$1.05 to hold 545,516. Citadel Gold — Sherfam Ind. bought 833,176 (Apr, May) @ $1.15-$1.50 to hold 4,680,096. Cominco — Teck bought 244,879 (May, pri…




Exmar busy in Newfoundland

Surface sampling has returned anomalous gold-silver values on Exmar Resources’ (VSE) Yak Lake property on Newfoundland’s Baie Verte Peninsula. The company says recent surface sampling has yielded valu…


95% recovery from Turquetil gold bet

Metallurgical test work has demonstrated a 95.4% gold recovery rate from drill core samples taken on the Turquetil property owned by Noble Peak Resources (ASE) and Dejour Mines (TSE). The property is …



Galactic suspends mining at Summitville

Concerns about the stability of a leach pad facility at the Summitville open pit gold mine in Colorado has prompted Galactic Resources (TSE) to temporarily suspend mining operations. The company said …


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