Cuvier drilling two properties
Diamond drillng contracts have been awarded by Cuvier Mines for projects in Newfoundland and Labrador. On the Baie Verte peninsula in Newfoundland, Cuvier plans to drill 5,000 ft on the company’s Ming…
Articles by Northern Miner Staff
Nuinsco remains bullish on Beauchastel project
Nuinsco Resources and Seadrift International remain bullish on the prospects for their Aldermac project at Beauchastel Twp. near Rouyn/Noranda, Que. The joint venture partners are encouraged by result…
Metal Prices FREE MARKET London Metal Exchange Spot closing prices
Date Sept. 8 Sept. 7 Sept. 4 Sept. 3 Sept. 2 Copper 1069-1070 N/A 1044-1046 1031-1032 1043-1044 Lead 412- 414 N/A 412- 414 408- 409 404- 405 Zinc 448- 450 N/A 457- 458 453- …
Bitech funded for exploration work
A $125,000 working capital loan has been arranged by Bitech Energy Resources. The loan was provided by D.C.C. Equities. Exploration funding for the year will come from two placements of flow-through s…
Underground plan for Placer, Dome at Musselwhite
Down the road, Placer Dome could be looking at still another gold mine in the Pickle Lake area of Ontario. The company expects to start an underground program this winter on the Musselwhite project at…
COATS Trading Features (September 07, 1987)
Wye Resources was stronger and active this week, trading up to 75 cents -80 cents . The company has completed a public offering which raised $525,000. The funds will go towards earning a 60% interest …
Alberta Stock Exchange Gold volumes drop
Rumours of a presidential heart attack in conjunction with concerns about the future health of the U.S. dollar sent volumes careering headlong into what market watchers will hope is a temporary slump….
Westmin completes study at Big Missouri, Silbak
Westmin Resources of Vancouver has indicated that production on a major new gold/silver operation near Stewart in northwestern B.C. could begin as early as December 1988. Following an extensive diamon…
Big firms join Peat Resources
Some heavyweights are moving into the Peat Resources picture, The Northern Miner gathers from conversation with the company’s president, Leon La Prairie. Inco Ltd., Esso Resources Canada and Lacana Mi…
Echo Bay adds to reserves at Nevada gold property
Assay results from the most recent round of exploration drill holes at the northern edge of the Cove deposit on the McCoy property in Nevada have added significantly to geological reserves, Echo Bay M…
Canadian postal dispute (September 07, 1987)
There is a possibility of a dispute in the Canadian postal service within the next few weeks, which would disrupt mail service. Should this happen, subscribers in Toronto, Montreal and Vancouver may o…
Books (September 07, 1987)
Practical Problems in Exploration Geochemistry by A. A. Levinson, University of Calgary; P. M. D. Bradshaw and I. Thomson, Placer Development Ltd. Hardcover, 269 pages, ISBN 0-915834-05 $7. 80(US) App…