ATLANTIC REPORT Noranda hits significant values
Noranda Exploration continues to be active in the Atlantic provinces. On its Tally Pond-Duck Pond project in central Newfoundland the company has intersected significant precious and base metal values…
Articles by Northern Miner Staff
New gravel road to access Canamax and Magino mines
Construction of a 14-km all- weather commuter road, linking two new mine sites in the Goudreau-Lochalsh area near Wawa, Ont., is scheduled to begin later this year. While construction rests on the res…
Northair fends off hostile takeover bid
As anticipated, Northair Mines successfully defended a hostile takeover bid by Nanaimo-based Nor-Quest Resources. At the annual meeting a relieved Northair President Donald A. McLeod announced almost …
owl Creek, Hoyle Pond are attracting interest
There’s been a lot of potential buyer interest since it was reported that Falconbridge Ltd. was considering selling off its Owl Creek and Hoyle Pond gold mines at Timmins, Ont., according to Falconbri…
NSR helps finance exploration work on Rand Malartic
Toronto-based NSR Resources has obtained regulatory and shareholder approval to finance about half of a $4.4-million exploration program at the Rand Malartic property in Quebec. The balance of the fun…
Energy ups holdings adjoining Owl Creek
Energy International Overseas Corp. has now acquired 16 contiguous claims in the Timmins area adjoining Falconbridge’s Hoyle Pond and Owl Creek gold mines on the north, Geo. S. White, president, advis…
Construction work gets under way at Ketza River
Construction work has started on the Ketza River project of Canamax Resources and Pacific Trans Ocean Resources. Camp facilities are being installed, clearing of the mill site is under way, and road a…
Golden Pacific takes on B.C. bets
Golden Pacific Resources says it has an agreement in principle with a B.C. company to acquire a 51% interest in a 50-claim block in the Caribou mining division of B.C. It adds it has also purchased th…
Westar gets okay for Falcon bet
Westar Mining has been given Stage 1 approval-in-principle for the proposed Falcon development at its Greenhills coal project in B.C.’s Elk Valley. The announcement was made jointly by Energy, Mines a…
Metal Prices FREE MARKET Spot Gold, Silver, Platinum and Palladium (July 13, 1987)
Gold London Bullion Dealers afternoon (morning) $US per oz. Date July 7 July 6 July 3 July 2 July 1 444.50(444.80) 443.35(443.10) 444.10(443.00) 446.25(447.40) 447.75(445.75) …
Encouraging results for Can America
Can America Precious Metals says it has completed a first-tier 2,500-ft shallow drill program on the E zone at its Manitou Lakes property in northwestern Ontario. The company says the average depth of…
Steps toward Magino start taken by McNellen, Muscocho
McNellen Resources and Muscocho Explorations report they will jointly finance and install a test- milling facility at their Magino gold property near Wawa, Ont., at a cost of about $5 million. The mov…