Montreal Exchange Positive trading days
Continuing its winning ways this past week, the stock market recorded healthy gains in both its market portfolio and mining and minerals indices, on daily trading volumes ranging between 4.9 million a…
Articles by Northern Miner Staff
Drilling extends zone at graphite deposit of Stewart Lake
Drilling on the Kirkham graphite deposit in eastern Ontario of Stewart Lake Resources (TSE) has extended the strike length of zone 2 x 700 ft to the south. President Richard Scratch said two drills ar…
Goldteck tailings deal
Goldteck Mines (TSE) has completed an option agreement with Matachewan Consolidated Mines (COATS) which pertains to the tailings at Matachewan’s former producing gold mine near Matachewan, Ont. From 1…
Augdome starts court action against Metalore
An action has been commenced in the Supreme Court of Ontario against Metalore Resources (TSE) by COATS-listed Augdome Corp. Augdome, which owns a group of patented claims in Tisdale Twp., adjacent to …
Query Diepdaume update
I read with interest in your issue of Dec 5, 1988, the announcement of the proposed merger of American Reserve and Associated Porcupine. I am writing to enquire on the status of Diepdaume Mines, a com…
Neptune expands acreage around Colomac project
Busy Neptune Resources (TSE) is expanding its land position in the Indin Lake, N.W.T. area where it is spending $128 million to bring its Colomac gold project into production. The Toronto-based compan…
Noranda/Freewest start joint venture drilling
Noranda Inc. (TSE) has started drilling on a gold property held in joint venture with Freewest Resources (ME). The drill program will follow-up a strong intersection completed last year, which cut 57….
Gradore to reorganize
A cease trade order against Gradore Mines Ltd. (COATS), in effect since Feb 13, 1973, was rescinded recently by the Ontario Securities Commission, the company now being up to date with its filings. A …
Thunderwood, Falconbridge on target at Pelletier bet
Partners Falconbridge Ltd. (TSE) and International Thunderwood Explorations (TSE) had some good news to report after finishing a $3- million drill program at the Pelletier Lake gold property near Rouy…
PDAC convention set for March 5-8
Organizers of the 57th annual convention of the Prospectors and Developers Association of Canada (PDAC) are bracing themselves for another successful get-together this year. More than 4,000 delegates …
Coin Lake gold loan
A $17-million(US) gold loan has been arranged for the Golden Reward gold mine in South Dakota. Coin Lake Gold Mines (TSE), which holds a one-third interest in the project, says the mine is scheduled …
New Falconbridge Gold ready to `take a beating’
Falconbridge Ltd. (TSE) executives could have picked worse days in which to brief Toronto analysts on the potential of the company’s new gold producing subsidiary. After all, when Falconbridge and age…