LAC to gain from BIG’s exploration potential
Promising exploration potential is one major asset Bond International Gold (TSE) will have to offer its new controlling shareholder LAC Minerals (TSE) of Toronto. According to broker Shearson Lehman H…
Articles by Northern Miner Staff
Samatrosum mine opens producing silver, zinc plus copper, lead,
The sun shone only briefly during the official opening of the Samatosum mine 40 km from this small community, but it was enough to cap a red letter day for Minnova Inc. (TSE) and junior partner Rea Go…
Partner of choice’
Placer Dome is trying to establish itself as the partner of choice’ among junior exploration companies looking to explore and develop properties in North America. If the number of deals Placer is invo…
Spot prices at a glance (November 06, 1989)
Week’s Price (US) Change Gold $373.60+$ 5.25 Silver $ 5.17+$ 0.04 Platinum $487.25+$ 4.45 Nickel $ 4.52–$ 0.16 Lead $ 0.34–$ 0.01 Copper$ 1.24– 0.01 Zinc$ 0.70–$ 0.01 Courtesy of Sco…
CEIP seminars aimed to educate skeptics
If there are any remaining misconceptions about the Canadian Exploration Incentive Program (CEIP), government officials in the federal department of Energy Mines and Resources hope to have them cleare…
Current market
Current market conditions may have slowed the fund-raising but they haven’t dampened the enthusiasm of the officers of Armistice Resources (ME), who continue their search for a gold deposit at Virgini…
Correction (November 06, 1989)
Contrary to what we reported (N.M., Oct 30/89), there is no longer any connection between Stan West Mining of Arizona and Toronto-based Stan North Mining.
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…
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…