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…
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…
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…
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…
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…
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 …
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…
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…
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…
Three intersections grading more than 0.1 oz gold per ton over 5 ft have been reported by Nova-Cogesco Resources and Urbana Corp. from drilling at the latter’s Urban Twp. project near Lebel-sur-Quevil…
Labor negotiations at Inco’s Sudbury operations will be closely watched this year. Quid pro quo may well be the union’s rallying cry. The workers helped out the company when times were tough, they mig…
An option to explore a 78-claim gold property in Val d’Or, Que., made a former oil producer called International Baslen Enterprises the the big trader this week. With 623,000 shares changing hands, th…
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