Interlake stops
Interlake Development says no further drilling is planned on its Hemlo, Ont., property following drilling of hole IL-2Y to a depth of 6,163 ft. Hole IL-2Y intersected the Moose Lake formation from 4,6…
Articles by Northern Miner Staff
Alberta Stock Exchange Twin Gold leads pack
Tightly held Twin Gold Mines was one of the best performers this week, adding 70 cents to trade at a high of $2.25. The company controls the Lingman Lake gold deposit north of Red Lake, Ont. Hosting …
Editorial Uranium could be next on U.S. hit list
Well that was some victory we won(?) in those last-minute negotiat ions to settle that Ottawa-Washington bitter trade dispute over the imposition of U.S.-ordered taxes against our multi-billion- dolla…
Gold production at Galactic Res. up to 55,000 oz.
Galactic Resources reports December gold production of approximately 6,700 oz from the Summitville, Colo., mine, bringing total gold equivalent production to approximately 55,000 oz, since the initiat…
Granges/Abermin close to decision on Tartan Lake
A 500-ton modular mill will likely be operating at an initial rate of 250 tons per day by late March at Tartan Lake, eight miles northeast of Flin Flon, Man., according to project operator Granges Exp…
Vancouver Stock Exchange Bullish psychology not shrinking
The market psychology on Vancouver has turned exceptionally bullish, reflecting in part the sentiment on the Toronto and New York stock exchanges, which were quick off the starting block in 1987. Gold…
Glen Auden has exposure to $5m. in gold exploration
With more than 1,700 claims staked in the Casa Berardi area, a large tract of ground striking across the Ontario-Quebec border, Glen Auden Resources expects to be exposed to more than $5 million of ex…
Letters to the Editor Canadian mining expertise
I refer to your recent editorial Russians learn from us, concerning publication in that country of a Canadian book on mine management. As the U.S.S.R. marketing manager for a Canadian-based manufactur…
Metals Report Giscard d’Estaing may help gold
Remember Valery Giscard d’Estaing? You’re not alone if the name only vaguely conjures up images of an aloof, patrician French politician from an age long past, an age when Bjorn Borg ruled the tennis …
B.C. public concerned about moratorium
British Columbia’s minister of energy, mines and petroleum resources, Jack Davis, has responded to public concerns regarding the government’s decision to permit British Columbia’s uranium moratorium t…
First General Mine diamond drilling in Stover Twp., Ont
A $150,000 diamond drilling program to test geophysical anomalies for their precious metal potential is under way by First General Mining Management and Gold Corp. in Stover Twp., Ont. The exploration…
BGR’s asset value up 33% in 1 year
BGR Precious Metals says its net asset value on Oct 31, 1986, was $11.81, a 33% increase from a year earlier and a 19% increase from three months earlier. On Oct 31 there were 6,156,968 Class A shares…