Articles by Northern Miner Staff

Teck options Greenland bet of Platinova

An agreement has been entered into between Platinova Resources (TSE) and Teck (TSE) whereby the latter may earn a 50% interest in Platinova’s East Greenland gold- platinum project. To earn its interes…



Milling halted at Colomac as Northgate awaits banks

With its new mill at a standstill, the remote Colomac gold mine is now on borrowed time and may have to be shut down altogether when fuel supplies run out in March. Owner NorthWest Gold (AMEX), a 52% …


FINANCING (January 07, 1990)

Founder Resources Inc — 910,000 units offered at 45 cents per unit. Pricam Explorations Inc — 700,000 shs offered at 35 cents per sh with a minimum subscription of 700,000 shs required.


Avondale drops Inco project

After completing over $2.5 million in expenditures on the Inel property, Avondale Resources (VSE) has elected to terminate its option agreement with Gulf International Minerals (VSE). Under the terms …


Vangold reactivated

After lying inactive, Vangold Resources (VSE) is back in business with the completion of a private placement of 300,000 flow-through shares at a price of 50 cents per share. Non-transferable share pur…


Atlanta allows Newmont option

Shareholders of Atlanta Gold (TSE) voted in favor of optioning the company’s Idaho properties to a unit of Newmont Mining (NYSE). Newmont can earn a 51% interest by making staged cash payments totalli…





Drill program to test IP targets at Fireweed

A drill program is planned for early 1991 on the Fireweed property north of Smithers, B.C. Mansfield Minerals (VSE) granted Minnova (TSE) the right to earn a 70% interest in the polymetallic project b…


Elliot Lake to receive $15-million financing

The area surrounding Elliot Lake, Ont., will receive $15 million from the provincial government to help diversify and revitalize its economy after a series of job losses at the community’s uranium min…


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