Articles by Northern Miner Staff

NXL plans major program for Sandy K

A drill program on the silver property controlled by Sandy K Mines, a private company, will focus on drilling off three silver-bearing veins. Situated near Gowganda, Ont., the Sandy K property is bein…


Platinova, Rayrock placement

A private placement has been completed by Platinova Resources (TSE) with Rayrock Yellowknife Resources (TSE). Rayrock purchased one million Platinova shares for 50 cents per share. Rayrock has also r…


Earnings Reports (March 06, 1989)

Cambior Inc. (TSE) reports fourth quarter net earnings of $4.97 million or 21 cents per share on revenue of $28.21 million. For the same period a year earlier the company reported net earnings of $8….


Earnings Report (March 06, 1989)

American Barrick Resources (TSE) of Toronto reports fourth quarter 1988 net income of $14.3 million, or 24 cents per share compared with net income of $9.1 million, or 16 cents per share in 1987. Re…


Tarzan Gold finds two shoots on Joburke

Drilling by Tarzan Gold (ASE) on the Joburke gold property near Timmins, Ont., has identified two shoots within the 6-7 vein and the North zone vein systems. The property is held under option from Nor…


Glimmer hopes for success on Hislop and Barnet bets

Like many junior explorers, Toronto-based Glimmer Resources (TSE) is attempting to survive in the current market climate by vending out the properties in its portfolio to larger companies. “We look fo…



High-priced nickel market tight as ever

World prices for nickel rage on as the base metal continues to bring a smile to producers and investors alike. Low inventories and strong demand, especially from the stainless steel sector, have combi…



Goldpost cuts 0.43 oz over 42 ft at Hislop

Goldpost Resources (TSE) says the first hole of a four hole drill program on the west zone of the Hislop East property east of Timmins, Ont., has intersected 0.43 oz gold per ton across 42.2 ft from a…


Letters to the Editor (March 06, 1989)

Your recent review of the re- opening of the Bunker Hill mine (N.M., Feb 27/89) implies that we are operating with only one year of proven reserves. I believe that your estimate of our proven reserve …



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