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
Norther Quebec focus of 1990 CIM symposium
A symposium on 60 years of exploration in the polymetallic belt of northern Quebec will be held in Rouyn-Noranda, Que., May 28- June 1, 1990. It is sponsored by the geology division of the Canadian In…
Vancouver Stock Exchange Investors await market direction
With economic ambiguity still the order of the day, nervous investors have been staying on the sidelines since the Oct 13 market drop. But this week’s small rally in gold prices did generate a new flu…
Sale of Nevada gold bet considered by United Mng
Strong gold mineralization has been encountered in a Carlin, Nev., property held by United Mining and Westmont Mining. According to United Mining President Timothy Collins, a number of intersections, …
Eskay Creek upstages Iskut River gold camp
The Iskut River gold camp in northwestern British Columbia was upstaged late in the 1989 exploration season by the Unuk River camp about 25 miles away where Calpine Resources (VSE) made a significant …
El Recio results encourage Greenstone
An underground exploration drift on Greenstone Resources’ (TSE) El Recio property in Costa Rica has yielded encouraging results in one of several veins being explored by the Toronto-based junior compa…
Stewart Lake seeks funding to develop graphite property
Development and mill construction of the Kirkham flake graphite project of Stewart Lake Resources (TSE) could be under way by mid-1990 and the mine in production by the end of that year. Annual output…
Louvicourt discovery fuels search for more sulphides in Val d’Or
The trouble with the Louvicourt Twp. exploration camp east of Val d’Or, Que., is that the emphasis has always been on gold, says prospector Jack Stoch. The Globex Mining (ME) president was referring t…
Quebec review
Flow-through funding may have dried up considerably, but exploration in Quebec was still at a very high level during 1989. Gold, base metals, nickel and even graphite have raised the interest of inves…
Decline in investor confidence
The decline in investor confidence, combined with a marked drop in gold prices, has taken the steam out of exploration and development activities in the Timmins camp — Canada’s most prolific mining c…
North American Gold
Major North American gold company Corona Corp. (TSE) is determined to retain its status as a low-cost producer, either through the discovery of new properties or the acquisition of other low-cost prod…
Hemlo starts drilling Pukaskwa property in Mishibishu area
Diamond drilling has started on the Pukaskwa River gold property under option to Hemlo Gold Mines (TSE) from Mishibishu Gold (VSE) in northern Ontario. The property is about 40 miles west of Wawa on t…