Interest expressed in Dumont property
Record nickel prices have created an interest in a deposit of the base metal situated in northwestern Quebec, Dumont Nickel (ME) of Val d’Or reports. Two American companies are negotiating for long-te…
Articles by Northern Miner Staff
Underground program planned by Citadel at Surluga property
Under new ownership, Citadel Gold Mines (TSE) is getting serious about its former producing Surluga gold property at Wawa in northern Ontario. The junior mining company is planning an underground test…
Copper upturn helps Lornex
Copper prices reaching levels not seen since 1980 helped Lornex Mining Corp. (VSE) enjoy one of its better years, according to the company’s annual report. Lornex has a 45% interest in Highland Valley…
Chevron, Stroud are considering underground work
An underground exploration program will be considered following the completion of a 30,000-ft drill program at the Hislop project held by partners Chevron Canada Resources, and Stroud Resources (TSE)….
Gibraltar profits
After six years of losses, Gibraltar Mines (TSE) describes its return to profitability as particularly significant because it “probably has the lowest grade orebody of any operating copper mine in the…
Saleine Mines sold to Canadian Salt
A wholly-owned subsidiary of the Quebec government’s Soquem, Seleine Mines, has been sold to Canadian Salt for $35 million. The Saleine operation produces salt from a deposit situated on one of the Ma…
Toronto Stock Exchange Falconbridge, Inco highlight lethargic week
Trading in the shares of Inco Ltd and Falconbridge Ltd was the only highlight in a generally lethargic week of activity. Today, both issues raced near their highs, primarily due to firming commodity p…
Duration nickel find
A nickel-copper discovery has been made by Duration Mines (TSE) on the company’s property near Geraldton, Ont. A drill test of a geophysical anomaly cut 98 ft grading 0.5% combined nickel- copper per …
First reserve grades low on Bay/Jilby Fontana bet
The three joint-venture partners on the Fontana property in Duverny Twp. in northwestern Quebec have announced the first reserve figures on the property. Calgary-listed Bay Resources and Services (ASE…
Books (April 11, 1988)
Straight Talk — Three-part series aimed at the novice investor looking for more information to commonly asked questions about the exchange, stockbrokers and risk. For a free copy contact: Toronto Sto…
Greenstone/Dragoon venture in 9-month tune-up stage
Production of silver-lead-zinc concentrates is under way once again at the Comstock Silver Cup mine in British Columbia’s Slocan mining district, The Northern Miner has learned. Nearly 70 years since …
Normetal options property interest
An option to earn a 25% interest in the Normetal gold property located northwest of La Sarre, Que., has been acquired by Orfinance Resources from Normetal Mining Exploration. To earn its interest, Orf…