Articles by Northern Miner Staff

Inco reports Snow Lake reserves

A new reserve calculation has been completed by Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) for the former producing Snow Lake gold mine in Manitoba. Held under option from High River Gold …



Valley/McAdam Rights offering for McAdam Res.

Hoping to be able in the near future to make a production decision for its Spud Valley gold project on Vancouver Island, McAdam Resources (TSE) reports it has secured the necessary regulatory approval…



REDSTONE NICKEL

The first load of ore came up from underground just this spring. But already, the Redstone nickel operation near Timmins, Ont., has shipped a million lb of nickel in concentrate to the Sherritt Gordon…


Suggestion Box MORE ON GEOSTATS

About 80% of the exploration budget of mining companies is devoted to the search for gold deposits. Over a 10-year period, this exploration effort has resulted in the discovery of gold mines with a va…


Forbex hoping to raise funds

A preliminary prospectus has been filed by Ressources Minieres Forbex (ME) with the Quebec Securities Commission for an offering of common shares, flow-through shares and warrants worth up to $1.625 m…


Noranda’s Geco seeks prospecting rush

Noranda Inc. (TSE) could use a little help from junior exploration companies in finding a new base metal deposit in the Manitouwadge area, and new geophysical surveys could provide the incentive to at…


Golden Zone in deal with Placer Dome U.S.

Anchorage-based Golden Zone Resources (VSE) has signed a letter of intent granting a U.S. subsidiary of Placer Dome (TSE) an option to earn a 60% interest in its 100%- owned Golden zone property in Al…



MOBRUN

By 1992, the 1-million-tonne mineable reserve of copper, zinc, gold and silver in the Mobrun mine should be all mined out. Nevertheless, the amount of ore hoisted from the mine will not fall to zero a…


Lencourt reports progress in Zaire

Toronto-based Lencourt Ltd. (TSE) says progress is being made in its bid to gain control of the Sominki tin and gold mining properties in Zaire, Africa. Sominki owns and operates tin and gold mines in…


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