Savanna Resources Sept 29
A number of different companies have taken a look and then walked away from Savanna Resources’ (ASE) Turner Albright polymetallic project in southern Oregon. Noranda Exploration, for example, optioned…
Articles by Northern Miner Staff
Treminco to test mine NWT gold bet
As soon as permitting is in place, Treminco Resources (TSE) plans to begin test mining the Crestaurum gold property 15 miles from its Ptarmigan gold mine in the Northwest Territories. The company rece…
Nfld exploration activity high
Mineral exploration in Newfoundland during 1989 maintained a very healthy level of activity as more mining companies realized that Newfoundland is one of the prime areas for mineral exploration in the…
Freewest results renew interest in Harker-Holloway
Results from deep drilling by Noranda Inc. (TSE) on ground held in joint venture with Freewest Resources (ME) has sparked renewed interest in the Harker- Holloway area north of Kirkland Lake, Ont. Dri…
Photo by The Northern Miner (November 06, 1989)
The open pit at Samatosum is located on the north slopes of Samatosum mountain at an elevation of about 1,400 m, 40 km from the town of Barriere in southern British Columbia. Harry Ewaschuk John Harve…
Gold, base metals figure in Teck deals with juniors
Not much noise is being made about it, but Teck Corp. (TSE) appears to be once again courting junior companies with promising exploration projects. The Vancouver-based major mining company recently en…
Placer Dome in second phase drilling at Mexican Hat
A second- phase drill program by Placer Dome U.S. is under way on the Mexican Hat bulk tonnage gold property in Cochise Cty., Ariz. Oneida Resources (VSE) began exploring the gold prospect early this …
McNickel buying copper-nickel bet in Saskatchewan
McNickel Inc. is acquiring a copper-nickel property near Gallager Lake in northern Saskatchewan. The 8-claim property is reported to host a deposit with some 1.77 million tons of material grading 0.73…
Letters to the Editor Alexanders Laing did not reneg’
I was dismayed to read your editorial regarding Alexanders Laing & Cruickshank and the exercise of their “right of withdrawal” in respect to the recent financing of Prime units (“Welshing on a bet,” N…
Hillsborough ends deal
Hillsborough Resources (TSE) has decided not to participate in a joint venture with Corner Bay Explorations, a private company, on Corner Bay’s copper property near Chibougamau, Que. The Corner Bay de…
Inside New look at Val d’Or
Val d’Or, Que., has been well worked over by gold explorationists, but its base metal potential has been largely overlooked for the past 20 years. New geological theories and new exploration technique…
Metal Prices FUTURES PRICES (November 06, 1989)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov– — 115.95 + 1.05 Dec118.50 117.40 118.25 + 3.15 Jan116.00 114.40 115.65 -…