Zahavy, Getty start $7.8 million program
A $7.8 million 2-phase exploration program has started on Zahavy Mines’ and Getty Resources’ Favourable Lake gold property north of Red Lake, Ont. The work will include surface exploration of nine vei…
Articles by Northern Miner Staff
Vancouver Stock Exchange Nor-Con leads the pack in volume
Nor-Con Exploration was the volume leader over the report period with a turnover of 1,502,200 shares for a 4 cents gain to 11 cents . The company has a wollastonite property in California, and intere…
Alberta Stock Exchange Edaton makes gain
An industrial mineral producer, Ekaton Energy, outshone the gold issues by surging 50 cents to $1.65. The company, which operates a kaolin property near Wood Mountain, Sask., is also testing the prop…
Queries Nordore Mining is long gone
I would appreciate any information on Nordore Mining. Is the company associated with Nor-Quest Resources? M. R. Saskatoon, Sask. We spoke with Nor-Quest Resources secretary treasurer, Don Burchill, wh…
Nortek invetsing in mining properties
Nortek Minerals, a subsidiary of Nortek Energy, has acquired interests in several mineral projects. These include a property near Kirkland Lake, Ont., and a placer gold play in Ecuador, South America….
Editorial Mining Tax Act a big step ahead
The following guest editorial was written by Patrick Reid, executi ve director of the Ontario Mining Association, and concerns a bill to amend Ontario’s Mining Tax Act. Just days ago, the Ontario legi…
Four Seasons
Four Seasons Resources has negotiated a $100,000 flow-through share financing which will be used to fund exploration at its Nova Scotia gold property. The company has ground adjacent to and on strike …
CanAmerica seeking B.C. gold interest
CanAmerica Precious Metals says it has an option-joint venture agreement with Golden Rule Resources under which CanAmerica can acquire a 50% interest in Golden Rule’s Eldorado Mountain property in sou…
Record gold production a Northgate tradition
In what seems to have become a tradition, Northgate Exploration has ended the year by setting yet another record for gold production. Output from the company’s two Chibougamau, Que., gold-copper mines…
Breakwater to sell 1.2 milion shares
Breakwater Resources has agreed to sell 1.2 million of its shares to Loewen Ondaatje McCutcheon and Company of Vancouver to raise $7.92 million. These funds will be used to pay Cannon mine capital cos…
Tonnage figures expected on Gordex heap leach mine
With assay results in for 35 holes and an additional 45 holes still to be drilled and/or assayed on its Cape Spencer gold mine northeast of Saint John, N.B., Gordex Minerals, Canada’s first heap leach…
Exploration progresses on Terramar’s Reid mine
The first phase of exploration at the Reid Mine project near Redding, Calif., has been completed by Terramar Resource Corp. The underground workings at this former producing gold mine have been dewate…