Packard Resources has changed its name to Conpac Resources Ltd. on
1-new-for-each-5-old shares.
Articles by Northern Miner Staff
A French research institute, Ifremer, has discovered substantial
deposits of cobalt off the islands of Tuamotu near Tahiti, says the French government. Production was halted Oct 22 at Boliden AB’s Aitik copper mine near Gallivar in northern Sweden when 400 of the m…
Survey maps Pickle Lake area
The hot Pickle Lake exploration area in northwestern Ontario is covered by a set of 59 new survey maps just released by Ontario’s Ministry of Northern Development and Mines. The ministry says the maps…
Cost reductions help Lornex to higher profit
A 14% jump in net earnings in the first nine months this year over the same period last year, has been attributed by Lornex Mining Corp. to reductions in operating costs and all other expenses. Lornex…
Financing plan being considered by Gowest
Pending a successful refinancing of Gowest Amalgamated Resources, the company is considering additional drilling on its Denton Twp., Ont., gold prospect, west of Timmins. A 5,000-ft program is conside…
Still holding over $400: Strong dollar key to gold’s slip
When the U.S. dollar strengthened during the past week, gold prices dipped sharply, further evidence that the overiding factor in gold markets continues to be the relative strength of the U.S. dollar….
Brunswick Mining
Brunswick Mining and Smelting reports a loss of $8,090,000 for the nine months ended Sept 30, against a loss of $2,316,000 for the similar period in 1985. Net revenue was $157,504,000 compared with $1…
Three drills now testing Granges’ B.C. gold bet
Probably better than most companies, Granges Exploration recognizes the importance of a drill hole. That fact alone best explains why the company will complete 15,000 to 20,000 ft of drilling this yea…
Drilling at Rand Malartic significant: NSR Resources
Definition drilling of the 67 zone at the Rand Malartic, Quebec gold property of NSR Resources is under way with encouraging results being returned. So far, 23 underground holes have been completed at…
St. George acquires Nevada gold prospect
St. George Minerals has reached an agreement to acquire the Dean mine property located two miles southeast of its Fisher gold project in Nevada’s Battle Mountain area. President Frank Varseveld claims…
Rio Tinto Zinc subsidiary options Brazilian platinum bet from TVX
RTZ Minerals, a wholly owned subsidiary of the traditionally conservative Rio Tino Zinc PLC of London, has signed an option agreement with CNM of Brazil to earn a 40% interest in a platinum/ paladium …
Beaufield options property gets flow through financing
Beaufield Resources, has entered into an agreement with Kidd Creek Mines, an affiliate of Falconbridge Inc., giving the company the right to earn a 49% interest in Kidd Creek’s Lac Barry area properti…