Articles by Northern Miner Staff



News in Brief (September 18, 1989)

Mt. Calvery Resources has changed its name to Triumph Resources Ltd. (TUM:VSE) on a 1-new-for-4-old share basis. Transfer agent is Central Guaranty Trust Co.


Granges set to close Tartan Lake

Closing the problem-plagued and unprofitable Tartan Lake gold mine in Manitoba is likely to be among the first of several initiatives undertaken by Colin Kaiser to place Granges Inc. (TSE) on the road…


Calpine drill results fail to meet high expectations

The euphoric frenzy of trading activity on The Vancouver Stock Exchange triggered by spectacular drill results from the Eskay Creek project has been tempered by the latest set of assay results release…


Montreal Exchange More legal action

Mixed results highlighted a holiday-shortened trading week, with the market portfolio gaining almost 9 pts and the mining and minerals index droppi ng almost 8 pts. Daily volumes were consistent, rang…



Pegasus options Comet gold mine

U.S. gold producer Pegasus Gold Corp. (TSE) has secured an option from High River Gold Mines (VSE) to acquire that company’s interest in the Comet mine proper ty in Jefferson Cty., Mont. The project …


Corona finds new zone at Varna Gold project

Drilling on Ming’s Bight property of Varna Gold (ASE) in Newfoundland continues to yield some interesting results. Exploration there is being financed by Toronto-based Corona Corp. (TSE), which can e…


Northgate emerges with 50% stake in Neptune gold bet

Toronto-based Northgate Exploration (TSE) has emerged with a bigger stake in Neptune Resources’ (TSE) Colomac gold project after exercising its opti on to acqu ire a 30% interest in the project for $2…


Mining Corp. closing doors

Citing a lack of opportunities in the mining construction business, Mining Corp. of Canada says it will wind up its business activities by the end of 1989. The wholly-owned subsidiary of Noranda Mine…


Selbaie zinc-copper

A 35% interest in the Selbaie zinc-copper mine in Quebec has been purchased by Billiton Metals Canada for an undisclosed sum. The interest was sold by Esso Re sources Canada as part of an effort to …


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