Abitibi seeking $7 million
An underground exploration program budgeted at $7.1 million, has been proposed for Abitibi Resources, Bevcon-Buffadison property near Val d’Or, Que. Abitibi and affiliate company Mid-Canada Gold & Cop…
Articles by Northern Miner Staff
Metal Markets Share investment advised
Invest in shares rather than physical gold, platinum or silver, J. B. Were & Son advises in a recent update. “Shares usually provide an income in addition to capital gains in excess of inflation,” the…
new in brief
Renox Creek Resources has changed its name to Equinox Entertainment Corp. on a share-for-share basis.
17 Canadian gold properties ready to go into production
Seventeen Canadian gold mining projects have been given the green light to go into production which, combined, will add almost a million ounces of gold to the country’s annual output. All but five of …
$4.5 million programs in Massive group plan
Massive Resources and associated Master Resources, and Sands Minerals have adjacent claims in the Favourable Lake, Pickle Lake and Pangis-Batchawana areas of Ontario. Recently, Massive acquired an opt…
Eider bulk sampling
A bulk sampling program is under way on Eider Mining Resources’ Lac Rose gold property. Located in Quevillon Twp., Que., the Lac Rose property is being examined by an underground exploration program. …
Cons. TVX acquires more S.A. interests
Toronto-listed Consolidated TVX Mining Corp. has signed letters of interest whereby TVX will issue shares from treasury to purchase interests in three Brazilian gold mining companies as well as an opt…
Giant Bay will start process test in N.W.T.
The first large- scale test of Giant Bay Resources’ biotankleach process should commence this April in the Northwest Territories. The company recently concluded a joint venture agreement with Giant Ye…
Exploration programs under way for Preussag
Exploration programs of Preussag Canada are continuing in northwestern Ontario and Mattagami, Que. The Ontario program is a grassroots play to follow up input airborne surveys which have indicated an …
Equity agreement
Equity Silver Mines of Vancouver reports it has entered into an agreement with Nim and Co., Ltd. Partnership — 1987 under which Equity will obtain up to $5 million in exchange for issuing up to 422,7…
Westmin High grade on Debbie bet excites Westmin Res.
The Sicker Group on Vancouver Island has been the subject of some fairly intense exploration in recent years, much of it by Westmin Resources and Nexus Resource Corp. Westmin’s Buttle Lake mining oper…
Goldstake gets cash
A private placement has been completed by Goldstake Explorations which has raised $750,000. The issue of one million common shares with warrants was made to a European group. The proceeds, Goldstake s…