HSK agreement
Toronto-based HSK Minerals (TSE) has entered an agreement with CMP 1988 Resource Partnership and Co. Ltd. (CMP), in which CMP will subscribe for shares of HSK on a flow-through basis for a considerati…
Articles by Northern Miner Staff
Lencourt to merge with Quill Res.
Lencourt Ltd. (TSE) has agreed to amalgamate with a Toronto- based private exploration company called Quill Resources. According to Lencourt, a letter of intent has been signed in which the company ha…
PDAC planning seminars on mine finding, financing
Need to know more about the finding, development and financing of mines in Canada? The Prospectors and Developers Association of Canada is aiming to fill the gaps in knowledge on these subjects, throu…
Toronto Stock Exchange Volume wilts as summer doldrums take hold
Rising interest rates have put a lid on the summer rally — at least for the time being. Combined with summer holidays and investor concerns over inflation and the economy in general, our review week …
Energex program in Toodoggone expected to cost $1.5 million
Mobilization for a $1.5-million exploration program on Energex Minerals’ (VSE) Al project in the Toodoggone area north of Smithers, B.C., is under way. The program is designed to increase reserves of …
Jerome, Muscocho inching towards Swayze mine goal
Jerome Gold Mines (ASE) has arranged for a private placement through First Toronto Capital Corp., to fulfill its obligations at the Jerome mine joint venture at Swayze, Ont. Under an agreement with pa…
Vancouver Stock Exchange McNellen reacts to reserve news
News that drilling has quadrupled reserves at the Magino gold mine, sent McNellen Resources back to the $4 mark. Although little information has been released about the nature of the deep drill result…
Mark V finds high grade gold in Bagdad mine’s South vein
With underground exploration still in progress at Mark V Petroleums and Mines (VSE) Bagdad gold mine near Philipsburg, Mont., the company says it is still encountering high grade mineralization on the…
Trail smelter problem
A problem at one of Cominco Ltd.’s zinc roasters at Trail, B.C., has resulted in a mechanical breakdown. The failure will put the roaster out of service for about a week, resulting in the loss of 2,00…
Obituary Percy Claire Finlay
Percy Claire Finlay, best known for his association with Hollinger Consolidated Gold Mines for more than half a century, died at Toronto General Hospital on June 29. He was 89. Finlay was active in th…
Editorial Percy Finlay – a special breed
The mining industry has certainly lost a friend and one of its most respected spokesmen with the passing of “Percy” Finlay. We here at The Miner knew him well over the years, not so much as a top la…
St Andrew on schedule for production at Stock Twp.
Toronto-based St Andrew Goldfield (TSE) is on schedule for a September, 1989 start-up date at the Stock Twp. gold property, near Timmins, Ont., shareholders were told at the annual meeting. With finan…