Bakra Res. makes Sannorm estimate
Vancouver-based Bakra Resources (VSE) has made an initial reserve estimate for the A zone at its Sannorm gold property near Rice Lake, Man. Bakra is earning a 50% stake in the 1,500-acre property from…
Articles by Northern Miner Staff
Near-surface zone on Gamsan property
Following a program of deep drilling to test down-dip extensions of a zinc-copper zone on the Brabant Lake property in northern Saskatchewan, Gamsan Resources (ASE) is now investigating a near- surfac…
Loree a winner of CIM award
For the second year in succession, Thom Loree, assistant editor of The Northern Miner Magazine, has emerged as a prize winner in the Canadian Institute of Mining and Metallurgy’s annual awards competi…
Gamsan completes drilling on Brabant Lake property
Edmonton-based Gamsan Resources (ASE) has completed a first phase winter drill program on its polymetallic property near Brabant Lake in northern Saskatchewan. The company conducted more than 12,000 f…
People (April 10, 1989)
URANIUM RESOURCES — Joe H. Card appointed vice-president marketing; Kelly L. Biddle appointed vice-president, plant manager.
IOCC GOLD OPTIONS (April 10, 1989)
Options Open Series Volume Last Interest May 390 C . 1,643 8.20 1,717 May 400 C * 391 4.00 4,230 May 420 C * 529 1.20 2,673 May 440 C * 565 0.60 2,773 Aug 400 C * 323 13.50 1,676…
Record Inco tax
Inco Ltd., which made more money in 1988 than ever before in its history — $735 million(US) — also paid a record amount of taxes in Manitoba. One of the company’s large nickel mining complexes is si…
McNickel on COATS
Following an amalgamation of Perch River Mines and Hanson Mineral Exploration, the common shares of the new company called McNickel Inc. (COATS) are now trading on the Canadian Over-the- counter Autom…
Law suits try Chelsea Res as Spotted Horse is tamed
While Chelsea Resources (VSE) attempts to bring costs down at the Spotted Horse gold mine in Lewistown, Mont., two lawsuits brought about by two exploration companies are providing more financial head…
Aston Resources
Aston Resources (VSE) has optioned a property in Pelletier and La Trappe twps., near Lac St. Jean, Que. Aston can earn a 100% interest in the 38-sq-mi Pike Lake property by making payments totalling $…
Three drills busy on Bitech’s Nugget Pond
The number of shares Bitech Energy Resources (ASE) has issued recently is probably the main reason for the decline in the company’s share price, not the failure of exploration work to live up to expec…
Falconbridge doubts nickel price justifies Raglan go-ahead
A conclusion by Falconbridge Ltd. (TSE) that an average price of $4 per lb(US) nickel over the next seven years is unrealistic, is the main factor constraining development of the huge nickel-copper de…