Springlake option in B.C.
Springlake Resources has acquired a 50% interest in a property in the Revelstoke area of B.C. The interest was sold by Albury Resources. Located in the Camborne mining camp, the area produced 17,487 o…
Articles by Northern Miner Staff
News in Brief (November 30, 1987)
Concept Resources has changed its name to Skyline Natural Resources Ltd. (sku:ase) on the basis of 1 new Class A share for 1 common share. .N ** News in Brief ** Lansdowne Oi…
Toronto Stock Exchange Market responds to offshore interest rate
A round of interest rate cuts by West Germany, The Netherlands and France had the desired short- term effect of bolstering the bloodied U.S. dollar. Markets everywhere responded with modest enthusiam….
Orofino’s Scadding back in production
Milling operations have resumed at Orofino Resources’ Scadding mill near Sudbury, Ont. The operation was suspended on Oct 14 due to a damaged ball mill. A replacement unit has been installed and tuned…
St Joe drills off reserves on Kenora P & M property
Two quiet years of exploration by St. Joe Gold have resulted in another gold deposit for the company. An 18,440-m drill program has been completed on the company’s Shoal Lake property held under optio…
Nor-Quest high grade
Underground drilling by Nor- Quest Resources on the company’s Arizona gold property has outlined a high grade vein. Two stopes at the mine have advanced for 200 ft in vein material grading 0.54 oz acr…
American Pacific takes over Honduras mine
The El Mochito silver-lead-zinc mine in Honduras is back in production after a recent takeover by American Pacific Mining (formerly Westbridge Resources). American Pacific purchased the mine, along wi…
Oz and Farboro option property
Two Quebec-based firms, Oz Exploration and Farboro Resources, have jointly obtained an option to acquire a 100% interest in property in Elmhirst Twp., in northwestern Ontario’s Thunder Bay mining divi…
Cons TVX to buy interests in Chile
An agreement has been signed which will give Consolidated TVX Mining Corp. a 49% interest in mining concessions in Chile. The concessions include the La Coipa gold- silver property which was explored …
Underground plans on schedule for producing Audrey Resources
The recent rise in copper prices couldn’t have come at a better time for Audrey Resources, which recently started producing underground at its Mobrun polymetallic mine in northwestern Quebec. The comp…
Minnova completes B.C. drilling
Minnova Inc. recently completed approximately 4,000 ft of drilling on International Maggie Mines’ Indian River property near Squamish, B.C. The drilling defined two mineralized exhalite horizons withi…
Board change at Zahavy
The completion of effective control of Zahavy Mines was carried out by Noramco Mining Corp. The old board of Peter George, president, A. J. Lewis, general manager and R. G. Lewis, secretary-treasurer,…