News

Baloil expands holdings around Sumit gold claims

Calgary-based Baloil Resources has agreed to acquire for $125,000 a 100% interest in a group of eight claims located beside the company’s Sumit property in British Columbia. The claims include the for…


Deep drilling returns good results at Polaris-Taku

Several holes drilled at significant depths below the previous mine system returned good gold values at the Polaris- Taku mine project located in the Tulsequah River area of northwestern British Colum…


Cartier buys stake in Louvicourt bet

Exploration is scheduled to begin soon on a group of 19 claims beside the Aur Resources (TSE), Societe Miniere Louvem (TSE) massive sulphide discovery east of Val d’Or, Que. Cartier Resources (TSE) ho…


Montreal Exchange (July 17, 1989)

The latest drilling results from a copper-zinc massive sulphide deposit in Louvicourt Twp. in northwestern Quebec have only added to investor enthusiasm for the players, Aur Resources and Societe Mini…


Alberta Stock Exchange (July 17, 1989)

Some encouraging results from the Bryndon Ventures, Antelope Resources joint venture at Rossland, B.C., were sufficient to spark a 20 cents increase this week in the value of Bryndon’s share price. I…


Letters to the Editor Checkin’ the ‘rithmetic

In the second section of The Northern Miner of June 19, there is a speech by Frank Duval concerning the Montana silver mine near Troy, Mont. Mr. Duval’s arithmetic is off regarding the value of the or…


Bulk sample plans at Bakra project

Vancouver-based Bakra Resources (VSE) has completed four more drill holes at its Sannorm gold property in Manitoba where three zones have been outlined so far. Located 120 miles northeast of Winnipeg,…


Regulatory delays stall McNickel’s work plans

Regulatory delays are causing headaches for McNickel Inc. (COATS) which had hoped to start a major drill program last month on its Lac St. Jean copper-nickel prospect, 15 150 miles northwest of Quebec…




Corona’s sample shows diamonds in Saskatchewan

Corona Corp. (TSE) has announced that it has found diamonds in the kimberlite pipe it drilled on property optioned from Claude Resources (TSE). The claims are near Sturgeon Lake, Sask., 40 km north of…


Minerex has earnings

Minerex Resources (TSE) realized net earnings of $817,286 or 8 cents per share for the 9-month period ended Feb 28. Revenue of $7.9 million was generated from the sale of 18,037 oz of gold and 21,714 …


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