Bankers buy bets
Bankers Petroleum has acquired 73 claims in Turnbull and Godfrey twps, near Timmins, Ont. One 43-claim block includes limited mine workings established between 1909-1911. A surface exploration program…
Articles by Northern Miner Staff
American Platinum starts exploration work for ’87
A trenching and surface diamond drilling program has been started by American Platinum Inc. on ground near Lac des Iles, Ont. Funded by a flow-through share offering with First Exploration Fund which …
Fancamp drilling
A diamond drill program has been started by Fancamp Resources on the company’s Gamache Twp., Que., property. The property adjoins the Joe Mann gold mine brought into production this year by Meston Lak…
Good grades cut by Onitap in Maritimes
Drilling by Onitap Resources on the East Goldbrook property in Nova Scotia has encountered several zones of gold mineralization. A hole spotted 50 ft west of the old East Goldbrook shaft intersected f…
Short-term trend has gold in `holding’ price pattern
It’s difficult to be bullish these days about the price of gold, which seems to have settled into the $440-$450(US) per oz range. In fact, the precious metal, which in May seemed on its way to the $50…
Tungsten symposium
The fourth International Tungsten Symposium, sponsored by Canada Tungsten Mining, is scheduled to take place Sept 7-10 in Vancouver. Organizers of the conference are the Primary Tungsten Association a…
Vedron has fine orebody shaping in heart of Timmins
Some highly encouraging results are starting to come in from the underground exploration-development work now in full swing at the Vedron-Belmoral Mines joint venture project in the heart of the Timmi…
Flow-through isn’t through yet What the industry says . . .
Gerald Merrithew, Federal Minister of State for Mines “Many people expected the bottom to fall out, but that certainly did not happen. In fact the mining industry received some very special treatmen…
Audrey’s open pit mine in production next week
The Mobrun polymetallic mine in northwestern Quebec will start production July 1, the president of Audrey Resources, Guy Hebert, reports. Located 32 km north of Rouyn- Noranda, the mine will produce g…
Mineralization addition for Pacific Minesearch
A 14,000-ft drill program at the Howie gold project of Pacific Minesearch in North Carolina has outlined additional mineralization to depth. According to Victor F. Erickson, president, drilling in the…
Halex acquiring interest in Heenan gold property
A letter of intent has been signed between Falconbridge Ltd. and Halex Resources which gives Halex the option to acquire a 40% interest in the Heenan property located 135 miles southwest of Timmins in…
Financial shot-in-the-arm for Windy Craggy project
The big Windy Craggy copper- gold-cobalt-zinc project of Geddes Resources is getting another financial shot in the arm. The company says it has raised an additional $4 million in flow- through share f…