Douay drilling doesn’t match earlier results
Results from two drill holes on the Douay property in northwestern Quebec failed to match results from the discovery hole announced two weeks ago. Inco (TSE), the operator, says hole 84610, which was …
Articles by Northern Miner Staff
Crown’s next mine could transform town
About 50 miles northeast of Republic, Wash., the up-and-coming mining town of Chesaw looks like the suitable backdrop for a wild west movie. The town is likely to change, however, as Crown Resources (…
IOCC GOLD OPTIONS (March 05, 1990)
Options Open Series Volume Last Interest May 390 C 203 30.00 404 May 430 C 229 6.50 1,354 May 440 C 405 5.50 1,679 May 450 C 491 3.50 354 Aug. 400 C 246 31.50 354 Aug. 420 C 270 19.50 724 Aug. 430 C 1…
Prospectors protest CEIP cuts
While they are resigned to life without the Canadian Exploration Incentive Program (CEIP), junior mining executives are planning a campaign to heighten public awareness of the impact that the federal …
Glencairn signs Goodfish agreement
An agreement has been reached between Glencairn Explorations (ASE) and International Platinum (TSE) to explore the 25-claim Goodfish gold property near Kirkland Lake, Ont. Under the agreement, Interna…
Letters to the Editor Ontario government counters CEIP cuts
I read with great interest your editorial in the Feb. 26 issue “Exploration could use more support.” I agree with the overall thrust of your remarks that Ontario’s mining industry is such an important…
Publisher speaks at CIM luncheon
The Canadian mining industry has faced numerous challenges this century, and changing its triumphs since 1915 has been The Northern Miner. The weekly newspaper, which had its start in Cobalt, Ont., is…
Noranda plans 10 holes on Glimmer bet
Noranda Exploration, a unit of Noranda (TSE), has completed eight diamond drill holes on Glimmer Resources'(VSE) joint venture gold property near Matheson, Ont., and is planning 10 more in the current…
Deak eases towns” fear of the future
The fear of becoming a mining ghost town has been put to rest in the northern Ontario communities of Virginiatown and Larder Lake. A recent deal between Deak Resources (TSE) and creditors of bankrupt …
Revenue Canada’s treatment of farm-ins not about to change
In the latter part of 1989, some uncertainty arose about the status of Revenue Canada’s treatment of farm-ins, evidently because a district taxation office in Western Canada veered somewhat from its t…
Aur to pick up 47% interest in Belmoral Mines
Aur Resources (TSE) has agreed to lend its considerable geological expertise and some financial help to Belmoral Mines (TSE) in return for the option to purchase a 47% stake in the company. The propos…
LAC closes office
LAC Minerals (TSE) will close its exploration office in Kirkland Lake, Ont., on April 15, affecting 12 employees. At least four of them will be offered relocation within the company. LAC’s operations …