Glamis profit hurt by court decision
A lawsuit which went against Glamis Gold hurt the company’s bottom line for the fiscal year ended June 30. For the period, net earnings totalled $429,538 or 3 cents per share compared to earnings of …
News
Mahogany assays from Fork Lake David D.
Initial drill results have been received from Mahogany Minerals Resources’ Fork Lake project in the La Ronge area of northern Saskatchewan. Mahogany has a 19% carried interest in the discovery which i…
EDITORIAL Curragh’s zinc mine a triumph for the North
The success of Curragh Resources’ rejuvenated zinc-lead mine is a triumph of many dimensions. It testifies to Clifford Frame’s tenacious ambition, it bolsters Canada’s position as a mineral producing …
Hemlo Gold and Central amalgamate gold claims
An exploration program being carried out by Noranda Exploration Co. on Central Crude’s 118 gold claims in the Mishibishu Lake area of northwestern Ontario, will be extended to include the adjoining 16…
Cathedral finds new zone
After some advanced gold projects held by Imperial Metals were spun out into a new company called Cathedral Gold Corp., the new company promised to begin work on some major programs. Nearly three mont…
Editorial Let’s get Tut’s gold
Unabashed gold bugs that we are, we’d like to see a piece of King Tut’s gold treasure fall into Canadian hands. Is there a private collector out there with (probably), several hundred thousand dollars…
SMDC gets results at Fork Lakes
Initial drill results from the Fork Lakes gold property suggest that gold mineralization extends to a depth of at least 60 m, operator Saskatchewan Mining Development Corp., says. Located north of La …
Marker, Varna begin $2.5 m drill program (November 23, 1987)
Marker Resources and partner Varna Resources have started a $2.5- million diamond drilling program on projects in Newfoundland and Manitoba. Varna and Marker plan to amalgamate shortly. In Newfoundlan…
QUERIES Fort Knox report due next month
As a regular subscriber to The Northern Miner, and a registered shareholder of Fort Knox Gold Resources, I am curious to know why I have not received an interim report from the company. Rumor has it t…
Editorial Flame in the miner’s lamp
Can you read anything of much significance to the mining industry in the fact that a miner’s lamp has helped start the Olympic torch on its long journey to Calgary, site next February of the 15th Wint…
Panorama plans feasibility work
Working to reach the feasibility stage at two U.S. gold projects next year, Panorama Resources reports encouraging results from its recent drilling programs. At the Spanish mine property near Nevada C…
Toronto Stock Exchange Traders unimpressed with budget deficit
A four-day winning streak on the tse during our review week was snapped by a 43.86-pt loss yesterday. Today, the composite index perked up, adding 11.35 pts to close at 2,922.67 pts. The generally slu…