News

More holes ‘click’ for North American, Dundee

Diamond drilling continues to meet with encouragement on the Casa Berardi joint venture gold property of North American Rare Metals and Dundee-Palliser Resources in Vezza Twp., 25 miles south of Matag…


Bruneau interest in Montclerg prospect

Bruneau Mining Corp says it has an agreement in principle with Montclerg Resources, for Bruneau to earn a 60% interest in Montclerg’s gold property in Walker and Clergue twps., near Timmins, Ont. Brun…


Exploration heats up Northwest Territories

With the resounding success of the Lupin gold mine which produced nearly 194,000 oz of gold last year at its site just 56 miles south of the Arctic Circle, many junior companies are following the exam…


Queenstake plans precious metals probe

Queenstake Resources is raising up to $600,000 for exploration of its B.C. and Yukon precious metal properties, the company reports. The funds, resulting from a financing agreement with NIM and Co. Lt…


Power plans work on Jaeger property

Power Explorations intends to conduct additional exploration on ground held by Jaeger Resources in the Opapimiskan Lake area of northwestern Ontario. The 99- claim property is shared equally by the tw…


PDA service awards for Laurin, Seigel

Distinguished service awards are being awarded this year to Dr. Andre F. Laurin, assistant deputy minister of Quebec’s energy and resources ministry, and Dr. Harold O. Seigel, president of Scintrex Lt…


Queries Boston Bay platinum stake is big

I am now receiving my Northern Miner regularly and was sure glad to see that story on platinum. It will be helpful with my research as to investing in that metal. I hold some shares in Boston Bay Mine…



Pioneer nets $15.75m. for Puffy Lake gold mine

Project financing has been secured by Pioneer Metals for its Puffy Lake gold mine, 45 miles northeast of Flin Flon, Man. Debt- free, and with $4 million in working capital (excluding the financing), P…


Moneta acquires a base metals deposit

Moneta Porcupine Mines has acquired a 15-claim property in Blondeau Twp., near Belleterre, Que. The claims include a deposit which was explored by Kelly Lake Nickel Mines years ago. More than 62,000 f…



Contractor selected for ERG project

A management engineering group has been selected by ERG Resources, for the company’s $65-million gold tailings project near Timmins, Ont. Kilborn Ltd., an engineering consulting company, will complete…


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