Mimiska gold showing
A new gold showing has been announced by Mimiska Mining (ME) at its Fern Elizabeth property at Atikokan, Ont., 120 miles west of Thunder Bay. A drill hole cut 0.21 oz gold per ton over 29 ft at a dept…
Articles by Northern Miner Staff
Viceroy impact report bodes well for project
An environmental impact report prepared for Viceroy Resource Corp.’s (TSE) Castle Mountain project in California concludes the proposed operation meets regulatory requirements and has “no significant …
Gold market in short supply: Shearson Lehman Hutton
While some analysts talk of an encroaching oversupply of gold, international investment dealer Shearson Lehman Hutton forecasts 1989 will be marked by a persistent shortage of immediately available ma…
Corona purchase of Piedmont shares expected to increase Haile
A number of majors were in the running, but Corona Corp. (TSE) came out the winner in its effort to strike a deal with North Carolina- based Piedmont Mining (NASDAQ). Corona recently agreed to purchas…
Ballatar to finance Alaskan gold project
Under terms to be defined in a formal option agreement, Ballatar Explorations (VSE) intends to provide the necessary financing to bring the Shumagin gold-silver mine into production. The company can e…
Corona begins evaluation of Canty deposit
An economic evaluation of the Canty deposit near Hedley, B.C., is slated to begin in March under the direction of Corona Corp. (TSE). The study follows completion of the 1988 drill program on a number…
X-Cal begins reserve calculations for Snowbird
X-Cal Resources (TSE) says its winter drilling to date has located possible reserves of about 250,000 tons grading 0.20 oz gold from the North zone on its 6,000-acre Snowbird property near Fort St. Ja…
Goldhunter, Caviar drill results
Drilling completed by Goldhunter Explorations (ASE), Pinetree Explorations (COATS) and Caviar Resources (COATS) has intersected high grading gold values on their Wright Lake property west of Pickle La…
United Keno Hill rights offering
Toronto-based Falconbridge Ltd. (TSE) affiliate United Keno Hill Mines (TSE) is attempting to arrange a rights offering to pay off outstanding debts and finance working capital requirements. United Ke…
Letter to the Editor Ontario Hydro cost conscious
Contrary to the opinion stated in the Feb 6 editorial “Money is no object,” Ontario Hydro is proposing the least cost option for reducing acid gas emissions. Costs are a major consideration for all pr…
Ateba problems
Ateba Mines (TSE) has opted to discontinue its participation in the Magnet mine project with joint venture partner Roxmark Mines (TSE). Located near Geraldton, Ont., the Magnet mine was a former gold …
Beaver makes changes at Kramer Hill mine
Production has resumed at Beaver Resources (TSE) Kramer Hills project in California following the addition of a crusher, agglomerator, conveyors and a stacker. “The added equipment will solve the diff…