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 …
Articles by Northern Miner Staff
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…
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…