Letter to the Editor 48.3% of shares
With reference to your article on page 27 of The Northern Miner dated Jan 9, (“Trans-Dominion to acquire 48.3% of Doelcam”), I am enclosing a copy of our news release with respect to the transaction d…
News
Poor results delay production decision
An underground exploration program on the Maude Lake gold deposit has failed to provide the results needed to justify a production decision, partners Equinox Resources (TSE) and Technigen Corp. (VSE) …
Goldteck tailings deal
Goldteck Mines (TSE) has completed an option agreement with Matachewan Consolidated Mines (COATS) which pertains to the tailings at Matachewan’s former producing gold mine near Matachewan, Ont. From 1…
BHP and Glencairn to drill Blue Mtn.
Partners Glencairn Explorations (ASE) of Toronto and BHP-Utah Mines are planning to start a 4,000- ft drill program at the Blue Mountain gold property near Kirkland Lake, Ont. Based in Vancouver, BHP-…
Bethlehem re-examines Giant Copper property
As British Columbia copper deposits go, the Giant Copper project near Hope in southwestern British Columbia hasn’t yet lived up to its name. But back in 1966, its major mineralized zone, the AM Brecci…
People (January 23, 1989)
MARLAT RESOURCES — Bruce H. Campbell elected president; Mrs. Tania Campbell appointed to the board of directors.
Nuinsco to raise $1 M for Cameron program
Nuinsco Resources (TSE) has reached an agreement to finance renewed exploration at the Cameron Lake gold property in northwestern Ontario. Under an agreement with Middlefield Resources fund 1988, Nuin…
Nova-Cogesco board backs takeover bid
Acting on the report of an independent directors committee, the board of directors of Nova-Cogesco Resources (TSE) is recommending shareholders accept a takeover bid by Cambior Inc. (TSE) for all of …
Toronto Stock Exchange Base metals boom propels miners to new highs
Poor trade figures in the United States failed to put a damper on investor enthusiasm as the New Year’s rally continued unabated. A trade deficit in December of $12.5 billion (US) was announced which …
MinVen completes S. Dakota acquisition
MinVen Gold Corp. (TSE) recently completed the acquisition of a one-third joint venture interest in the Golden Reward project located in South Dakota. The Golden Reward, a heap leach gold project curr…
Rio Plata drills Timmins property
Detailed magnetic work and a preliminary diamond drilling program have been completed by Rio Plata Resources (VSE) on its Hislop Twp., property near Timmins, Ont. Eight holes were drilled on the north…
Canamax stops mining at Matheson project
Mining operations have been suspended at Canamax Resources’ (TSE) Matheson gold project in northeastern Ontario. No further mining is planned due to disappointing underground drill results on the Lowe…