News


Gordex to convert to vat leaching

Based on results of 92 drill holes on 12.5-m spacings, reserves at Gordex Minerals’ Cape Spencer gold mine stand at one million tons grading 0.057 oz gold per ton. Located northeast of Saint John, N.B…


Net asset value up 57% for BGR

The net asset value of BGR Precious Metals for the year ended Jan 31 was $81 million, an increase of 57% from last year, President Ned Goodman reports. Of that total, $14.3 million represents the addi…


A reason behind El Paraiso’s movements

I rely on The Northern Miner to tell me why stocks have jumped up rapidly. I have a number of shares of El Paraiso Resources, a junior penny stock that has steadily moved up from 14 cents this year. …


Editorial No need to panic over Amoco deal

Dome Petroleum’s sad saga continues much in the news these days, a situation that is likely to continue for some time as the politicians are getting more and more into the act. Sparking this latest su…


United Keno expects profit and a longer mine life

There were no questions from the floor at the annual meeting of silver producer United Keno Hill Mines, probably reflecting the fact that shareholders generally liked what they heard from President J….




Steep Rock starts commerical shipments

Commercial product shipments started this month reports Steep Rock Resources, following the completion of construction of the first phase of the multi-phased ultra- fine calcite plant at Perth, Ont., …



Augdome financing placer pilot test

Assay results have just come in from a placer gold property on the lower reaches of McConnell Creek in B.C. Property owner Augdome Corp. has decided to issue 160,000 preference shares (at $1 each) to …


Camreco plans drilling program

With arrangements made with MVP for $1.5 million flow-through funding, Camreco Inc. plans a major drilling program on its northwestern Ontario properties including its recently acquired Goldlund Mines…


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