Trader releases results from Macklem claims
Trader Resource Corp. (TSE) of Toronto has released a preliminary report on its gold property in Macklem Twp., near Timmins, Ont. optioned from Ronnoco Gold Mines (COATS). Results from 16,839 ft of di…
News
Public meetings favorable for Mount Polley
Development plans for the Mount Polley copper- gold project were reviewed in a series of public information meetings held in the communities of Williams Lake, Likely and 150 Mile House, all in British…
Minnova to increase stake in Audrey’s Mobrun to 50%
After waiting quietly on the sidelines for partner Audrey Resources (TSE) to size up the potential of the Mobrun polymetallic mine near Rouyn-Noranda, Que., Minnova Inc. (TSE) is stepping in to buy a …
Multinational begins Toodoggone work
Crews were recently mobilized to carry out work programs at two key mineral properties held by Multinational Resources (VSE). The company plans to carry out detailed mapping, prospecting, trenching an…
Madeleine Mines in no rush to begin platinum mining
If management were to put on any kind of a drive to production, Madeleine Mines (TSE) could be turning out a palladium-platinum-nickel-copper concentrate by year end, The Northern Miner gathered on a …
High grade Orex results dispute original drill assays
A series of unusually rich assays released by Orex Exploration (ME) from four drill holes which previously returned marginal results are being treated with caution by members of the mining investment …
Results from Gowest project should be good significant
A drill program operated by New Texmont Explorations (ASE) on Gowest Amalgamated Resources’ (ASE) Tully Twp. property 25 miles northeast of Timmins, Ont., is expected to yield some significant results…
Metal Prices (July 24, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date July 18 July 17 July 14 July 13 July 12 Copper 1552-…
Golden Bear project gets $31 million boost
Despite a somewhat rocky and tenuous start on the road to production, it appears that construction of the Golden Bear mine project in northern British Columbia is firmly on track for planned completio…
Photo by The Northern Miner (July 24, 1989)
The primary crusher at the Gilt Edge mine. If proposed expansion plans meet stiff environmental standards, Gilt Edge could rival North Carolina’s Ridgeway mine as a low grade, high tonnage producer.
Savanna exchanges shares with American Chromium
Savanna Resources (ASE) says an offer to exchange two of its shares for five class A or B shares of American Chromium Ltd. (ASE) has been accepted by 11 major shareholders of American Chromium. Savann…
Magma makes deal for concentrates
A contract has been entered into by Magma Copper (AMEX) with Compania Minera de Cananea of Mexico City, Mex., for the purchase of about 154,000 tons copper concentrates during the first year of a mult…