Articles by Northern Miner Staff



Northgate increases Geddes shareholding

Northgate Exploration (TSE) of Toronto recently purchased by way of private placement an additional 850,000 flow-through common shares of Geddes Resources (TSE) at $1.50 each. With 4,854,325 Geddes sh…


News in Brief (April 10, 1989)

Melrose Resources (VSE) has signed a letter of intent to purchase 20 claims in the Lac St. Jean area of Quebec. Terms of the agreement require Melrose to make payments totalling $10,000 and issue 100,…


Bresea issues shares to ease debt problems

Calgary-based Bresea Resources (ASE) has managed to ease itself out of financial difficulty by issuing shares for debt. According to Bresea, a debt load of $100,000 will be paid off when it issues 205…



Maufort on own at Siscoe project

Sole ownership of the Siscoe project near Val d’Or, Que., remains with Maufort Resources (ME), the company says. Maufort says Cambior Inc. (TSE) has withdrawn from the operation of the project and, ac…


Mono Gold completes drilling program

Vancouver-based Mono Gold Mines (VSE) says that a recently completed surface drill program on its Bannockburn project near Madoc, Ont., indicates that more underground exploration is required. Mono Go…



Chesbar, Murgold into test milling

Test milling of material from the Chester Twp. gold property of Chesbar Resources (TSE) and Murgold Resources (TSE) near Gogama, Ont., is under way. The companies — Chesbar has a 60% interest and Mur…


Dofasco closes deal

Dofasco Inc. (TSE) has completed the purchase of a 25% share interest in Quebec Cartier Mining Co. Quebec Cartier operates iron ore mines and processing facilities in Quebec. Dofasco has also entered …


PRODUCER PRICES (April 10, 1989)

ALUMINUM: MW U.S. Market US93.50- 96.50 cents per lb. (Mar 30, 1989). ANTIMONY: New York dealer $1.00- $1.03(US) per lb. (Jan 19, 1989). BISMUTH: New York dealer $6.65-$6.75(US) per lb (Mar 9, 1989). …


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