A 10,000-ft program of diamond drilling is planned by Parklane Technologies on the Rox/Vox claim group in the Contwoyto Lake area, N.W.T. The company says it is preparing now to start the first-phase …
Continuing to trade actively on the Montreal Exchange this week was Abitibi Metal Mines, which closed down 3 cents to 24 cents with more than 1.2 million shares changing hands. Confident about bringi…
A 35,000-ft diamond drill program is scheduled to start before the end of September on the Arrowhead gold property of Quebec Cobalt and Exploration in Joannes and Bousquet twps., Que. The 1,000-acre p…
A $25-million underground exploration program has been proposed for the Tundra gold project by partners Noranda Exploration (51%) and Getty Resources (49%). Located in the N.W.T., the Tundra deposit, …
Operators of the Sleeping Giant gold-silver mine project located about 40 miles north of here are gearing for a production start-up in January, 1988, The Northern Miner learned during a recent tour. T…
Wilco Mining has issued a convertible note to Deak Ariadne Ltd. which raised $1.1 million. The funds will be used to purchase 400,000 shares of Seadrift International Explorations which is drilling th…
Today, exploration activity in the Northwest Territories is generally directed towards precious metals. The reason? Shipping mineral concentrates out of the north is expensive when compared to a refin…
In mine management circles, it’s known as the good news bad news syndrome. The good news is that flow-through financing and higher gold prices have spawned unprecedented numbers of new mines across th…
Neptune Resources has completed an issue of one million shares on a flow-through basis. The issue will raise $12 million for additional exploration work on the company’s 60%-owned Colomac gold project…
It’s not official yet, and won’t be for another few months, but Minnova Inc. plans to put its Ansil copper mine near here into production at the end of 1988 or beginning of 1989. The Northern Miner re…
The following is extracted from a brief presented by the Canadian Associatio n of Single Industry Towns at the recent 44th annual mines ministers’ conference, in St. John’s, Nfld. “We believe that t…
An exploration program of surface stripping and sampling is being performed by Glimmer Resources on the company’s 108-claim property in Barnet Twp., Ont. The claims are located in the Harker- Hollowa…
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