Northgate, Westfield pool mining assets
Northgate Exploration (TSE) and affiliate Westfield Minerals (TSE) have agreed to pool several assets into a holding company. Known as Norwest Holdings, the company will own an 18% interest in Whim Cr…
Articles by Northern Miner Staff
First Mississippi pre-tax profit from mining division $2.5 million
First Mississippi Corp. has reported a pre-tax operating profit of $2.5 million from its minerals division for the year ended June 30. The profit, which compares with a $200,000 loss a year ago, refle…
Alberta Stock Exchange Varna merits attention
Gold watchers can take heart from the progress of the Varna Gold issue which proved single handedly that even in the current market climate, investors still care about drill results. Encouraging resul…
Diamonds are forever, but in Saskatchewan?
The discovery of kimberlite, a diamond-hosting rock, near Prince Albert by Monopros Ltd., a subsidiary of DeBeers Mining Company, has many people thinking there could be. Several majors have secured l…
Mining fear, not gold
This year securities commissions across North America estimate that tens of thousands of Canadians and Americans will lose in excess of $250 million in stock and investment swindles related to gold sh…
Vancouver Stock Exchange Value of trading in ’88 half of ’87
The anniversary of October 1987’s “Black Monday” is just around the corner, and although it’s the kind of milestone that only an unabashed short-seller could truly love, one need only look at VSE trad…
Roddy Res. getting Bighorn into shape
Plans to put the Bighorn project in Arizona back on track are progressing slowly but steadily, says Roddy Resources President Steven Harapiak. “We’re methodically clearing out the problems,” at the he…
Glen Auden grabs yield high grade
Several high grade gold showings have been discovered by Glen Auden Resources (TSE) on the company’s Sewell-Reeves property near Timmins, Ont. Channel samples across a 3.3-ft width yielded assays up t…
Reserve Estimate Being Compiled For Colony’s Blue Moon Project
A detailed ore reserve estimate is being compiled by the mining consulting firm of Derry, Michener, Booth and Wahl on the Blue Moon polymetallic deposit in California, owned 100% by Colony Pacific Exp…
Seabright feasibility
A preliminary feasibility study is being completed by Seabright Explorations (TSE) on the company’s Touquoy gold property in Nova Scotia. A 20,000-ton bulk sample is also being mined which will be pro…
Esperanza drill program at Tillicum indicates bulk tonnage
A major drill program on the East Ridge zone at Esperanza Explorations’ (VSE) Tillicum Mountain gold property has added an important bulk tonnage dimension to the project. Until recently, reserves wer…
U of T social night
The annual University of Toronto Social Night is scheduled for Oct 27. A popular event in past years, this year’s evening will highlight Herman Derbuch, director of mining for Noranda Minerals, who wi…