Beaufield awaiting drill assay results
Assays are expected shortly from a 7,000-ft drill program under way on Beaufield Resources gold prospect in Douay Twp., Que. Located east of Joutel, the 111-claim property ties on to the boundary of t…
Articles by Northern Miner Staff
Macamic to explore Gateford chrome bet
A joint venture agreement has been completed between Gateford Resour ces and Macamic Resources which gives the latter company the right to earn a 50% interest in Gateford’s Reed-Belanger chrome deposi…
Pioneer awaiting feasibility on Puffy Lake gold project
A year ago almost no one in mining circles could tell you very much about Pioneer Metals, then a junior exploration company with a low grade gold and silver prospect in New Mexico. Now, the company is…
Lac appeal decision may drag
The market seems to be saying that Lac Minerals is going to win, to some degree, its appeal of an Ontario Supreme Court ruling awarding the Page-Williams gold mine at Hemlo, Ont., to International Cor…
Mono raises funds
Mono Gold Mines has completed a flow-through share issue of 500,000 shares at 60 cents per share. The private placement will provide $300,000 to the company. The cash will fund additional exploration…
THE EDITORIAL PAGE The winds of flow-through
Amid the recent speculation and fears expressed by many in the ind ustry that flow-through financing may be scrapped or revamped by Finance Minister Michael Wilson in the next federal budget, comes a …
Warrants net Eden Roc $1.5 m
The exercise of 1.2 million warrants of Eden Roc Mineral Corp. has provided $1.5 million to the company’s treasury. The funds will enable the company to continue exploration work on the Asupiri gold p…
Deep Normine hold looks interesting
Significant disseminated and banded sulphides have been encountered in the the first hole put down by Normine Resources on its Wait property near Kimberley, B.C. This hole has now been completed at a …
SMDC drilling at Jojay intersects mineralized zone
A 6,800-ft drill program has met with encouragement at the Jojay gol d property held by partners Saskatchewan Mining Development Corp. (SMDC) (66%), Claude Resources (34%) and Shore Gold Fund, which c…
Noranda Pacific intersects platinum/palladium values
Wide intersections with significant gold, platinum and palladium val ues have been obtained from renewed drilling by Noranda Pacific on its Coronation Hill joint venture located in the Northern Territ…
Ambitious program begins on Duverny gold property
A new junior mining company, Jilbey Industries which was originally financed by a 400,000-share offering at 30 cents a share through the facilities of West Coast Securities of Vancouver, began tradin…
Glen Auden assays high grade values
High grading gold values have been assayed from grab samples taken b y Glen Auden Resources from the company’s Swayze- Denyse property. Located south of Timmins, Ont., the property has been mapped, tr…