Dejour cuts wide section at Turquetil
Drill results from Dejour Mines’ (TSE) Turquetil property 225 km southwest of Rankin Inlet in the Northwest Territories have shown good gold grades over significant widths. “It’s a big alteration zone…
Articles by Northern Miner Staff
Metal Prices FREE MARKET (July 11, 1988)
London Metal Exchange Spot closing prices in Pound Sterling per tonne Date July 5 July 4 July 1 June 30 June 29 Copper 1370-1375 1395-1410 1345-1350 1377-1380…
Decline is being considered at Garrison Creek’s Michaud
Toronto-based Garrison Creek Consolidated (TSE) has released more encouraging drill results from its 40%-owned Michaud Twp. property 65 miles east of Timmins, Ont. The latest results were obtained fro…
Denn’or announces 2nd drilling results
A second drilling campaign has been completed by Denn’or Exploration (ME) at its 21-claim East Sullivan gold property in Quebec’s Bourlamaque Twp., near Val d’Or. Total reserves (probable and possible…
The new Corona
The new Corona Corp. (TSE), an amalgamation of five Royex group companies, officially came into existence July 1. Shareholders voted their approval June 3 of the amalagamation of Royex Gold Mining, In…
Ontario to limit applications for IMEP funding
Ontario plans to limit applications to its Ontario Mineral Exploration Program (OMEP), in the wake of the federal government’s new Canadian Exploration Incentives Program (CEIP). The province’s minist…
Editorial A good basis for investment
Remember Erik Nielsen? His was a long career as the Progressive Conservative member for the Yukon, but perhaps his greatest legacy was an ambitious review of all federal funding programs, even though …
Alberta Stock Exchange Suffolk bucks trend
With the price of gold hovering in the $438(US) range, Alberta investors opted to take a post-Canada Day vacation from the business of dabbling in resource stocks. As a result, volumes lagged and a nu…
Montreal Exchange Market moves ahead
A second consecutive holiday- shortened trading week seems to have been to the liking of investors on the ME, where the market portfolio and mining and minerals index recorded gains of about 18 pts an…
Aster merger
Shareholders of Aster Exploration (ME) and Eastmin Explorations have approved a merger of the two companies. Name of the new corporation is Aster Exploration. The share exchange ratio will be two East…
D’Or Val/Perron amalgamation gets board approval
The boards of directors of two Hughes-Lang firms, D’Or Val Mines (TSE) and Perron Gold Mines (ME), have approved a plan of amalgamation for the companies. Name of the new corporate entity has not been…
Borealis ends fiscal year with $16 million in bank
Still without an ounce of mineral production to its credit, Arctic explorer Borealis Explorations completed its financial year with over $16 million in cash and securities. Deferred exploratory and de…