Montreal Exchange Audrey uncovers lens
A new massive sulphide lens has been discovered by Audrey Resources some 800 ft southeast of its producing polymetallic Mobrun mine, the company reports. Audrey, which traded 50,400 shares and moved u…
Articles by Northern Miner Staff
Golden Zone deal
Golden Zone Developments (VSE) has acquired an option to earn a 46.65% interest in the Big Hurrah gold property near Nome, Alaska. The property hosts reserves of 380,000 tons grading 0.45 oz gold per …
Equinox on schedule with Maude Lake program
An underground exploration program on the Maude Lake gold deposit is progessing on schedule, operator Equinox Resources (TSE) says. The property, which is located near Matheson, Ont., is held under op…
Stratabound acquires two sulphide deposits
Calgary-based Stratabound Minerals (ASE) has acquired two massive sulphide deposits in the heart of the Bathurst-Newcastle mineral belt of northern New Brunswick, the company said recently. Known as t…
Cassiar committed to McDame asbestos mine
Asbestos producers have faced numerous difficulties over the years including Cassiar Mining (TSE) whose product quality is one of the highest in the world. In terms of usage its fibre is also among th…
Metal Prices FUTURES PRICES (April 11, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Apr 107.00 107.00 107.00 + 3.00 May 107.00…
Placer Dome and Fairfield conclude option agreement
After negotiating with several majors, Fairfield Minerals (VSE) has concluded an option agreement for its Oka and Elk properties with Placer Dome (TSE). Located in the Okanagan region near Peachland, …
Giant Bay begins drilling Bering Sea placer project
Another innovative mining practice has attracted the attention of Giant Bay Resources (TSE). One of the pioneers in bioleaching refractory gold ore, the company has turned its attention to exploring o…
COATS Trading Features (April 11, 1988)
Tarzan Gold continued to be a volume leader this week, trading more than 90,000 shares. The price, which is almost double the original issue price of 75 cents was $1.65. The company has a large portf…
Int. Coast Minerals drills B.C. gold bet
International Coast Minerals (VSE) has started a $340,000 drilling, trenching and sampling program on its Bear gold prospect in the Kennedy River area west of Port Alberni on Vancouver Island. The com…
Vancouver Stock Exchange Prime tight-lipped over NAM bid
It looks as if Murray Pezim’s Prime Capital will sit tight for a while to see where the cards fall in its takeover (via a private placement) attempt for North American Metals. (A gremlin crept into ou…
Atlantic Report Stratabound gets polymetallics
Stratabound Minerals of Calgary recently acquired two New Brunswick properties in the Bathurst camp containing substantial reserves of copper, cobalt, gold, silver, lead and zinc. The Captain and Tayl…