DRX Inc. acquires McFinley interest
A new shareholder may soon be making its presence felt at Toronto- based McFinley Red Lake Mines. An agreement has been signed between drx Inc. of Denver, Colo., and Alexandra Mining Co. (Bermuda) whe…
Articles by Northern Miner Staff
Montreal listing for Armistice Res.
Toronto-based Armistice Resources was recently listed for trading (symbol aci) on the Montreal Exchange. Incorporated in Ontario in 1984, Armistice, which also trades on the Alberta Stock Exchange, wa…
Noranda, Central release results from 2 areas of Eagle River bet
Encouraging drilling results have been obtained by Noranda Exploration and Central Crude from two areas of the 290-claim Eagle River gold prospect located 30 miles from Wawa, Ont., in the Mishibishu L…
Getty directors agree to accept Total offer
The board of directors of Getty Resources has advised its shareholders to accept the revised offer proposed by Total Resources. Although still claiming that Getty’s underlying value exceeds the $11 of…
Frankfield to drill at Pickle Lake bet
Diamond drilling is expected to get under way this month on the recently acquired gold property of Frankfield Explorations in the Pickle Lake area of northwestern Ontario, President O. F. Carter tells…
Pacific and Canamax drill high grade holes at Ketza
Drilling by partners Canamax Resources and Pacific Trans-Ocean Resources on their equally held Ketza River property in the Yukon, has encountered high-grade mineralization from an oxidized unit in the…
Aster funding
A financial offering worth $2.3 million was recently completed by Aster Exploration of Montreal. The company reports it has started exploration work on its Portage-du-Fort dolomite property located 55…
Trade dispute averts penalties
The threat of heavy penalty duties being imposed by the United States on Canadian potash in yet another trade dispute between the two countries has been averted. Under a new agreement negotiated betwe…
COATS Trading Features (January 18, 1988)
Trading activity has improved on coats following the dismal performance recorded in November, 1987. During that month, the average daily value of shares traded fell to a record low of $1 million. Tota…
Murgold offering raises $690,000
Recently listed for trading on the Toronto Stock Exchange (symbol mgd), Murgold Resources reports it has completed an offering yielding the company $690,000. Murgold, which also trades on the Vancouve…
United Gunn anticipates Cuisson Lake dividends
High demand and low inventories have sent copper prices flying and it isn’t just the big producers who are benefiting. The ripples are spreading and one busy trader of late, United Gunn Resources, exp…
Gold’s constant purchasing power gives it special status worldwide
Just about a year ago an event of great significance in the world of gold took place: the United States Mint, for the first time in a generation, struck a legal tender gold coin — the new U.S. Eagle,…