Articles by Northern Miner Staff

Magnacon reveals surprises for Flanagan and partners

The Magnacon gold project near Wawa in northeastern Ontario continues to surprise, the vice- president of Flanagan McAdam Resources said at the company’s annual meeting. J. T. Flanagan, who is also pr…


COATS Trading Features (December 21, 1987)

Several new issues on the coats lists appear to be bucking the current downtrend. Strike Minerals, which was underwritten at 30 cents last month, was trading on good volume at 60 cents – 70 cents tod…


Editorial RATS, no firm commitment

There are an estimated 11,000 hectares of mine tailings in Canada, many leaking acidic water into the environment. The industry spends millions monitoring this very serious environmental problem and t…


Mid-North gold acquisition

A former producing gold property has been acquired by Mid- North Resources. Located near Snow Lake, Man., the property produced 52,849 oz gold between 1936-1940. Known as the Laguna mine, the operati…


Could one hole in Cranbrook, B.C. kill Red Dog?

To an untrained eye it’s an ordinary zigzag on a piece of paper filled with zigzagging lines. But to Paul Cartwright, a geophysicist whose company, Pacific Geophysical, conducted the Controlled Source…



Montreal Exchange Audrey boosts output

Starting and finishing the week in positive fashion, the Montreal Exchange is beginning to show more (though still relatively moderate) trading activity compared with recent weeks. The larger “senior”…


Chelsea’s Spotted Horse profitable in past month

The high grade gold mining operation of Chelsea Resources near Lewistown, Mont., has started to turn a profit, according to Fernando Nuflo-Moya, chairman. He confirms that “since the second week of No…


Golden Sitka takes over Alaska gold project

Funds raised in a public offering will be used by Golden Sitka Resources for a $2 million(US) exploration and development program on its Chichagof and Hirst mine properties located 50 miles west of Si…


Vassan encouraged by drill results

Exciting preliminary drilling results have been reported by Vassan Inc. from 14 holes at the company’s Vassan gold property located near Val d’Or, Que., north of the old Siscoe mine. Among the better …


Royex, Galveston deal

Another paper shuffle within the Royex Gold Mining group has resulted in a 13.36% interest in Royex Gold being sold to Galveston Resources. Consideration for the deal is Galveston’s 1.13 million PezCo…


Supreme Court defers decision on Lac-Corona

A decision on whether to grant Lac Minerals the right to appeal earlier court rulings awarding ownership of the Williams gold mine in the Hemlo area of northern Ontario to International Corona Resourc…


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