Omni active exploring major Yukon gold find
The most significant gold discovery in the Yukon’s Wheaton River Valley in many years has been made by Vancouver-based Omni Resources. The importance of the find has been known for at least a year bec…
Articles by Northern Miner Staff
Trader results cut reserves at Tel project
Discouraging drill results at Trader Resources Tel deposit on Banks Island, B.C. has forced the company to reduce its reserve estimate by about half. Based on the results of a 71-hole diamond drill pr…
Better driving on refractory gold deposit in B. C.
At present gold prices it’s not surprising that companies are taking a second look at refractory mineral deposits. Twelve miles west of this Vancouver Island coastal community, one such company, Bette…
Exploration budget doubled at Cheni Gold’s B.C. bet
Site preparation at Cheni Gold Mines’ Lawyers property is on schedule and within budget, says Paul Girard, president. Road access into the Sturdee airstrip was scheduled for completion by the first we…
Glamis receives tailings permit
A permit to treat about 2.5 million tons of dump and stamp mill tailings, left over from the former operations at the Yellow Aster mine in California, has been received by Vancouver-based Glamis Gold….
Laurasia Resources
Laurasia Resources is making a rights offering to shareholders, under which each shareholder will receive one right for every share held. Each right will entitle the shareholder to subscribe for one u…
D. K. Platinum Corp.
D. K. Platinum Corp. is establishing a wholly-owned subsidiary based in the Channel Islands to facilitate and supervise the company’s international business operations, reports President Brian Gorval….
EDITORIAL Protectionism self-defeating
Wiser heads are appearing in the U.S., though they are seemingly not prevailing, concerning the issue of protectionism, a mood in that country that is seriously threatening the possibility of a free t…
Impressive intersections at Golden Nevada project
Encouraging results have been reported by Golden Nevada Resources from its Grew Creek property 12 miles west of Ross River, Yukon. The property falls under an option agreement with Noranda Exploration…
Toronto Stock Exchange Improved gold price marks uneventful week
A nervous wind is blowing across the floors of the major exchanges these days. Despite dire warnings by bearish sentiments that the five- year old bull is on its last knees, the market continues to sh…
Depleted gold reserves by Blackdome
Exploration work at the Blackdome Mining gold project north of Vancouver has replaced reserves depleted by mining. The latest reserve figure incorporates about one-half of a 27,000-ft drill program sc…
Sale of shares boosts earnings for CoCa Mines
The sale of shares in a major silver producer boosted first-half earnings of CoCa Mines to $1.76 million(US). This figure compares to an $858,000 loss a year earlier. CoCa has an 8% interest in Equity…