B.C. funds prospectors
Recognizing the importance of prospectors in mineral development, the British Columbia government has announced a $500,000 prospector assistance and training program. The maximum grant has also been b…
Articles by Northern Miner Staff
Editorial A new mine can mean big changes
From the financial centres of the country it’s easy to see the mining industry as little more than a stock market play. From the hinterland comes news of drill results and that news is all that matter…
Nevada Goldfields program yields impressive results
Some encouraging exploration results have been reported from Nevada Goldfields’ (TSE) Aurora mine property in Western Nevada. Additional open pit reserves, some of relatively high grade, have been del…
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…
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 …