Cornucopia renegotiates Red Mountain deal
A lease agreement held by Cornucopia Resources has been renegotiated, the company says. The agreement concerns the Red Mountain gold deposit in Colorado. Under the new deal, Cornucopia will receive a …
Articles by Northern Miner Staff
Metals Report: Labor relations seen improving
Labor relations in the mining industry are changing dramatically in the 1980s, largely a result of the changing economics of the industry. The 3-month old strike at Noranda’s Canadian Electrolytic Zin…
Obituary: Lyle Smith
A long-time prospector and mining entrepreneur, Lyle F . Smith, has d ied at the age of 65, at his home in Killaloe, Ont. Mr Smith was particularly active throughout his career in northern Ontario and…
Drilling planned by Argentex in Puiseaux and Orvilliers twps, Que
A 25,000-ft diamond drilling program is scheduled to start in December on Argentex Resource Exploration’s property in Puiseaux and Orvilliers twps., Que. The drilling will test areas which yielded ano…
Banquest Resources has changed its name to Universal Pre-Vent Inc.
basis of 1 new for 5 old shares.
Bighorn Development Corp announces that First Exploration Fund
Limited Partnership has agreed to fund a surface diamond driling and shaft rehabiliation and underground bulk sampling program on the company’s Island Lake Gold project in Manitoba. Total flow-through…
Interlake plans to amalgamate
Interlake Development plans to amalgamate with two of its subsidiaries and a fourth company, all of which have interlocking management and hold jointly certain oil and gas property interests, and chan…
Kerr may spend close to $2 million on B.C. gold bet
A joint venture agreement between Kerr Addison Mines and International Coast Minerals could see the former spend $1.75 million on a gold property in the Kennedy Lake area on Vancouver Island. Coast Mi…
Tax Angles: The `At-Risk’ rules (Part 2)
Recent court decisions foiled Revenue Canada’s general attempt to limit a limited partners’ allocation of deductions to the amount of his liability for economic loss or “at-risk” amount. The moratoriu…
Earnings up once again for U.S.-based Battle Mtn.
Improving gold prices and operating efficiencies are the chief reasons behind the 60% profit boost found on the latest financial statements from U.S.-based Battle Mountain Gold. For the nine months en…
PLACE RESOURCES — Robert G. Jennings elected a director
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Fort Knox Gold and Inco busy near Kenora
Could you please bring me up-to-date on Fort Knox Gold. I understand Inco has taken larger control or interest in the company. Please verify. G.S. Toronto, Ont When Fort Knox Gold Resources was origi…