Nine-month earnings up for Mentor Exploration
Net income jumped to $1.3 million or 40 cents per share for Mentor Exploration and Development for the nine months ended Sept 30, a substantial increase from $404,226 or 12 cents per share in the yea…
Articles by Northern Miner Staff
Significant gold showings claimed by Fairfield Min.
Two excellent gold showings have been found on Fairfield Minerals’ Elk property, not far from Noranda’s Brenda Mines property at Peachland, B.C. According to Fairfield, they occur in a stockwork setti…
Total Erickson reserves are boosted at Mount Skookum
Drilling on the Brandy and Lake zones has boosted reserves at Total Erickson Resources’ Mount Skukum gold property south of Whitehorse, Yukon. The drilling blocked out an additional 104,610 tons of pr…
MacLellan mine’s royalty should boost Agassiz’s profit
Agassiz Resources reports net earnings of $91,152 for the 3-month period ended Sept 30 on revenue of $3,555,529 compared with net earnings of $238,210 on revenue of $4,346,176 for the same period a ye…
Goldenbell going aheaed with Calif. gold mine
While financing is still waiting in the wings, Goldenbell Resources of Vancouver says it has made the decision to go into production with its Pine Tree gold project in Mariposa Cty., Calif. The compan…
Deep drilling by Noranda boosts potential of Ribago
Good drill results depth have increased the likelihood of going underground on the Ribago-Silidor project near Rouyn, Que., a joint venture of Noranda, Cambior and Cogesco Mining Resources. Cogesco is…
OMEP budget increases by $4 million
The Ontario government is throwing an additional $4 million into the Ontario Mineral Exploration Program (OMEP) for fiscal 1986-87, increasing the budget to $12 million from $8 million. Edward Solonyk…
Report from Calgary Savanna focus on Turner-Albright
Operating from the premise that mineral markets are cyclical in natu re, Savanna Resources has assembled an inventory of interests in 10 mineral properties in varying stages of development. The compan…
Axiom: mines are made in force at Dumagami
The successful development of the Dumagami Mines’ gold property once again goes to show the power of the old axiom that mines are made rather than the product of a happen-chance discovery, notes Presi…
McNellen seeks stock split okay
McNellen Resources, which has underground and surface work well unde r way at its jointly-owned Magino gold project near Hemlo, Ont., says shareholders will be asked to approve a 2-for-1 stock split a…
Page-Williams Canada’s top gold producer
The Page-Williams gold mine at Hemlo, Ont., surpassed the Campbell m ine in gold production for the 3-month period ended Sept 30. The Hemlo mine, developed and operated by Lac Minerals but currently t…
New Privateer acquires pilot plant for Zeballos
A gravity concentrator has been purchased by New Privateer Mine for its small mining operation near Zeballos on Vancouver Island. The pilot plant is rated at 100 tons per day but Harvey H. Cohen, pres…