Queenstake plans precious metals probe
Queenstake Resources is raising up to $600,000 for exploration of its B.C. and Yukon precious metal properties, the company reports. The funds, resulting from a financing agreement with NIM and Co. Lt…
1987
Power plans work on Jaeger property
Power Explorations intends to conduct additional exploration on ground held by Jaeger Resources in the Opapimiskan Lake area of northwestern Ontario. The 99- claim property is shared equally by the tw…
Queries Boston Bay platinum stake is big
I am now receiving my Northern Miner regularly and was sure glad to see that story on platinum. It will be helpful with my research as to investing in that metal. I hold some shares in Boston Bay Mine…
Pioneer nets $15.75m. for Puffy Lake gold mine
Project financing has been secured by Pioneer Metals for its Puffy Lake gold mine, 45 miles northeast of Flin Flon, Man. Debt- free, and with $4 million in working capital (excluding the financing), P…
Shallow drill holes intersect silver values, Lacana says
A series of shallow drill holes have been completed by Lacana Mining Corp. on the California Lake project, south of Bathurst, N.B. Partners include American Ore, Sparton Resources and Lynx-Canada Expl…
Toronto Stock Exchange Golds lead Bay Street bull to even greater
The Bay Street bull has come down with a walloping case of spring fever and no one’s looking for a cure. The beast barrelled ahead 118.87 pts on the composite 300 this week, with more than half that a…
Purity is key
High purity separated rare earths are the key to growth in the rare earths industry, Roskill News reports in a recent bulletin. “With prices up to one thousand times those of mixed rare earth compound…
Blackberry outlines gold-platinum gravels
Blackberry Gold Resources says that drilling and test pitting have indicated 820,000 cu m of gold-platinum- bearing gravels on its property near Princeton, B.C. Values range from $1.27 to $7.22 per m …
$1.1 million targetted on Mets in Toodoggone
An exploration budget in excess of $1.4 million is being evaluated by Golden Rule Resources and Manson Creek Resources for the Toodoggone area of north-central B.C., says Manson Creek President Glen H…
Metal Markets Share investment advised
Invest in shares rather than physical gold, platinum or silver, J. B. Were & Son advises in a recent update. “Shares usually provide an income in addition to capital gains in excess of inflation,” the…
Abitibi seeking $7 million
An underground exploration program budgeted at $7.1 million, has been proposed for Abitibi Resources, Bevcon-Buffadison property near Val d’Or, Que. Abitibi and affiliate company Mid-Canada Gold & Cop…
new in brief
Renox Creek Resources has changed its name to Equinox Entertainment Corp. on a share-for-share basis.