Queenston to confirm chairman’s confidence
While Queenston Gold Mines Chairman Hugh Harbinson stops just short of saying that his company is about to become another Canamax Resources, he confesses to being extremely optimistic about the compan…
Articles by Northern Miner Staff
Ex-Terra earning property option
A joint venture to explore the Crawford gold property located midway between Red Lake and Pickle Lake in northwestern Ontario has been entered into by Gabbs Resources and Ex-Terra Resources. Ex-Terra …
Moneta Porcupine raises over $2m.
Moneta Porcupine Mines reports it has completed financings yielding more than $2.3 million, to be used in exploration and property acquisition. The company says private placements in May of $270,000 f…
Alberta Stock Exchange Gold volumes down
While market indexes in Montreal and Toronto reached levels which have alarmed experienced market watchers, there was little to fear from a comparatively modest session on the Alberta exchange. After …
News in Brief (August 17, 1987)
Glory Explorations has changed its name to National Fuelcorp (NLF:VSE) on a basis of one new share for 3 1/2 old shares.
Investment Comment Silver project, a boon to Rea Gold
As suggested in a recent review by Dean Witter Reynolds Canada Inc. there are many good reasons for investing in Rea Gold Corp., but first among them is the company’s 30% interest in a high grade silv…
METALS MARKETS Base-metals outlook much improved Dickenson strike
While base metals have made significant gains from their year- end levels, the individual metals have responded to specific factors rather than being part of a bull rally across all base metals, Shear…
Yorbeau claims full ownership
Yorbeau Resources of Montreal has decided to take full ownership of the Ellison gold claims located in Bousquet Twp., in northwestern Quebec, between the Bousquet and Doyon mines, the company reports….
Richardson Lake drilling encourages Golden Terrace
Additional drill results have been released by Golden Terrace Resources from the company’s gold project at Richardson Lake. Located 70 miles east of Red Lake, Ont., the property consists of 144 claims…
Deep shaft on Lindsley Falco near-term option
Shaft sinking and underground exploration could begin within a year on Falconbridge Ltd.’s Lindsley property, chief project geologist David Comba tells The Northern Miner. Timing of the program “depen…
David Bell mine spurs earnings for Teck Corp.
Teck Corp reports net earnings of $9.5 million or 21 cents a share in the quarter ended June 30, up from $5.9 million or 11 cents a share in the comparable period a year earlier. Revenues were $52 mi…
Skyline announces updated reserves
Updated reserves have been announced by Skyline Explorations for its Reg property in northwestern B.C. Measured reserves are now 121,330 tons grading 1.25 oz gold and 2.1 oz silver. In addition, 161,9…