Deep hole ups potential of Redstone nickel mine
The Redstone nickel mine southeast of this city, once believed to be a small, finite orebody now has the potential for mushrooming into something significantly larger. A deep drill hole completed by o…
Articles by Northern Miner Staff
Metall offering filed but size not available
Toronto-based Metall Mining (TSE) recently filed a preliminary prospectus for a public offering of subordinated convertible debentures. Metall said the debentures will be convertible into common share…
Giant Yellowknife has plans for Akaitcho
An agreement to provide for the exploration and possible development of the Akaitcho mine property at Yellowknife, N.W.T., has been entered into by Giant Yellowknife Mines (TSE) and Supercrest Mines. …
Four rigs drilling at Mt. Milligan
With four drill rigs still working to expand reserves, Continental Gold Corp. (VSE) has released additional assays for its 70%-owned Mt. Milligan gold-copper project near Prince George, B.C. BP Resour…
`Dirt-pile’ swindles under investigation
The U.S. Bureau of Mines is a well-known prospector of that nation’s mineral supplies. But recently, the bureau has been involved in protecting the American public from what has been dubbed the “Fool’…
Juniors shift attention to base metals as prices for precious
On the edge of the world’s largest anorthosite intrusion, 25 miles north of Lac St. Jean, Que., the rumble of diamond drill rigs echoes across the rolling terrain. Drill results from this summer’s wor…
Glencairn Explorations issues rights offering
A rights offering will be offered to shareholders of Glencairn Explorations (ASE) of Toronto. Under the terms of the offering shareholders may subscribe to one common share for each four common shares…
Editorial Hopes for China betray opur naivete
It is an appalling sight to see a state turn its guns on its children. When that same regime then embarks on a public manhunt to track down those children, the student dissidents who naively occupied …
OSC to consider Comaplex issue at June hearing
The Ontario Securities Commission has scheduled a hearing for June 23, to consider whether shares of Comaplex Resources not held by a Swiss bank and two Liberian investment firms should be allowed to …
Metal Prices (June 19, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date June 13 June 12 June 9 June 8 June 7 Copper 1677-1…
Davidson boosts land holdings in Timmins area
Toronto-based Davidson Tisdale Mines (TSE) has expanded its land holdings in the Timmins area of northern Ontario. President K. R. Kent told shareholders at the recent annual meeting the company had s…
Aur discovery is unrelated to former Louvem zinc mine
The old Louvicourt Twp. copper- zinc mine where Aur Resources (TSE) and Louvem Mines (TSE) have discovered an interesting new massive sulphide deposit, is one of four ex-base metal producers in the Va…