David Bell grades remarkably high
Mill head grades at the David Bell mine, owned 50/50 by Teck Corp. (TSE) and Corona Corp. (TSE), have been nudging a remarkable one ounce of gold per ton of ore for the past two months. Gil Leathley…
Articles by Northern Miner Staff
Elders sells Trader stake as board is voted back in
A lengthy legal battle involving management of Trader Resources (TSE) and the company’s biggest shareholder, Elders Resources, appeared to have ended recently when Elders sold its 34% stake in the Tor…
Drilling planned for Talbot Lake
Surface stripping and a sampling program at the Talbot Lake gold property in northwestern Ontario have been completed, Golden Crescent Resources (AS E) reports. Owner and operator of the project is Pl…
Jonpol on track in Garrison Twp
An exploration shaft on Jonpol Explorations’ (TSE) and T & H Resources (TSE) joint venture property in Garrison Twp. in northern Ontario has reached a depth o f 66 ft, President John Pollock told sha…
Canada’s ‘unforgiving’ arctic poses
“Mining in the Arctic presents many tough challenges. The environment is harsh and unforgiving, but mining people are a tenacious group and will succeed des pite these obstacles,” say M. 0000,0600 R…
Shown Butte plans public financing
A $2.25-million public financing is being planned by Crown Butte Resources (VSE) to fund work on the company’s recently-acquired Black Hills proje ct in South Dakota. The planned financing will compri…
Amax Gold to explore Villeneuve prospect
Vancouver-based Villeneuve Resources (VSE) has leased its 117- claim group in central Nevada to Amax Gold (TSE). The property lies immediately north of Amax’s low- cost Sleeper gold mine. The agreemen…
McNickel cuts low grade nickel
A series of assays from a drill program being completed by McNickel Inc (coats) has yielded lower than expected values in nickel and copper. Investors in the issue scurried to sell which resulted in M…
Bond Gold, Native deal enters second year
An agreement between Bond Gold and the Windigo Tribal Council concerning the Golden Patricia mine has entered its second year. As part of the deal the council will receive a $100,000 provincial grant….
Metals Page: Factors affecting the prices of metals
From time to time in the mining- refining business, I hear statements such as “the metal price ought to go up because my production costs have risen” or “I ne ed a better metal price.” These statement…
Wilanour work on schedule
A major underground and surface exploration program on the former-producing Co chenour Willans gold mine near Red Lake, Ont., is expected to be completed by Oc tober, partners Inco Gold, Wilanour Reso…
Asarco sells interest in asbestos partnership
A Canadian investor group has purchased the 33.33% interest held by Asarco Inc.’s (NYSE) LAQ affiliate in the LAB asbestos partner ship which operates the wor ld’s largest asbestos mine in Quebec. Th…