Sept 20, 1989 (September 25, 1989)
Ontario’s Ministry of Northern Development and Mines has approved 101 grants totalling $6.27 million for programs completed under the Ontario Minera l Explorat ion Program (OMEP) between April and Jun…
Articles by Northern Miner Staff
Troymin at Hanson Lake
Troymin Resources (ASE) and Granges Inc. (TSE) are considering exploration plans for their 11,000- acre property near Hanson Lake, Sask. The prope rty hosts tw o small sulphide lenses known as the Bal…
Eastmain Sept 15
The depressed environment for raising exploration funds for junior companies is being blamed by Eastmain Resources (TSE) for its inability to contri bute to th e 1989 exploration program conducted by …
LAC to earn 50% of DRX gold bet
New York-based DRX Inc. is teaming up with Toronto gold producer LAC Minerals (TSE) to explore DRX’s Midas property on the Carlin Trend in Nevada. The 283-claim property lies in the northwestern end o…
NOTE: add to end of Crown Butte story:
Crown Butte recently said that it had elected not to proceed with the previously announced public financing. Instead it arranged a private placement in the am ount of $2,150,000 consisting of special …
Tundra in Kirkland
Tundra Gold Mines (VSE) is conducting exploration programs on its Kirkland Lake area properties in Ontario. On the Shamrock property, two miles no rth of the K irkland Lake main break, an important go…
PRODUCER PRICES Metal Prices (September 25, 1989)
ALUMINUM: MW U.S. Market US78.25 cents – 80.25 cents per lb. (Sept 14, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.75-$4.85(US) per lb. …
NovaGold stakes claims
NovaGold Resources (TSE) has staked 16 claims near Benjamin River and optioned 12 claims near Nash Creek. Both properties are about 60 km northwest of Bathurs t, N.B. On the Benjamin River property,…
Cambior eyeing new prospects, possible base metal plays
The gold mines of Cambior Inc. (TSE) are concentrated in Quebec’s north0000,0060 west, but future production may soon include ou tput from op erations throughout North America and even South America. …
Bitech set to drill Betts Cove property
A 5,000-ft diamond drilling program is scheduled to get under way this month on Bitech Corp.’s (ASE) Betts Cove property on the Baie Verte Peninsula in Newfou ndland. Situated about two miles southwe…
Set for one col box
Corona Corp. (TSE) has dropped its option on Claude Resources’ (TSE) Sturgeon Lake diamond property near Prince Albert, Sask. The termination of the option ag reement, which Claude says was unexpected…
Quebec prospectors caught up in provincial election action
Politics caught up with the Quebec Prospectors Association (QPA) at the mining group’s 15th annual convention. With Quebec voters going to the polls Sept 25, QPA directors invited representatives from…