Spirit Lake issue
A private placement has been arranged by Spirit Lake Explorations with three financial institutions in France. The deal will see Spirit issue common shares at a price of $3.70 per share for total proc…
Articles by Northern Miner Staff
Gold assays prove marginal at Geddes’ Windy Craggy bet
If the Windy Craggy deposit operated by Geddes Resources (TSE) contains a sizeable gold deposit, judging by the first results from northwestern B.C., the Toronto-based company has yet to find it. Afte…
Letters to the Editor Equal partners
Your recent article (N.M., May 9/88) highlighted the progress made in the development of the Ketza River mining project jointly owned and operated by Pacific Trans- Ocean and Canamax Resources. As a r…
Alberta Stock Exchange Mohave buys producer
For the third week in succession, Mohave Gold was one of the big traders following news that the Calgary company will buy a Nevada- based gold-silver producer called Canyon Development Mining Inc. Tra…
Placer bulk test planned by Macamic
A bulk sampling test on a section of the Chaussegros zone of the Gilbert River gold placer project in the Beauce region of Quebec will be undertaken by Macamic Resources (ME). The company says reverse…
Galactic earmarks $4 million for yukon property in 1988
Another $4.25 million will be spent this year at Galactic Resources’ (TSE) Wellgreen property in the Yukon. The work program will also include metallurgical and environmental studies “with the goal of…
Require more registrants, conference organizers say
Canadian organizers of an international conference on hoisting, to be held in Toronto next month, are disappointed by the number of advance bookings they have received from mining companies in Canada….
Discovery could boost Newfoundland Zinc
What appears to be an important new zinc discovery has been made by Teck Corp. (TSE) at its Newfoundland Zinc mine near Daniel’s Harbour. The mine is owned 63.4% by Teck and 36.6% by a unit of Amax In…
N. Am. Rare Metals issues flow-throughs
North American Rare Metals ME) reports it will be receiving $650,000 from MVP Exploration (1988) and Co. Ltd. Partnership for the issuance to MVP of 755,814 flow-through shares, pursuant to an explora…
Bagdad permits still elude Mark V
Development work continues at the Bagdad gold mine in Granite Cty., Mont., where Mark V Petroleums and Mines (VSE) is planning to start a small 200-ton-per-day operation, June 30. While the Vancouver …
Campbell cutting costs Henderson may close, Joe Mann shaping up
The Henderson II mine owned by Campbell Resources (TSE) is living on borrowed time and could be shut down if a $500,000 exploration program fails to increase the operations gold reserves. Proven reser…
Obituary Frederick G. Cooke
Frederick G. Cooke, a well known consulting mining engineer, died recently in West Vancouver. He started his career with Falconbridge Nickel in 1939 and later served overseas with the RCAF where he ac…