Bralorne gold property nears feasibility stage
A $3.1-million exploration program aimed at advancing the Bralorne gold mine property of Golden North Resource Corp. (TSE) and Imperial Metals (TSE) to the production feasibility stage by year-end is …
Articles by Northern Miner Staff
News inBrief (July 25, 1988)
Triple M Mining Corp. has changed its name to S. E. Storage Express (International) Ltd. (sxe:vse) on a share-for-share basis.
J.A.G., Valmont work Malartic bet
Drilling at its Malartic gold property in northwestern Quebec has intercepted a new horizon, bearing free gold and arsenopyrite, about 260 ft south of the main zone, J.A.G. Mines (ME) reports. Preside…
Falconbridge setsd $32m. for Lindsley project
Spurred by encouraging surface exploration results at its Lindsley base/precious metals prospect in the Sudbury area of Ontario, Falconbridge Ltd. (TSE) plans a $32- million shaft sinking and undergro…
Aurogin, Duration active near the Soo
A $200,000 flow-through share financing will enable Aurogin Resources (VSE) to finance the company’s 33.33% interest in an exploration program in Palmer and Ryan twps., Ont. Located near Sault Ste. Ma…
News in Brief (July 25, 1988)
Vancouver-based Fleck Resources (VSE) says it has arranged with NIM Resource — 1988 and Co. Ltd. Partnership for a flow-through share issue to raise $500,000 for qualified expenditures on Fleck’s Smi…
Metal Prices PRODUCER PRICES (July 25, 1988)
ALUMINUM: MW U.S. Market $1.22-$1.29 per lb. (July 7, 1988). ANTIMONY: New York dealer $0.95-$1.05 per lb. (July 7, 1988). BISMUTH: New York dealer $5.60-$5.75 per lb. (June 23, 1988). CADMIUM: New Yo…
Thor to earn interest in Big Hurrah project
Calgary-based Thor Gold (ASE) has signed a letter of intent to earn a 70% interest in Golden Zone Developments’ (VSE) Big Hurrah project on the Seward Peninsula about 45 miles east of Nome, Alaska. Th…
Gold survey maps are on sale in B.C.
New gold survey maps covering a large area of north-central British Columbia are now available from the province’s ministry of energy, mines and petroleum resources. The maps are based on a government…
Maufort, Cambior completing dewatering at Siscoe project
The dewatering process at the Siscoe project in northwestern Quebec, to be completed this summer, will open the shaft for exploration to 2,539 ft, Maufort Resources (ME) reports. Maufort’s joint ventu…
Canada’s newest gold producer
Some 200 invited guests cheer as Mine Manager Ebe Scherkus exhibits the firs t gold bar to be poured at the spanking new mining and milling complex of Dumagami Mines’ (TSE) at Cadillac, Que., Canada’s…
Subdued year forecast for silver
A recent rally pushed the price of silver over $7(US) per oz, but the precious metal will be hard pressed to maintain that price level this year, writes the London metals research unit of the internat…