Articles by Northern Miner Staff

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,…



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…



Bema officially opens first gold mine

ARCO, Idaho — The official opening of the Champagne mine 20 miles west of this town was celebrated in a fashion that would have amused the prospe ctor who mad e a discovery on the property over a cen…


Dynatec closes stage 1 of Northfield placement

Northfield Minerals (ASE) and Dynatec International have completed the first part of an agreement which should see Dynatec acquiring 5.3 million sha res of Nor thfield at 45 cents per share. Dynatec …


Perrex gets financing

Perrex Resources (ASE) has signed a letter of intent with NIM and Co, a flow-through fund, for a $500,000 private placement of Perrex shares. T he money will b e used to fund exploration on Perrex’s I…


Aur begins to get handle on Louvem sulphides bet

The latest drill holes to be released from the Louvicourt Twp. massive sulphide discovery east of Val d’Or, Que., indicate that the deposit is opening down pl unge and in an easterly direction. That i…



RTZ and BP terminate Olympic Dam agreement

London-based RTZ Corp. and British Petroleum have agreed to terminate agreements relating to the proposed assignment to RTZ of BP’s 49% inter est in the Olympi c Dam copper/uranium mine in South Austr…


Camreco needs $4.5 million for Goldlund

Initial results of a final feasibility study indicate that at least $4.5 million would be required to re-open the former Goldlund mine owned by Camreco Inc. ( TSE) in northwestern Ontario. The past-pr…


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