Barrick drilling
Drilling by American Barrick Resources on the Worvest option immediately west of Barrick’s Holt-McDermott gold mine has increased drill-indi cated reserves to more than one million tons grading 0….
Articles by Northern Miner Staff
COATS Trading Features (November 09, 1987)
At a time when most companies were finding their proposed financings being pulled, one new issue managed to get off the ground. Glencairn Explorations completed a 1.1 million share offering at 32 cent…
Montreal Exchange Trading volume slows
Turbulent trading continues to be the trademark of the current market, where the weakened state of the U.S. dollar seems to be the focus of everyone’s attention, as well as that country’s huge deficit…
EDITORIAL Can we learn from Black Monday?
What really happened on Oct 19? What caused the sharpest stock market decline in history and could it happen again? How much insider trading occurred? Who gained, who lost? Should we even care conside…
Silvera, Placer Dome enter joint venture
A joint-venture agreement involving the Wapiyao Lake and Bing Lake properties in the La Ronge gold belt of northern Saskatchewan has been entered into by Silvera Resources and Placer Dome. The agreeme…
Underground operations planned at MacMillan-Granges prospect
A $4.5-million preliminary budget, including $2.5 million for an underground decline to the 820-ft level, for the balance of 1987 and up to June 30, 1988, has been established for the MacMillan Energy…
Drilling resumes at J.A.G. prospect
Drilling has resumed at the Malartic gold property of J.A.G. Mines in northwestern Quebec, the company reports. The company says its 1986 drilling campaign delineated a mineralized structure along 3,9…
Supreme Court rejects motion filed by Metalore
An application filed by Metalore Resources to have certificates relating to a claim filed by Ontex Resources against Metalore removed, has been rejected by the Senior Master of the Supreme Court of On…
Letters to the Editor Union leaders hit on freer trade
Big union leaders should be ashamed of how they’re opposing freer trade. Bob White of the autoworkers, Shirley Carr of the clc and Jeff Rose of cupe are all indulging in irresponsible scaremongering o…
Western Canadian busy at Sulphurets
An exploration program has been completed on the Kerr property owned by Western Canadian Mining Corp. The program of drilling, trenching and geochemical surveys outlined three target areas which will …
World Bank deal with Exall]]
The International Finance Corporation, a division of the World Bank, will participate with Exall Resources in the latter company’s gold project in Ghana, West Africa. In return for arranging financing…
Faraway reports assay results
Assay results from the first hole drilled in a 20,000-ft program on the Sam silver property of Faraway Gold Mines near Houston, B.C., indicate one 45-ft section with ore values comparable to the gross…