Mahogany assays from Fork Lake David D.
Initial drill results have been received from Mahogany Minerals Resources’ Fork Lake project in the La Ronge area of northern Saskatchewan. Mahogany has a 19% carried interest in the discovery which i…
Articles by Northern Miner Staff
Glamis profit hurt by court decision
A lawsuit which went against Glamis Gold hurt the company’s bottom line for the fiscal year ended June 30. For the period, net earnings totalled $429,538 or 3 cents per share compared to earnings of …
Acadia options Mooseland to major U.S. mining company
A decision on whether or not to go ahead with mine planning and mining feasibility studies on the Mooseland gold property 45 miles northeast of Halifax, N.S., will be made no later than Jan 10, The No…
High grade raise blasted by Chesbar
Underground exploration on the Chester Twp. gold project near Gogama, Ont., is yielding high grade gold values, partners Chesbar Resources and Murgold Resources say. A drift on the 200-ft level averag…
Grange Gold and Asamera drilling U.S. gold bet
Joint venture partners Grange Gold Corp. and Asamera Inc. are undertaking a 5,000-ft underground drilling program at the Lovitt gold mine in Wenatchee, Wash. The companies are joint owners of the Lovi…
Brohm partner ensures future financing needs
The major shareholder of Brohm Resources’ Ventures Trident Partnership, says that it is committed to ensuring that financing is available to Brohm for continuation of construction at the Gilt Edge gol…
United Minerals explores newly aquired BC claims
Preliminary work is under way at Canadian United Minerals’ recently acquired Fireweed polymetallic prospect 10 km west of Noranda’s Bell mine in central B.C. Trenching and sampling, along with geologi…
Flow-through equips Power for Dryden area ventures
Toronto-based Power Explorations has added $3,103,325 to its treasury through a recent flow- through share issue and by exercising some Series A warrants, the company says. As a result, Power is fully…
Demand, low inventories send copper prices flying
When copper producers in the future look back at 1987, they will probably do so with some fondness. Steadily rising prices this year have seen the base metal touch $1.25(US) per lb on the London Metal…
Taywin completes drilling Electrum gold/silver bet
Encouraged by drill results at its Electrum gold- silver prospect on Vancouver Island, Taywin Resources is considering the possibility of direct shipping some of the high grade ore on the property. Pr…
Inco regains lead in world nickel market
The fruits of seven hard years of downsizing, restructuring and rationalization are finally being enjoyed by Inco Ltd. One of the most tangible benefits of the rationalization program has not only bee…
Messeguay probes property at depth
A drilling program at the Launay gold property in northwestern Quebec continues to investigate at depth, Messeguay Mines reports. The property is located about 25 miles northeast of Rouyn-Noranda and …