St. George farms out U.S. properties
Through its U.S. subsidiary, St. George Minerals (VSE) has signed two letter-of- intent agreements for the exploration and development of its mining claims in the Battle Mountain district of Nevada. T…
Articles by Northern Miner Staff
Gold funds as of June 6
MPV BGR Central Capital Net value 11.25 % $ 6.01% $0.57 Price $ 9.625% $ 5.38% $0.41 Discount $ 15.94% 10.6% 28% Value …
Letters to the Editor Only neophytes squak about the VSE
I am very dismayed at the amount of mud being slung at the Vancouver Stock Exchange, not only by Diane Francis and other erstwhile Canadians, but now also by Forbes and Barrons in the U.S. Let it neve…
Shaft sinking completed on Tundra project
Shaft sinking has been completed by partners Noranda Inc. (TSE), Hemlo Gold Mines (TSE) and Total Energold Corp. (TSE) on their Tundra gold project, 130 miles northeast of Yellowknife, N.W.T. Part of …
People (June 12, 1989)
NEWMONT MINING — Graham M. Clark, Jr. elected vice-president and general counsel.
Glimmer, Noranda deal
Glimmer Resources (VSE) has optioned a gold prospect to Noranda Exploration, the exploration arm of Noranda Inc. (TSE). The 13-claim property is in Hislop and Beatty twps., Ont. Glimmer has also signe…
Noble Peak cuts good hole at Mac
The first assay results from drilling on the Mac zone by Noble Peak Resources (ASE) have been received. The first hole intersected 13.7 ft grading 0.18 oz gold per ton whereas the second assayed 0.21 …
Montreal Exchange Mazarin leads way
It’s not gold, but the relatively rich graphite reserves Mazarin Inc. reports it has uncovered near the Quebec-Labrador border may make the Quebec junior a wealthy company. Mazarin traded more than 1….
Prime updates SNIP project
A number of capital projects were completed on the SNIP gold project 65 miles northwest of Stewart, B.C., in 1988-89 by operator Cominco Ltd. (TSE), shareholders of Prime Resources (VSE) were told rec…
Cominco starts 1989 drilling at Tulsequah Chief
After tripling the reserve potential last year, Cominco Ltd. (TSE) is about to start the first phase of the 1989 work program at the Tulsequah Chief base metal/precious metal project in northwestern B…
Canamax moves will save $2.5 million
Canamax Resources (TSE) expects to save $2.5 million a year by reducing its exploration staff, shutting down its Toronto offices and moving to Vancouver. And while President Wayne Lenton said speculat…
Black Hawk bids to become diversified metals company
After acquiring a 34% controlling interest in Black Hawk Mining, (TSE) banker DCC Equities Ltd. is breathing new life into the Toronto based company. Former Sherritt-Gordon Mines mine manager Garry Hu…