Articles by Northern Miner Staff

High grade gold for Levon Resources

Still more encouraging assays have been received from the Howard tunnel under development on Levon Resources’ Congress gold property, near Gold Bridge, B.C., the company says. It reports high grade go…


McChip seeks interest in Noranda Expl. bet

McChip Resources says it has a letter of agreement with Noranda Exploration which would give McChip the option to earn up to 50% of Noranda’s interest in a group of claims in Stock, German and Maklem …





ORE HORIZONS A Jurassic Epithermal Gold Area

Located some 300 km north of Smithers, B.C., the Toodoggone precious metals area awaits its inevitable development. Over the next couple of years, several development projects may be undertaken in the…


EXPLORATION ’87 BELMORAL

The $15 million Belmoral Mines will spend on exploration in 1987 is about evenly divided between its Val d’Or and Timmins camps. The strategic exploration plan calls for the company to solidify existi…


Sunmist flow-through

A $540,000 flow-through share financing has been completed by Sunmist Energy. An additional $600,000 is being negotiated, which if raised, will provide a total of $1.1 million for exploration of the c…


Think Innovation

A recent policy decision by the federal government states an intention to reduce R&D spending on mining- related projects. This means mining companies will be forced to finance the lion’s share of any…


Running a Risk

Arriving at a fair value for a mineral property depends very much on how you perceive the risks. Mining companies, large and small, frequently seek outside financing of new mineral properties and they…


CORE SHACK Scotian Gold: The Beaver Dam Deposit

Beaver Dam, a gold-bearing quartz vein system within sedimentary rocks of the Meguma Group, 82 km north east of Halifax, N.S., contains proven and possible ore reserves of 2.7 million tonnes grading 9…


Funding in place for milling plant

A private placement for McFinley Red Lake Mines of 600,000 shares worth $1.8 million for construction of a milling plant and to provide working capital has been completed, Kleinwort Grieveson Securiti…


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