Hemlo gold helps Corona boost income
A net income of $593,000 (4 cents per share) has been reported by International Corona Resources for the three months ending Dec 31, compared with a net income of $387,000 (3 cents per share) for the…
Articles by Northern Miner Staff
Total Erickson moves into black
Total Erickson Resources reports net income for 1986 of $2.5 million, which compares to a loss of $9.9 million in 1985. The latter represents only six months of mining operations due to the business c…
Exploration program finished on three Forbex properties
An exploration program was recently completed by Forbex Mining Resources on three properties in the Rouyn-Noranda area of Quebec. Six short holes were drilled on the Stadacona-East property, located w…
Seafloor workshop hosted by the TGDG
A full-day workshop entitled Seafloor Hydrothermal Sulphides and Deep-Sea Drilling is being staged by the Toronto Geological Discussion Group. Scheduled for April 14, the session will take place in th…
St Joe says it’s a go on the Golden Patricia
Just 14 months after pulling the first discovery hole on the Golden Patricia property near Pickle Lake, Ont., St. Joe Canada has said yes to production go-ahead. Though costs are now being fine tuned,…
Viceroy Resources extends a zone of high grade
Recent drilling has extended a zone of high grade mineralization at Viceroy Resource Corp.’s Castle Mountain property in California. The Lesley Ann deposit has been outlined over a width of 600 ft and…
Boliden selling its interest in Great Lakes
Control of Great Lakes Nickel will pass to a private company, if a deal with Boliden AB is completed. Boliden, a Swedish mining company, has entered into an agreement to sell its 29% stake in Great La…
Queries What ever happened to Nickel Rim?
What-ever happened to Nickel Rim Mines’ plans to change its name to Colosseum Gold Mines? P.O., Toronto, Ont. Phew] Where does one begin? As recalled last July the shareholders of Toronto-listed Nic…
Newfields and Teck reach agreement for Kirkland Lake
The terms of an agreement have been settled between Newfields Minerals and Teck Corp. regarding the companies’ respective properties in the Kirkland Lake gold camp of Ontario. Newfields may earn a 50%…
Gold jumps to 2nd place in Ontario
Gold jumped into second place behind nickel as Ontario’s most important mineral in terms of value in 1986, the province’s ministry of northern development and mines reports. The value of production of…
Production decision nearing for Chesbar
Exploration work by Chesbar Resources is progressing well on the Chester Twp. property in northern Ontario, so well in fact that a decision may be made this summer on going into gold production. Chesb…
Alberta Stock Exchange Southgate a mover
Formerly known as Southgate Resources, Consolidated CBA Corp. was the big mover on the Alberta board in the review period, trading 861,800 shares to gain 4 cents to 24 cents a share. The company hol…