Omni receives Skukum results
Preliminary results have been received from the underground program at Omni Resources’ Skukum Creek property 30 miles south of Whitehorse. By July 23 the adit was in a total of 2,850 ft and two zones …
Articles by Northern Miner Staff
General News & Comment Surveys released to B.C. prospectors
Geochemical survey data on the mineral potential of a 29,000-km area in the Smithers region of northwestern British Columbia, has been released to prospectors by the province’s ministry of energy, min…
Significant gold discovery by Norands Expl. in B.C.
There are unconfirmed reports that Noranda Exploration has made a significant gold discovery northwest of Prince George, B.C., near Fort St. James. The Northern Miner has received information that at …
Noranda results from B. C. bet
Noranda Exploration has announced assay results from three holes at Banbury Gold Mines’ Hedley property in south-central British Columbia. A 133-ft intersection in hole 87-13 graded 0.11 oz gold and t…
Granges options Almaden’s claim
Granges Exploration has optioned Almaden Resources’ Wampum claim block in southeastern Manitoba. The block comprises about 260 sq mi and covers the southwesterly extension of the Wabigoon greenstone b…
About-face into the black is achieved by Pine Point
Pine Point Mines, which lost $9.8 million in the first half last year, has completely reversed its fortunes in the similar period this year, with reported net earnings of $10.8 million. The profit thi…
Mineral Res. completes issue
Mineral Resources International has completed the issue of $24,450,000 of 6.75% convertible subordinated debentures by way of private placement through Sprott Securities. The debentures have a 10-year…
Goldstake plans tailings project
A tailings project to recover gold by heap leaching is being pursued by Goldstake Explorations in South Dakota. Goldstake’s U.S. subsidiary has entered into a proposed joint venture with Strawberry Hi…
Beaver Creek acquires option in old producer
A privately-held Montreal firm, Beaver Creek Goldfields, has acquired from its major shareholder, the American company Beaver Creek Explorations U.S.A., the rights to an agreement with Mesa Silver Cor…
Underground program near at Regional’s Midway bet dd
A $10-million underground program could begin later this year at Regional Resources’ Midway property on the B.C./ Yukon border. President Graham Farquharson emphasized at the annual meeting that under…
Canadian gold production jumps almost 20% in ’86
Production of metals, non- metallics and structural materials in Canada was worth $15.6 million in 1986, up slightly from the 1985 record value, the Mining Association of Canada reports. Last year was…
Echo Bay Kettle River bet heading for production
With four gold deposits already discovered, it’s not surprising that Echo Bay Mines has put its Kettle River project in Washington State on a fast track to production. Vancouver- listed Gold Texas Res…