Neptune expands acreage around Colomac project
Busy Neptune Resources (TSE) is expanding its land position in the Indin Lake, N.W.T. area where it is spending $128 million to bring its Colomac gold project into production. The Toronto-based compan…
Articles by Northern Miner Staff
Noranda/Freewest start joint venture drilling
Noranda Inc. (TSE) has started drilling on a gold property held in joint venture with Freewest Resources (ME). The drill program will follow-up a strong intersection completed last year, which cut 57….
Gradore to reorganize
A cease trade order against Gradore Mines Ltd. (COATS), in effect since Feb 13, 1973, was rescinded recently by the Ontario Securities Commission, the company now being up to date with its filings. A …
Thunderwood, Falconbridge on target at Pelletier bet
Partners Falconbridge Ltd. (TSE) and International Thunderwood Explorations (TSE) had some good news to report after finishing a $3- million drill program at the Pelletier Lake gold property near Rouy…
PDAC convention set for March 5-8
Organizers of the 57th annual convention of the Prospectors and Developers Association of Canada (PDAC) are bracing themselves for another successful get-together this year. More than 4,000 delegates …
Coin Lake gold loan
A $17-million(US) gold loan has been arranged for the Golden Reward gold mine in South Dakota. Coin Lake Gold Mines (TSE), which holds a one-third interest in the project, says the mine is scheduled …
New Falconbridge Gold ready to `take a beating’
Falconbridge Ltd. (TSE) executives could have picked worse days in which to brief Toronto analysts on the potential of the company’s new gold producing subsidiary. After all, when Falconbridge and age…
Drilling continues at Joubi property
More encouraging results have been announced by Western Quebec Mines (ME), Messeguay Mines (ME) and Oasis Resources (ME) from their underground exploration program at the Joubi gold project at Val d’O…
FINANCING (January 23, 1989)
ONTARIO Espirt Res Ltd — 3,000,000 offered @ $1 per flowthrough sh & 3,750,000 offered @ 80 cents per unit to gross $2,737,500. VANCOUVER Pacific Rim Mng — gross proceeds rec $260,000. Silver Spur …
Vior/Mazarin funds
A public financing worth $2.5 million has been completed by Societe en commandite Vior- Mazarin, the money to go towards exploration work this month and during February on properties belonging to Vior…
Poor results delay production decision
An underground exploration program on the Maude Lake gold deposit has failed to provide the results needed to justify a production decision, partners Equinox Resources (TSE) and Technigen Corp. (VSE) …
Rio Plata drills Timmins property
Detailed magnetic work and a preliminary diamond drilling program have been completed by Rio Plata Resources (VSE) on its Hislop Twp., property near Timmins, Ont. Eight holes were drilled on the north…