Promising Moneta results
A 14,000-ft reconnaissance drill program has outlined two zones of gold mineralization, Moneta Porcupine Mines says. The work was completed on the company’s 100%- owned property in Michaud Twp., Ont. …
Articles by Northern Miner Staff
Copper seminars
Toronto’s Four Seasons Hotel on Avenue Rd. will be the site June 15-16 of the American Copper Council’s two educational seminars, Copper 101 and Copper 201. Featured speaker for the program will be Si…
Alberta Stock Exchange Cdn. Gold up on deal
Volume leader, Canadian Gold Resources continued to advance, adding another 20 cents to $2.10. Gold intersections reported from the company’s Dik-Dik property near Geraldton, Ont., were encouraging, …
“Operation Wawa” off and running for Galveston
A $1.5 million exploration program is scheduled to begin in the next few weeks on Galveston Resources’ Murphy Lake mine property in Ontario. Known as “Operation Wawa,” the joint venture includes Berle…
Marker active in Baie Verte
Alberta-listed Marker Resources has staked some 318 mineral claims covering 12,700 acres in the Fleur De Lys area of the Baie Verte Peninsula of Newfoundland. President Gordon Barron says this ground …
Profit on growth curve for Kerr Addison Mines
With two new high grade mines waiting in the wings, Kerr Addison Mines expects this year’s bottom line to look better than ever. This expectation is already unfolding as it should. Net earnings of $4….
Heap leach paying off for Grandview
The economy of California is larger than many industrialized nations including Canada’s. And in recent years, gold mining has once again become an integral part of the state economy which for a time …
Ore body extended by Golden Hope, Golden Group
Recent drill results from the Estrades property in northwestern Quebec have “extended the main orebody laterally while concurrently establishing better continuity within the sulphides and gold deposit…
Metal Prices PRODUCER PRICES (May 11, 1987)
ALUMINUM: MW U.S. Market 65.00 cents -66.50 cents per lb. (Apr 23, 1987). ANTIMONY: New York dealer $1.15-$1.20 per lb. (Apr 23, 1987). BISMUTH: New York dealer $2.70-$2.85 per lb. (Apr 23, 1987). CAD…
Aussies give Cdn junior a facelift
Shareholders of Vancouver-listed Consolidated Reactor Uranium Mines have approved the take-over of their inactive, indebted company by Mineral Commodities Limited Group (mclg), formerly Woodsreef Mine…
Vancouver Stock Exchange Index flirts with 2000 mark
For the first time ever, Vancouver’s market index breached the 2,000 mark although it’s dropped back slightly and is now hovering around 1990. Trading volume has slipped somewhat but it’s still heavy …
Pacific Trans closes $4.2 million financing
A total of $4.2 million has been raised by Pacific Trans-Ocean Resources, the company says. Approximately $1.4 million was raised via the issue of flow-through shares. Another $2.8 million came from a…