Stratabound acquires two sulphide deposits
Calgary-based Stratabound Minerals (ASE) has acquired two massive sulphide deposits in the heart of the Bathurst-Newcastle mineral belt of northern New Brunswick, the company said recently. Known as t…
1988
Editorial Takeover binge looms for juniors
With the winding down of flow-through financing and stiffening taxes on capital gains, raising of risk capital in this country is bound to become more difficult. Hardest hit by these latest untimely a…
High grade assays for Can-Mac
High grading assays have been received by Can-Mac Exploration and Glen Auden Resources from their gold properties in the Swayze area south of Timmins, Ont. Stripping on the Topboot Lake property has e…
Market info added
For the benefit of our market- oriented readership, all highlighted company names appearing in stories will be followed by a two- or 3-letter designation identifying the stock exchange on which the co…
Golden Zone deal
Golden Zone Developments (VSE) has acquired an option to earn a 46.65% interest in the Big Hurrah gold property near Nome, Alaska. The property hosts reserves of 380,000 tons grading 0.45 oz gold per …
Audrey’s Mobrun lens guarantees new mill
Partners Audrey Resources (TSE) and Minnova Inc. (TSE) have turned up yet another important discovery at the Mobrun polymetallic mine near Rouyn-Noranda, Que., The Northern Miner has learned. Operator…
New partner for Sikaman in West Africa gold venture
Within months of a production decision for a gold mining property in Ghana, West Africa, a change in the membership of the project’s joint venture partnership has occurred. Remaining as a major shareh…
Talisman hole down-dip
Talisman Mines says that a strong intersection completed by Placer Dome Inc on a gold property is not as encouraging as was initially believed. The 20-m section which graded 6.7 g gold per tonne (0.19…
Redfern and Cominco plan more drilling
A $1.5-million surface and underground exploration program is being considered by Redfern Resources (VSE) and Cominco Ltd. (TSE) for the Tulsequah Chief massive sulphide property on the Tulsequah Rive…
Duration nickel find
A nickel-copper discovery has been made by Duration Mines (TSE) on the company’s property near Geraldton, Ont. A drill test of a geophysical anomaly cut 98 ft grading 0.5% combined nickel- copper per …
Lacana’s Santa Fe swells Euro-Nevada royalty assets
After six months of negotiations, Toronto-based Euro-Nevada Mining (TSE) has added another gold property to its list of Nevada royalty holdings, the company said recently. Euro-Nevada has acquired a 1…
Goldteck find high grade at Wilkinson Lake prospect
Toronto-based Goldteck Mines (TSE) has pulled a high grade gold intersection while drilling at the Wilkinson Lake property in Beardmore, Ont., the company announced recently. Hole No. 87-17 intersecte…