Hedman stakes near Matheson
Industrial mineral producer Hedman Resources, is getting into the grassroots gold exploration game. The company has completed a staking program which staked 560 claims in five blocks within McCool, Mi…
Articles by Northern Miner Staff
Granges to up Hycroft stake
Granges Exploration, which owns a 56.5% interest in Hycroft Resources & Development, plans to increase its interest to 58.5% following a private placement of shares and the exercise of one-year warran…
Editorial Mining industry should help sell free trade
The tide of opposition to the Canada/U.S. free trade agreement continues to mount, and we think Canada’s mining industry, which has a good deal to gain from it and a lot to lose if it fails, should be…
Nexus spends $2.3 million on Toodoggone area property
Approximately $2.3 million has been spent this year by Nexus Resource Corp. on St. Joe Canada’s Silver Pond property in the Toodoggone area of B.C. Results are now available from a 99- hole program in…
Claude gold find north of La Ronge
Claude Resources, which with Placer-Dome Inc is busy with an underground exploration program on the Seabee gold deposit east of La Ronge, Sask, has come up with another gold discovery. Located 140 mil…
CIM District Six meeting reviewed B.C. gold projects
If attendance at cim’s District Six 11th annual meeting here Oct 28-31 is a barometer that will gauge exploration in British Columbia and the Yukon, then sagging stock exchange markets will not pressu…
Ecudor new name of La Pause Res.
Quebec junior-mining firm La Pause Resources has a new name: Ecudor Mining Society. The name change and a share consolidation, on a 10-old-shares- for-1-new-share basis, were approved at the company’s…
Sigma earnings
Net income of $4.8 million (59 cents per share) for the first nine months of 1987 has been reported by Sigma Mines (Quebec), compared with $4.97 million (42 cents per share) for the same period last …
Golden Star adds to portfolio in Guyana
Edmonton-based Golden Star Resources has increased its exposure to gold exploration in Guyana by signing mineral agreements for three permissions with the Guyanese government. According to Golden Star…
Queries Chetwynd active near Hope Brook mine
Please provide me with some information on Chetwynd Resources and Glen Roy Resources. Although they appear to be active, I haven’t read anything about the these two Toronto companies recently. P. K. S…
Atlas Yellowknife private placement
Shareholder approval has been received for a private placement of shares by Atlas Yellowknife Resources to Channel Resources. Channel will take down 15 million Atlas shares at 15 cents per share and …
Gulf Intl. results
A drill program by Gulf International Minerals on the company’s McLymont claim group has cut 13 ft grading 0.82 oz gold per ton. Another hole assayed 7.7 oz of gold across 6.6 ft. The claim is located…