Soocana completes exploration at Wawa
A follow-up exploration program is being planned by Soocana Explorations (COATS) for the company’s Blacksmith and Murray Algoma gold properties located 11 miles northeast of Wawa, Ont. The work return…
News
Research network proposed for exploration community
The exploration research community has submitted a proposal to the federal government to assist financially in establishing a national network that would carry out fundamental targeted research on new…
Kerr Addison quarter results
Kerr Addison Mines (TSE) had net income of $7.1 million or 41 per share for the nine month period ended Sept 30. During the same period in 1987, earnings per share totalled $1.03. The profits were gen…
Letters to the Editor land claims not dividing Yukon mining
Your issue of Oct 3, carried an article by Nancy Campbell describing some of the land claim concerns in the Yukon Territory (Land claims settlement divides Yukon mining industry.) While much of the ar…
Coeur d’Alene
The president of Coeur d’Alene Mines is bullish on silver. Dennis Wheeler told a New Orleans investment conference recently that he was optimistic “several fundamental factors will lead to higher silv…
Athena;s Talapoosa gold/silver project being evaluated by
Several consulting firms have been engaged by Athena Gold Corp. (VSE) to conduct independent verification of significant portions of the known data on its Talapoosa gold and silver property in western…
Brunswick earnings
Net earnings from operations of $6.76 million (19 per share) were reported by Brunswick Mining and Smelting (TSE) for the third-quarter of 1988 compared with $17,000 for the same period last year. Val…
Third-quarter output drops for Hemlo Gold
A lower gold output and higher operating cost were reported by Hemlo Gold Mines (TSE) for the third quarter of 1988 compared with the same period last year. Hemlo Gold, controlled by Noranda Inc. (TSE…
Orofino drill program completed
A 10,000-ft drill program has been completed by Orofino Resources (TSE) on the company’s Coronation Gulf gold property in the Northwest Territories. The property is held under option from Canuc Resour…
Ounces up at Dickenson’s Red Lake Mine
Toronto-based Dickenson Mines (TSE) has reported increased gold production from its Red Lake mine during the third quarter. Gold production at the Arthur White Mine for the first nine months of this y…
Financing gold projects topic of seminar
Financing precious metals projects was the theme of a 2-day seminar at the Metro Toronto Convention Centre last week. The seminar, organized by the Institute for International Research, included 11 sp…
Letters to the Editor 16 died at Paymaster
I have been a fond reader of The Northern Miner for years and noticed (N.M., Aug 29/88) where Richard Buell quotes about the accident at the Paymaster mine in his Timmins report, and about Black River…