Silbak, Pioneer merger
The effective date for the amalgamation of Silbak Premier Mines (VSE) and Pioneer Metals Corp. (TSE) was set for May 11, with the amalgamated company trading as Pioneer Metals Corp. on both the Vancou…
Articles by Northern Miner Staff
Lyon Lake assets
Assets of Lyon Lake Mines (ME) stood at $2.5 million at the end of 1987, with liquid assets totalling $700,000, the company reports. During 1987, the company completed two public financings worth a co…
INSIDER TRADES (May 30, 1988)
Amer Barrick — A. Hill sold 1,400 to hold 5,800. Battle Mountain — R. Howe sold 15,879 class A shares to hold 11,135. Canamax — Amax Gold (Can) bought 15,400 to hold 6,980,657. Carolin — J. Berns …
Minnova hits gold values in northwest Ont. project
A first-phase exploration program has been conducted by Minnova Inc. (TSE) on three properties held under various option agreements with Celebrity Energy (VSE). Seven holes were recently completed on …
News in Brief (May 30, 1988)
Lenora Explorations (TSE) has entered into an agreement with CMP 1988 II Resource Partnership and Co. Ltd. to spend $500,000 in Canadian exploration expenses prior to Feb 28, 1989. In this regard, 576…
Golden Knight deal with Plexus Res.
Golden Knight Resources (TSE) has taken down a $3-million private placement in Plexus Resources (TSE). The deal makes Golden Knight, controlled by Teck Corp (TSE), the largest single shareholder with …
Ex-Placer executives form new exploration company
A group of ex-Placer Development (now Placer Dome) executives have formed a new exploration and development company called Pan Orvana Resources. It hopes to raise from $4.5 to $11 million in an upcomi…
Antelope drilling Rossland project
A 15,000-ft drill program is under way on the Rossland, B.C., gold property held by partners Antelope Resources and Bryndon Ventures. Located near the former producing Le Roi mine, the Antelope proper…
Carlin royalty up for sale but price tag limits buyers
One of the most valuable assets in the Nevada gold belt is up for sale. Located on the Carlin gold trend near Elko, Nev., and associated with about 15 million oz of untapped gold reserves, it will l…
Aster investigates two gold showings
During recent exploration work, Aster Exploration (ME) discovered two encouraging gold indications on its Langloiserie property located southwest of Chibougamau, Que. The first was uncovered at a dept…
World Trade Center site of Gold Show
Organizers of the precious metals investment conference, The Gold Show, have announced that a second Gold Show will be held in New York City at the World Trade Center June 13-26. The show will be the …
Bike, boat, run at Timmins event
The Great Porcupine Gold Rush Triathlon — a bicycling, canoeing, and running event over the actual route of Ontario’s Porcupine Trail from Kelso to the Porcupine camp — will be held Sunday, July 31,…