Quebec claims staked
A platinum- copper-nickel prospect has been staked by Longreach Resources in Temiskaming Cty., 60 miles south of Noranda, Que. The 24 claims were explored with geophysical surveys, trenching and 50,00…
1987
Northern Dynasty ups output at Nevada mine
The transition from open pit to underground mining will boost production at Northern Dynasty Explorations’ 42%- owned Little Bald Mountain gold mine in Nevada, President J. Glenn Simpson reports. With…
News in Brief (November 23, 1987)
Tropicana Resources has changed its name to Tropicana Development Corp. (tna:vse) on a share-for- share basis.
People (November 23, 1987)
Toronto Stock Exchange — Terry Popowich assumes position of vice-president domestic trading, succeeding Huntly F. McKay who is retiring for reasons of health.
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…
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 …
COATS Trading Features (November 23, 1987)
One of the volume leaders this week was Findore Minerals which reached a high of 65 cents on 182,000 shares. The company has just acquired 21 claims in Garrison Twp., east of Matheson, Ont. Findore p…
Orofino completes flow-through issue
Toronto-based Orofino Resources has completed a flow-through share issue to raise $3.2 million to fund exploration and development of the company’s existing properties. Orofino says it realized $2.2 m…
Spanish help leach project near first pour: Thorco
A gold-silver heap leach project in southwest Spain is expected to have its first pouring of bullion at year-end, Toronto-based Thorco Resources reports. Thorco, through its 50% shareholding in Centur…
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…