Fancamp joint ventures two Quebec properties
Vancouver-based Fancamp Resources (VSE) recently signed a joint venture agreement on the company’s 29-claim Lemoine Twp. property in Quebec with Westminer (Canada) Ltd. Westminer may earn up to a 50% …
Articles by Northern Miner Staff
Golden Star optimistic as Placer tables Omai results
The occupants of Golden Star Resources’ (ASE) executive suite are starting to feel a twinge of excitement over events at the Omai joint venture gold project in Guyana. While the completion date for a …
Nickel market maintaining its momentum
While no one can guess how long the bull market for nickel will last, it seems a safe bet the price of the base metal will hold up a while longer. More than a few analysts see demand for the metal, wh…
Val d’Or, Abcourt deal
An agreement between Val d’Or Resources (ME) and Abcourt Mines (ME) concerning the Vendome zinc-gold deposit has been renegotiated. Located near Val d’Or, Que., the Vendome deposit hosts reserves of 3…
Greater Lenora, RJK busy in Saskatchewan
Joint venture partners Greater Lenora Resources (TSE) and RJK Mineral Corp. (ASE) say they are studying the possibility of selective mining of high grade gold zones at their Beaverlodge property in n…
Armistice drilling Sheldon, Kerr zones
A 35,000-ft underground exploration drilling program to expand the Sheldon zone and test the Kerr zone has been started by Armistice Resources (ME) at the company’s Virginiatown gold property in north…
Metal Prices PRODUCER PRICES (April 03, 1989)
ALUMINUM: MW U.S. Market US90-94 cents per lb. (Mar 22, 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). CADMIUM…
Stratabound property yields metal results
With three mills in the immediate vicinity and a winter drilling program now complete, Stratabound Minerals’ (ASE) CNE massive sulphide property near Bathurst, N.B., is beginning to look promising. St…
Vancouver Stock Exchange Guinness rises
High interest rates and fears of a recession continued to keep the investors at bay and put the damper on recent trading activity here. A strong U.S. dollar, weak gold prices, and Easter week compound…
Tri-Valley earnings rebound
Rebounding from heavy write- downs in fiscal 1987, Tri-Valley Corp. (OTC) reported a net profit for its 1988 fiscal year ended July 31 of $47,038(US) or 1 cents a share on revenues of $663,667. In it…
People (April 03, 1989)
PIERCE MOUNTAIN RESOURCES — G. Krueckl has resigned from the board of directors.
More enouraging results released from Trader bet
Further results have been released from the Ronnoco Gold Mines (COATS) property near Timmins, Ont., where Trader Resources (TSE) is spending $400,000 to drill a mineralized porphyry structure. Toronto…