Aber encouraged at Russell Lake
Encouraging assay values have been received by Aber Resources from the company’s S.P. property near Russell Lake, N.W.T. Two holes in the main zone intersected multiple gold-bearing zones. Hole 36 cut…
Articles by Northern Miner Staff
Savanna drilling cuts sulphides, gold
In-fill drilling by Savanna Resources on the company’s Turner Albright massive sulpide deposit has cut wide sections of sulphide and gold mineralization. The property is located in Oregon. Hole 60 int…
Decline is completed at La Ronge Jolu bet
An underground decline has been completed at the Jolu property in the La Ronge area of Saskatchewan. Royex Gold Mining is operator for the joint venture which includes Canadian Premium Resource Corp. …
Energy to drill in Timmins area
A program of line-cutting, geophysical and first phase of a diamond drilling program is planned by Alberta-listed Energy International Overseas Corp. on its newly- acquired Bernier group of claims nea…
McFinley placement to raise $5 m
McFinley Red Lake Mines has entered into an agreement with Alexandra Mining, a private Bermuda-based company, for a private placement of McFinley shares. When completed, the deal will gross McFinley $…
Platinum seminar
The third international platinum seminar organized by Metal Bulletin and Futures & Options World will take place May 21 in London, England. Speakers confirmed for the seminar include Kevin Gribbons of…
United Keno has near-million loss in quarter
A loss of $961,000 or 30 cents a share is reported by United Keno Hill Mines for the 1987 first quarter. It compares with a loss of $697,000 or 24 cents a share in the similar period last year. The c…
Metal Prices FREE MARKET London Metal Exchange (May 04, 1987)
Spot closing prices in Pound Sterling per tonne Date April 28 April 27 April 24 April 23 April 22 Copper 894-896 880-881 870-871 877-878 897-898 Lead 386-387 373-…
Metal Prices FREE MARKET (May 04, 1987)
Spot Gold, Silver, Platinum and Palladium prices April 28 April 27 April 24 April 23 April 22 Gold London Bullion Dealers afternoon (morning) $US per oz. 453.00(455.75) 474.75(476.6…
Profit prospects bright for Blackdome Mining
Paying three dividends in the first year of production is quite an accomplishment for any gold mining company, including a medium-sized one like Blackdome Mining. But not all mines are as successful …
Robex identifies new structure
A 48-ft thick structure at a depth of 222 ft has been identified by Robex Resources of Montreal on its Soma property in Duverny Twp. in Abitibi in northwestern Quebec. The new weathering zone was iden…
METAL MARKETS Firm sticking to its forecast of 57 cents aluminum
Prices for aluminum may currently be running in the 64 cents (US) per pound range, but a London, England, firm is sticking with its average price forecast of 57 cents for 1987. “Following two years o…