McChip to drill Timmins gold bet
Additional diamond drilling is planned this year on a Timmins area gold property under option to McChip Resources (TSE) from Noranda Exploration. Under the terms of an option agreement, McChip has the…
Articles by Northern Miner Staff
Minority shareholders delay Falconbridge’s Raglan deal (June 19, 1989)
A small group of New Quebec Raglan Mines (TSE) shareholders is still holding out for a higher price on shares that Falconbridge Ltd. (TSE) is attempting to buy. While the Toronto-based nickel giant wo…
St. Genevieve buying Pamorex interest in bet
A letter of agreement has been signed between St. Genevieve Resources (TSE) and Pamorex Minerals (TSE) whereby St. Genevieve will acquire the 50% interest of the latter in the Granada property in Rouy…
IOCC GOLD OPTIONS (June 19, 1989)
Options Open Series Volume Last Interest Aug 370 C . 158 7.00 552 Aug 380 C . 999 4.00 1,792 Aug 390 C . 261 2.50 1,690 Aug 400 C . 167 1.50 2,570 Aug 420 C . 187 1.00 1,49…
The highs and lows of bringing on new gold mines (June 19, 1989)
I would like to share some of the lessons that I have learned in bringing on three new gold mines. Many of the observations that I am going to make may be pretty obvious to some of you. However since …
Downturn offers Equinox opportunity
While many of its competitors are bemoaning current market conditions and metal prices, Equinox Resources (TSE) views the downturn in the context of a previously successful investment strategy. Under …
Southern Era Options Costa Roca gold mine
SouthernEra Resources (TSE) has acquired an option to earn a 50% interest in the Macacona gold mine in Costa Rica. Owned by Equinox Resources (TSE), the mine is a small heap leach operation having pr…
Editorial Universality will break the country
If the Canadian government is ever going to gets its deficit whittled down, it is going to have to take more drastic action on spending cuts than it has. There’s no way any impact can be made by makin…
Guinness, Power release results
Partial assay results were released recently from the Guinness Gold (ASE), Power Exploration (TSE) joint venture project at Randall Lake in northwestern Ontario. Under an agreement, Guinness is entitl…
Obituary (June 19, 1989)
Daniel Audet, a well-known and respected prospector, died recently after a lengthy illness. Born in 1908, Audet prospected throughout Canada, particularly in Ontario and Quebec. In 1985 he was named “…
Others emulate mining’s vitality
From a speech by Jake Epp, minister of Energy Mines and Resources Canada, to the Mining Association of Canada I am well aware of the enormous contribution of the mining industry to the Canadian econom…
Amalgamation creates Cons. Abitibi Res.
Shareholders of three related companies in northwestern Quebec have approved the amalgamation of the companies into one, the new corporation to be known as Consolidated Abitibi Resources. Approval for…