Increased exploration in northern Saskatchewan
Mineral exploration expenditures in northern Saskatchewan will reach $55 million in 1987, with $18 million to uranium, $2.3 million to base metals and $34.5 million to precious metals. Exploration exp…
Articles by Northern Miner Staff
N.W.T. hotspots include Courageous, Contwoyto
Most exploration by junior mining companies in the Northwest Territories is for gold in Archean supracrustal rocks of the Slave Structural Province. There are four main areas where activity is current…
Torene defines zone at Harrigan Cove, N.S.
Drilling on a former producing property at Harrigan Cove, N.S., by Torene Gold Exploration has indicated 100,000 tons in three zones grading 0.36 oz gold per ton. Average depth so far is 300 ft. Signi…
Beaver expands Kramer zone
Beaver Resources says a recent trenching program has extended the ore zone at its producing Kramer Hills heap leach property in California. The zone has been expanded to the south and east with a subs…
The VSE: Canada’s ‘mining venture exchange’
The Vancouver Stock Exchange in recent years has built an image of diversity, increasing the percentage of its junior industrial and high technology listings to almost 35%, even while it was significa…
COATS Trading Features (June 15, 1987)
High fliers for the week on the coats system continued to be Boston Bay Mines and Belleterre Quebec Mines. The issues continued at $pd $1.40 respectively. Boston Bay vended its Lac des Iles platinum g…
Cdn. Gold results
Canadian Gold Resources and Monte Carlo Gold Mines report some encouraging values from a drill program on the Dik Dik mine property just north of Jellicoe, Ont. The two companies say assays received r…
Development, mining costs give loss to Anglo Dominion
Anglo Dominion Gold Exploration reports a net loss in the first quarter of $1,400,000, compared with earnings in the similar period last year of $17,400. The company says the loss in the latest period…
Promising results from Joutel property
A 20,000-ft drilling program has started on Kerr Addison’s Joutel Twp. property in Val d’Or, Que. Following a promising gold discovery on the 1,066-acre property, project manager Onyx Resources can ea…
Lenora building reserve base, to double gold output
Lenora Explorations is preparing to increase gold production from approximately 5,000 oz this year to more than 10,000 oz by 1988. In order to achieve this objective and to position itself for further…
Kowkash plans drill program
A high sensitivity magnetometer survey has been completed by Kowkash Gold on its 38-claim O’Sullivan Lake gold property north of Geraldton, Ont. The survey confirmed the existence of significant struc…
Copper mine won’t reopen, Noranda says
About 400 workers are affected by the decision of Gaspe Copper Mines to suspend mining operations completely at its Murdochville, Que., mine, the site of two fires in April. Low copper prices are cite…