Moss’s Pickle bet optioned to Placer
An agreement in principle has been signed between Moss Resources and Placer Dome Inc., concerning the Fault Creek property near Pickle Lake, Ont. The claims, which are owned 60% by Moss and 40% by Can…
Articles by Northern Miner Staff
Big increase in revenue spurs profit for Pegasus
Among gold producers reporting much higher profits this quarter is Pegasus Gold. The company recorded net earnings of $4.3 million(US) for the quarter ended June 30, compared to $1.5 million a year ag…
Gulf Titanium feasibility study
A feasibility report has been received by Gulf Titanium for its Cruse Belmont property in Montana. The report recommends taking the high grade gold property into production next spring at 200 tons per…
Editorial Fun and games at the TIP TOP
Although it is easy to knock the government for all the crazy mistakes it makes, we’re tempted to bury the axe (for a moment, anyway) and tip our hardhats to Ottawa for its recent pragmatic initiative…
Getty, Noranda to go underground at Tundra
A $25-million underground exploration program has been proposed for the Tundra gold project by partners Noranda Exploration (51%) and Getty Resources (49%). Located in the N.W.T., the Tundra deposit, …
Mingold, Range in $3m. venture
An agreement has been completed between Golden Range Resources and Mingold Resources, a 100%-owned affiliate of Inspiration Resources Corp. and Minorco Canada. Under the terms of the deal, Golden Rang…
COATS Trading Features (September 21, 1987)
Louvicourt Goldfields was weaker this week, trading at 63 cents -68 cents . Last week, the issue was up to 80 cents on news that Ronrico Explorations plans to reopen Louvicourt’s shutdown mine proper…
BIOMINET meeting
Biominet, the federal government’s network, responsible for facilitating the exchange of information on biotechnology as it relates to the mining industry, will hold its fourth annual meeting Nov 4 at…
Bay/Jilbey expanding ore position on Fontana bet (September 21, 1987)
Latest exploration results from the Fontana property near Amos, Que., held jointly by Bay Resources & Services (75%) and Jilbey Industries (25%), indicate an expanding ore situation, which looks even …
Toronto Stock Exchange Market suffering bout of directionless
A natural bout of directionless trading appears to have taken hold of the Toronto Stock Exchange as most indices remained relatively unchanged from last week. The tse composite drifted down 13 pts tod…
Yukon Chamber mining school
The British Columbia and Yukon Chamber of Mines will hold its 69th annual prospecting and mining school in Vancouver again this year. Classes begin Tuesday, Sept 15, and run Tuesday and Thursday eveni…
Bitech funded for exploration work
A $125,000 working capital loan has been arranged by Bitech Energy Resources. The loan was provided by D.C.C. Equities. Exploration funding for the year will come from two placements of flow-through s…