Editorial Gold save us all
Boring, are we? Where does Britain’s Economist magazine get off calling Canada “irredeemably boring?” It came to that unforgivable assessment recently in a research report titled The World in 1988. T…
Articles by Northern Miner Staff
Alberta Stock Exchange Argus is prominent
In recent weeks, Argus Resources has figured prominently as investors respond enthusiastically to its massive sulphide discovery near Contwoyto Lake in the Northwest Territories. While the project is …
Supreme Court defers decision on Lac-Corona
A decision on whether to grant Lac Minerals the right to appeal earlier court rulings awarding ownership of the Williams gold mine in the Hemlo area of northern Ontario to International Corona Resourc…
Royex, Galveston deal
Another paper shuffle within the Royex Gold Mining group has resulted in a 13.36% interest in Royex Gold being sold to Galveston Resources. Consideration for the deal is Galveston’s 1.13 million PezCo…
Vassan encouraged by drill results
Exciting preliminary drilling results have been reported by Vassan Inc. from 14 holes at the company’s Vassan gold property located near Val d’Or, Que., north of the old Siscoe mine. Among the better …
Golden Sitka takes over Alaska gold project
Funds raised in a public offering will be used by Golden Sitka Resources for a $2 million(US) exploration and development program on its Chichagof and Hirst mine properties located 50 miles west of Si…
Chelsea’s Spotted Horse profitable in past month
The high grade gold mining operation of Chelsea Resources near Lewistown, Mont., has started to turn a profit, according to Fernando Nuflo-Moya, chairman. He confirms that “since the second week of No…
Montreal Exchange Audrey boosts output
Starting and finishing the week in positive fashion, the Montreal Exchange is beginning to show more (though still relatively moderate) trading activity compared with recent weeks. The larger “senior”…
Second joint venture for San Paulo- Teck (Head – 18 bold)
San Paulo Explorations, which recently entered into a joint venture agreement with Teck Corp. to finance a sizeable exploration program to earn a 50% interest in the latter’s Leitch mine property at B…
Could one hole in Cranbrook, B.C. kill Red Dog?
To an untrained eye it’s an ordinary zigzag on a piece of paper filled with zigzagging lines. But to Paul Cartwright, a geophysicist whose company, Pacific Geophysical, conducted the Controlled Source…
Mid-North gold acquisition
A former producing gold property has been acquired by Mid- North Resources. Located near Snow Lake, Man., the property produced 52,849 oz gold between 1936-1940. Known as the Laguna mine, the operati…
Northumberland to take another look at old mine
The decision to go underground once again in the Goldenville district of Nova Scotia — probably the first real boom gold camp in Canada, starting in 1860 — should be made late this month, according …