Editorial No engineering school lineups
From a letter to The Northern Miner from Gilles Barbery, director, department of mining and metallurgy, Laval University, Quebec. There is a clear need to optimize the performance of mining depart men…
Articles by Northern Miner Staff
Revenues and earnings records for Granges
Record fourth quarter and year- end 1986 results have been reported by Granges Exploration. The company says operating profits for the quarter rose 75% to $949,474, up from $541,629 in the comparable …
Raleigh subsidiary starts production
An Australian subsidiary of Raleigh Energy has commenced mining operations at its Blockade property in the Mount Isa region of Queensland. Powder Metals Australia, the subsidiary, raised $6.5 million(…
Two gold-bearing zones uncovered at Radcliffe bet
Diamond drilling has encountered two gold- bearing zones at Radcliffe Resources’ Valley View massive sulphide prospect in California. The single drill hole was put down as a follow-up to five rotary d…
Onitap adding third drill rig
A third drill rig is being added on the Boston-Richardson property held by Onitap Resources. Located near Isaac’s Harbour, N.S., the property includes a former producing mine which yielded 50,000 oz o…
Investment Comment Three anaylsts look at Inco
The latest financials coming out of Inco Ltd. have clearly been hurt by the tumbling price of nickel. Though the company did manage to break even for the latest fiscal year ended Dec 31, it did so by …
Locator options Theresa property
Locator Resources has acquired an option to earn a 50% interest in the Theresa gold property near Geraldton, Ont. The 18-claim property was partially developed from 1948-1953 by three shafts to a dept…
SMDC and partners to drill Jojay bet
A $450,000 exploration program will be carried out on the Jojay joint venture project located north of La Ronge, Sask. Partners, the Saskatchewan Mining Development Corp. (51%), Claude Resources (34%)…
Gunnar options claims from Honcho, Baden
Gunnar Gold has optioned 30 claims controlled by Honcho Gold Mines and Baden Explorations. The claims are located in Orvilliers and Montgolfier twps., in the Casa Berardi area of northwestern Quebec. …
Beaver Dam mine will be very profitable, study says
If knowing exactly what the challenges will be to make a mining venture a profitable one is half the battle, then managers and shareholders of Seabright Resources Inc. are half way to bringing Nova Sc…
Reserves calculated at Augmitto play
A preliminary reserve calculation for the Parbec property concludes that the ground has possible drill- indicated reserves of 600,000 tons grading 0.19 oz gold per ton. The zone’s average width is 6.2…
Treminco finds visible gold at N.W.T. bet
Visible gold has been noted in drill core from Treminco Resources’ Gab property in the Northwest Territories. The company recently completed a 2,500-ft drill program in the A zone which followed a gen…