Dawson, Pacific reach agreement on silver bet
A $2.1-million joint-venture agreement has been signed between Dawson Eldorado Mines and Pacific Trans-Ocean Resources whereby Pacific may earn up to a 50% interest in the Plata-Inca silver project in…
Articles by Northern Miner Staff
Good grade is the key for new nickel mine
Canada’s newest nickel mine, in northern Manitoba, will be the first brand-new underground nickel mine in the country for close to a decade — and the third for Manitoba in the past 26 years. In an up…
Worvest drill hole results a boost for Lenora, Barrick
Encouraging drilling results from Lenora Explorations and American Barrick Resources’ Worvest option in Kirkland Lake, Ont., offers more proof of a new ore shoot in the area. Located within mining dis…
Faulted extension found by Acadia
Acadia Mineral Ventures has found the faulted extension of the Mooseland gold deposit in Halifax, Cty., N.S. Up to now the company believed the deposit, which has the potential for developing an estim…
Camindex prepares debenture issue
A private placement of $13,609,000 of 3% convertible debentures has been arranged by Camindex Mines. Of that total, the company reports, $6.1 million represents a rollover of existing debt and $7.5 mi…
Cornucopia to drill Arizona gold bet
A production decision is expected by the end of this year on a gold property it holds northwest of Phoenix, Ariz., according to Cornucopia Gold Mines. A reverse circulation drill program to expand res…
McAdam arranges exploration funds
An exploration agreement has been entered into by McAdam Resources with nim Resource 1987 and Co., Ltd. Partnership whereby nim will subscribe for $1 million of flow-through common shares of McAdam to…
Lead turns `hot’ performer
Base metals are currently “hot” market items and one of the hottest is lead, whose recent price rise seems to have caught almost everyone by surprise. Now above the 40 cents (US) per lb mark, and aver…
Big drill program outlining gold zone Vezza Twp. project
North American Rare Metals and Dundee-Palliser Resources continue to meet with encouragement in the big drilling program under way on their joint venture gold property in Vezza Twp., 25 miles south of…
Equity Silver photo caption
The main zone pit is visible beyond the Equity Silver Mine plant, including the leach plant (foreground), and concentrator beyond, and the A-frame for ** fine ore storage. **…
Grab-sample results
Encouraging results have been released by Maufort Resources from a grab sample at the Tiblemont gold project located about 30 miles west of Val d’Or, Que. The company reports the presence of a major s…
FUTURES PRICES (July 13, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) July 76.20 73.70 76.15 + 3.80 Sept. 75.25 72.70 75.15 + 3.70 …