Information source on VSE companies
What must certainly represent the most comprehensive source of information on Vancouver Stock Exchange companies is now available from Mining Software Services (M.S.S.), of Delta, B.C. Titled the VSE-…
Articles by Northern Miner Staff
New Canadian company from Yuba Natural Res.
San Diego-based Yuba Natural Resources says its board has approved the formation of a new Canadian company called Yuba American Gold. Yuba is involved in gold dredging operations in alluvial gravels s…
Muscocho gets good results
A length of 511 ft of drifting on the main zone at the Magnacon joint-venture project has averaged 0.425 oz gold per ton over 6.8 ft, the president of Muscocho Explorations, J. T. Flanagan, reports. M…
Muscocho/Tashota start field work
Field work is now well underway on the 1,647-claim joint venture program in the Baie Verte area, Newfoundland, in which Muscocho Explorations (25%) and Tashota- Nipigon Mines (25%) are participating w…
Orcana negotiating on gold property
Toronto-based Orcana Resources is negotiating an agreement on a gold property in northern Ontario known to have intercepts of commercial gold values over modest widths, shareholders of the company wer…
Go-ahead on Ansil upcoming by Minnova
A production decision is expected to be made in the third quarter of this year on the high grade Ansil copper deposit in the Lac Dufault camp near Rouyn- Noranda, Que., with production slated to start…
New exploration program started by Chesbar Res.
A new $2.77 million exploration program has started at Chesbar Resources’s gold project in Chester Twp., near Gogama, in northern Ontario. The program calls for extension of the ramp by 1,300 ft to pe…
Nordac planning a share consolidation
Shareholder approval will be sought by Nordac Mining for the company’s plan to consolidate its common shares on a one new share for each 2.5 shares held basis. Nordac, which will have its name changed…
Shannon drilling near Matagami
A second-phase 16,500-ft drilling program has been started by Shannon Energy on the company’s property near Matagami, Que. The program is testing a geophysical anomaly thought to represent a conductin…
Mimiska uncovers 3 gold veins
Three veins uncovered by Mimiska Exploration on its Fern Elizabeth property in Atikokan, Ont., have given the Quebec-based company something to smile about. One of the veins, named the Elizabeth, is a…
Core Energy drops La Ronge option
Vancouver-listed Core Energy Corp. intends to drop its option on the 15,460-acre Conjuring River property, in the La Ronge area of northern Saskatchewan. The decision follows a 3-hole drilling program…
Production called for at Cheni’s Lawyers bet
The preliminary prospectus of Cheni Gold Mines outlines in considerable detail its plans for the Lawyers property north of Smithers, B.C. (N.M., April 13/87). A report by Wright Engineers recommends t…