Books in Review (November 16, 1987)
The Prospect for Gold: the view to the year 2000 by Timothy Green; ** published by Rosendale Press, 140 Rosendale Rd., Dulwich, London SE21 8LG; available in North America from Walker & Co., 720 Fifth…
Articles by Northern Miner Staff
United Reef samples Montana property
United Reef Petroleums is encouraged by underground sampling results from the company’s Alder Gulch gold property in Montana. Sampling of the Atlas vein returned an assay of 0.27 oz gold per ton acros…
Malartic OKs gold production from Orion mine
A production decision has been made for Malartic Hygrade Gold Mines’ wholly-owned No 8 gold zone, to be called the Orion mine, on the company’s property near Malartic, Que. Mining is expected to start…
Newhawk and Lacana deal gets shareholder approval
The reverse takeover of Newhawk Gold Mines by Lacana Mining Corp. has been approved by Newhawk shareholders. The deal will see Newhawk acquire Lacana’s 30% interest in the Sulphurets gold project in B…
Queries Escrow shares are Goldbeam connection
I would like some information with regard to some shares I own in Goldbeam Mines Ltd. I want to know if the shares are still in good standing, where the mine property is located, and anything you can …
Fourth drill expected soon at Lamaque site
Miners are working on three levels and there are three drills operating, with a fourth expected shortly, at the Lamaque joint venture project at Val d’Or, Que., Tundra Gold Mines reports. Tundra is ea…
Vancouver Stock Exchange No “slaughterhouse” for Destiny
These are certainly trying times for investors not only in Vancouver but on the big boards in New York and Toronto. It’s been a no win situation for just about everybody. Bargain hunters seeking quick…
Noble Peak happy with results at Happy Lake
Assay results from exploration work this season in the Happy Lake area near Rankin Inlet, N.W.T., is starting to tie together previously apparent erratic and discontinuous gold values, according to pr…
Rio Algom tries again for PCA amalgamation
Rio Algom says there are a number of benefits to be gained from an amalgamation with its subsidiary, Potash Co. of America, and says it is again trying to push through the amalgamation, after failing …
Atlantic Report NovaGold going to bulk sample
Approval has been received by NovaGold Resources to proceed with a bulk sampling program at its Fifteen Mile Stream gold property in Halifax Cty., N.S. The company reports a 20,000- ton bulk sample wi…
Fargo, Brenda reach agreement on kaolin project
An agreement has been finalized by Fargo Resources and Brenda Mines covering the Lang Bay kaolin property at Powell River, B.C. Brenda, a member of the Noranda group, may earn a 50% interest in the pr…
Current strong gold price portends higher inflation (November 16, 1987)
The price of gold has, at various times, been linked to almost everything including political uncertainty, the price of oil and wars. As is typical of any commodity, the price of gold reacts in the sh…