Investment Comment High hopes for Bryndon
During a recent North American tour, a number of British analysts stopped in at Bryndon Ventures’ Rossland claims just south of Rossland B.C. While it isn’t known how long they spent at the property, …
News
Texmont to earn 50% of Gowest property (March 21, 1988)
Explorations of Toronto an option to earn a 50% interest in a 14-claim property in Tully Twp., 40 km northeast of Timmins, Ont. Under an agreement, after New Texmont has spent $400,000 within one year…
International Curator options U.S. gold bet
An option agreement with Tellis Gold Mining gives International Curator the right to earn a 50% interest in the Arica gold prospect located in Riverside Cty., Calif. To earn the interest, Internationa…
Ridgeway gold mine looms for BP Minerals, Galactic
The Ridgeway gold mine, owned 52% by BP Minerals America and 48% by Galactic Resources will start tuneup operations by the fourth quarter of this year. The 15,000-ton-per-day mine, located 25 miles no…
Oil and gas information wanted
I realize that no one can be all things to all people. However, even though The Northern Miner has ben dedicated primarily to mining interests, as far back as I can remember it has always been a sourc…
Letters to the Editor New direction appreciated
I am a subscriber to The Northern Miner as I have actively traded mining shares and gold-mining mutual funds for several years. I hope your issue dated March 7 represents a new direction for your fine…
Bighorn begins bulk sampling at 25tpd Island Lake mill
A 25-ton-per- day pilot mill has started bulk sampling at Bighorn Development’s and Wydmar Development’s Island Lake gold project in northern Manitoba. The mill is processing a 3,000-ton bulk sample, …
Hydro discount to extend life of Brenda mine
A deal to get surplus power from B.C. Hydro at a discount price will enable Brenda Mines to extend the life of its open pit copper/molybdenum mine near Peachland, B.C., for an extra year, it has been …
Montreal Exchange Revised takeover bid
Although it currently holds 56.5% of the issued and outstanding common shares of Louvem Mines, St. Genevieve Resources appears to be meeting some resistance to its revised takeover bid for the gold pr…
St. Genevieve renews offer for common shares of Louvem
A proposed offer to boost its interest in Louvem Mines to about 90%, through the purchase of up to 4.8 million common shares of the gold producer, is going ahead, St. Genevieve Resources has announced…
Pickens backs out of Homestake deal
Texas oilman T. Boone Pickens and his Mesa Ltd. Partnership recently withdrew a $1.88-billion takover bid for San Francisco-based Homestake Mining Co. On March 7, the Homestake board of directors unan…
Pamorex/Highwood N.W.T. drill results
Results are encouraging from the first five holes drilled by Pamorex Minerals (60%) and Highwood Resources (40%) on the Regan Lake gold prospect southeast of Lupin Lake, N.W.T. The best intersections …