Northgate bails out Neptune
Truckers were preparing to haul mining equipment once again to Neptune Resources’ (TSE) Colomac gold property following news that Northgate Exploration (TSE) has agreed to provide a $40-million bridge…
Articles by Northern Miner Staff
Metal Prices (March 13, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Mar 7 Mar 6 Mar 3 Mar 2 Mar 1 Copper 1…
Ego has Asquith Twp. drill results
Additional results have been reported by Ego Resources (TSE) and Asquith Resources (COATS) from recent drilling on their Asquith Twp., property in the Shining Tree area of northern Ontario. Highlights…
Gold funds as of March 7
BGR Goldcorp Central MVP Capital Net value $11.99 8.83 6.44 0.80 Price $9.75 5.875 5.62 0.62 Discount $ 18.68% 33.5% 12.7% 22….
Gold Bar exploring Ontario properties
COATS-listed Gold Bar Resources has entered into a joint venture agreement with Timmins Nickel Inc., a Toronto-based company, to explore a copper/nickel property owned by Gold Bar. The property is loc…
Photo by George Onuska (March 13, 1989)
Maurice Brown, right, publisher emeritus of The Northern Miner, was presented with a distinguished service award by the Prospectors and Developers Association of Canada at the association’s annual ban…
Ego has Asquith Twp drill results
Additional results have been reported by Ego Resources (TSE) and Asquith Resources (COATS) from recent drilling on their Asquith Twp. property in the Shining Tree area of northern Ontario. Highlights …
Hemlo, Central results
Another 10 deep drill holes have been completed on the Eagle River gold property owned by partners Central Crude Ltd (VSE) and Hemlo Gold Mines (TSE). Located in the Mishibishu Lake area, 30 miles wes…
Goldpost Resources intersects gold
The first hole of a 4-hole drill program on the West Zone of the Hislop East property east of Timmins, Ont., has intersected 0.43 oz of gold per ton across 42.2 ft from a depth of 753 ft, says Goldpos…
Cominco/Redfern reserves
Inferred reserves at the Tulsequah Chief project in northwestern British Columbia have been calculated at 1,602,000 tons of 2.39% copper, 1.09% lead, 5.45% zinc, 0.078 oz gold and 2.58 oz silver by Co…
News in Brief (March 13, 1989)
Richmark Resources has chnaged its transfer agent to pacific Corporate Services.
Corona takes write-down on Nickel Plate project
Consolidated earnings of $26.5 million (16 cents per share), before unusual and extraordinary items, on operating revenues of $187.5 million were reported by Corona Corp. (TSE) for the 15-month period…