Noxe busy at Laonil
A diamond drill program has been started by Noxe Resource Corp. on the company’s Laonil Lake property in northern Saskatchewan. The 2,600-ft program is testing targets near the Laonil Lake shear zone,…
Articles by Northern Miner Staff
Better times for tantalum
A symposium on the extraction, working and applications of tantalum and niobium is being planned for the fall of 1988, the Tantalum- Niobium International Study Centre reports. The tantalum industry, …
Noble Peak drill results encourage at Weasel play
Positive drill results have been received by Noble Peak Resources from the company’s Sandhill- Weasel sector of the Happy Lake project, shareholders learned at the company’s annual meeting. The projec…
Greenland deposit excites Danish firm
Danish firm Carl Nielsen reports two years of field and laboratory work has proven up more than three million tons of ore in a zirconium- rare earth elements deposit in southwest Greenland. The compan…
Nevada Goldfields opens another U.S. gold mine
Milling started in mid-November at Nevada Goldfields’ Aurora gold mine, located in the Aurora mining district in Mineral Cty., Nev. The Aurora open pit and underground mine (not to be confused with a …
Granges, MacMillan expanding ore zone at Mishibishu Lake
In-fill and zone extension drilling continue to encounter mining- width, ore grade mineralization at the Granges Exploration-MacMillan Energy Mishibishu Lake gold project in northwestern Ontario, the …
Cusac joins Gulf Titanium in Montana gold-silver project
With Cusac Industries as a partner, it’s all systems go on the $3.l-million development of Gulf Titanium’s Cruse Belmont gold-silver project near Helena, Mont. Cusac is paying $1 million(US) to earn a…
Market crash hurting junior resource equity finance opportunities
The stock market crash last October has affected junior mining companies in more ways than just knocking down share prices by an average of 40%. Black Monday, which witnessed the largest one-day colla…
Metal Prices FUTURES PRICES (December 14, 1987)
N.Y. Commodities Exchange Week’s High Low Close Change COPPER (in US cents per lb.) Dec 121.50 119.40 120.60 + 0.65 Jan 114.80 114.80 115.60 — Mar 10…
People (December 14, 1987)
Interstrat Tesources inc. — James M. Carter appointed president and chief executive officer succeeding Ted Everett.
Gold production up at Audrey’s Mobrun
Audrey Resources says that with underground production under way at its Mobrun polymetallic mine near Rouyn-Noranda, Que., gold production increased substantially there during November. According to A…
Chesbar uncovers high gold values
High gold values continue to be uncovered in the No 1 raise being driven from the 200-ft level on the No 3 vein at the Chester Twp. prospect in northern Ontario, Chesbar Resources reports. Chesbar, wh…