Articles by Northern Miner Staff

Odessa looks for early cash flow

Developing early cash flow from its Birchville property in California is the prime objective of Odessa Explorations which says about $200,000 will be spent on the project in 1987. The property hosts s…


Imperial Metals to sell interest in uranium venture

Imperial Metals Corp. says for $1,750,000 it will sell a 10% partici pating interest in the company’s Saskatchewan Wheeler River uranium joint venture. Imperial says the transaction would result in a …


Our Man of the Year

Walking through the Toronto offices of Selco, the minerals division o f BP Canada Inc., one gets a nagging suspicion that many eyes are following you. On closer examination, one’s suspicions are prove…


Placer benefits as Australia drops tax plan

The Australian government has decided not to proceed with proposals to tax the profits of the country’s gold mines or levy a compensatory tax on dividends distributed by Australian companies. The gove…


Gunsteel aims for 100 tpd at its B.C. gold project

Despite its name the Nugget Vein at Gunsteel Resources’ gold property seven miles southeast of here contains little or no visible gold. So it’s safe to assume the vein was named by someone who thought…



Moneta completes flow-through offer

A first closing on a flow-through share offering by Moneta Porcupine Mines will raise $1 million for the company. The funds will finance exploration on several properties held by the company. In Micha…


News In Brief (December 29, 1986)

Wharf Resources plans a financing in January by offering units to th e public, each unit to consist of exchangeable preferred shares and common share purchase warrants.


Vancouver Stock Exchange Settlement date unsettling

There might be a little “Christmas Cheer” on the floor of the Vancou ver Stock Exchange but it’s not because the market is all that positive. Despite the pressure of Christmas shopping, investors stil…


Bullmoose gold helps Terra Mines move into black

Terra Mines reports a “substantial improvement in financial results,” due in part to the elimination of operating expenses at the company’s silver properties and income from its Bullmoose gold project…


Maufort drilling (December 29, 1986)

The first phase of drilling by Resources Maufort on the Siscoe Extension property near Val d’Or, Que., has confirmed the presence of two distinct gold-bearing hirizons and a major fault zone, the comp…



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