Spirit Lake planning summer drill program
Encouraging drilling results have been reported by Spirit Lake Explorations (ME) from a winter program carried out at the company’s Edwards prospect in Jacobson Twp., located 20 miles northeast of Waw…
News
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…
Joutel to get Noront assets
A reserve takeover of Noront Resources (VSE) will take the company from the mineral exploration field to the computer sector. Under the terms of a proposed deal, Noront will transfer all its mining pr…
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…
Eider decision
Disappointed by the results of a bulk sample taken from the Lake Rose property located east of Val d’Or, Que., Eider Resources (me) says it has no plans to spend more money on the property in the near…
Teck considers options at Montcalm nickel deposit
In light of the current strength in nickel prices, Teck Corp. (TSE) is considering several options for its Montcalm Twp., nickel-copper deposit located 35 miles northwest of Timmins, Ont. Hosting rese…
Correction (April 04, 1988)
Proven and probable oxide ore reserves at Brohm Resources’ Gilt Edge gold property in South Dakota are 6.7 million tons of 0.04 oz gold per ton, not 0.4 oz as stated in The Northern Miner, March 28. S…
Kiena, Sigma unite into Placer’s Quebec branch
It’s taken almost a year to put in place, but Placer Dome subsidiaries Kiena Gold Mines, and Sigma Mines (Quebec) are to be amalgamated to form a major Quebec mining division of the parent company. Pl…
Vancouver Stock Exchange N.A. Metals management must decide
It’s becoming more and more difficult to comprehend which of two takeover offers management at North American Rare Metals is actually supporting. At this point it seems to be both. But the market has …
Stratmin plans more drilling on graphite bet
More drilling is planned by Stratmin Inc. of Montreal along a 6,000-ft electro-magnetic anomaly on a wholly-owned graphite property located south of Mont Laurier, Que. The company recently released th…
Ecudor financing (April 04, 1988)
A private offering at $2 per share with la Societe en Commandite Sofimines 1987 secured Ecudor Mining of Rouyn-Noranda, Que., more than $1.1 million, the junior mining firm reports. Ecudor (formerly L…
Denison’s new captain keeps to father’s course
After 35 years at the helm of Toronto-based Denison Mines, Stephen B. Roman died recently leaving his huge energy-resource empire in the hands of his daughter, Helen Roman-Barber, an unproven quantity…