Book review Mineralization and Shear Zones
Mineralization and Shear Zones edited by J. T. Bursnall and published by the Geological Association of Canada. 300 pages, ISBN 0-919216-0. Order from GAC Publications, Department of Earth Sciences, Me…
Articles by Northern Miner Staff
COATS (over-the-counter Atlantic leads
Trading nearly 100,000 shares, Atlantic Goldfields led a sluggish COATS exchange this week. Atlantic’s high of 85 cents was up 11 cents from its high the week before. Atlantic has $14 million in the…
Gold funds as of July 4
MPV BGR Central Capital Net value $11.75 $ 6.14 $0.57 Price $ 9.625 $ 5.38 $0.40 Discount $18.09% 12.5% 29.8% Value 69,984,711 $103,402,155 …
Euro-Nevada to buy Doyon mine royalty
About 60% of the shareholders of Odyno Miniere Inc. (COATS) have agreed to vote their shares in favor of an amalgamation with a subsidiary of Toronto-based Euro- Nevada Mining (TSE). Odyno Miniere is …
Midrim participating in Montana drilling
Helping to finance a drill program on a 121-claim group north of Pipestone Hot Springs, Mont., is Midrim Mining (COATS), which may earn up to a 35% interest in the property. Balance of the property wi…
Soil replacement for Murdochville
The Mines Gaspe division of Noranda Minerals has some “beautification” plans for its home base of Murdochville, Que. The company, over a 5-year period, hopes to restore residential land by correcting,…
Vista looks at non-mining deals
Vista Mines (TSE) plans to diversify out of the mining business. Following a change in management earlier this year, Vista is negotiating to acquire a company in another business area. In the mining a…
Tarzan reports Joburke results
A drill program comprising 3,900 ft in six holes has been completed on the Joburke Mine property by joint venture partners Tarzan Gold (ASE) and Noranda Exploration. The property is located in Keith T…
Harapiak resigns Belmoral position
The chairman of Belmoral Mines (TSE), Kenneth Dalton, has taken over the presidency of the gold producer following the resignation of Steven Harapiak. A press release from the company states Harapiak …
Campbell selling phosphate property
Toronto-based Campbell Resources (TSE) says it has sold its 50% interest in the Martinson/ Cargill phosphate properties in northern Ontario to concentrate on its Chibougamau, Que., gold mines. Newphos…
Toronto Stock Exchange Firming bullion provides boost to gold index
Strengthening gold prices gave a much-needed boost to the wilting gold and silver index which advanced by 165.63 pts or 2.86% today to close at 5959.94 pts. Overall market performance was mixed with a…
Owenbrook to drill
Owenbrook Resources (COATS) plans to complete about 1,500 ft of diamond drilling this year on its Hawkins Twp., Ont., gold property. Other than this planned work, the company has generally been inacti…