Articles by Northern Miner Staff

News in Brief (April 03, 1989)

Lakeshore Minerals (ASE) has acquired a 33-claim gold property in Maricopa Cty., Ariz. Consideration paid for the claims was 100,000 common shares of Lakeshore. The property is subject to a 10% net pr…


KING OF ZINC

As base metals mines go, the No. 12 mine in Bathurst, N.B., is No. 1 in more ways than one. No mine in the world can top it in terms of zinc-in-concentrate produced each year (about 238,000 tonnes). A…


McFinley extends date for rights offering

The expiry date for McFinley Red Lake Mines’ (TSE) current rights offering to shareholders has been extended to April 6 because of delays in distribution of the rights offering documents to United Kin…



Marshall, Caribou in custom milling talks

Negotiations involving Toronto- based Marshall Minerals (ASE) and East West Caribou Mining could make an open pit base metal producer out of the Restigouche polymetallic property in New Brunswick. If …



McNickel created by amalgamation

The shareholders of Hanson Mineral Exploration (COATS) and Perch River Mines have approved the amalgamation of the two companies. The name of the amalgamated company has been changed to McNickel Inc. …


Abcourt reports lower tonnage

Tonnage extracted from the Abcourt-Barvue zinc-silver mine about 40 miles north of Val d’Or, Que., during the last six months of 1988 was down when compared with the same period a year earlier, Abcour…



Granges increases stake in Trout Lake mine

With a major development program to increase reserves and facilitate exploration at depth nearing completion, Granges Exploration (TSE) has moved to increase its stake in the Trout Lake mine located n…


Gold funds as of March 28

BGR Goldcorp Central MVP Capital Net value $12.15% 9.16 6.67% N/A Price $ 9.63% 5.250 5.88% N/A Discount $20.78% 42.7% 11.9% N/A Va…


Cusac, Gulf secure custom milling contract

With a custom milling contract now in place, 50/50 partners Cusac Industries (TSE) and Gulf Titanium (VSE) say the processing of ore produced at the Cruse-Belmont mine near Helena, Mon. will begin in …


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