Raymor stripping its Amos property
An access road is being completed by Raymor Resources to the company’ s gold property near Amos, Que. Once completed, the road will enable the transport of heavy equipment required for a stripping and…
Articles by Northern Miner Staff
Letters to the Editor: Flow-through fate
I am writing to express my concern over the headline “Ottawa may scrap flow-through shares,” on the front page of the Sept 29 issue of The Northern Miner. The headline expressed a negative view which …
After absence from mining, Moneta Porcupine is back
Better known as a small oil and gas explorer during the early 1980s, Moneta Porcupine Mines has returned to the business it began with in 1910 — gold mining and exploration. Armed with new management…
Dome drilling on Melrose prospect
Dome Exploration has started drilling on Melrose Resources’ Blackstock Twp. property 30 miles southeast of Timmins. To date about 14,000 ft of drilling has been completed in 17 holes to test magnetic …
Balance sheet woes spark Denison to sell L.O.C.
With a balance sheet hurting from the effects of the tumbling price of oil, Denison Mines is, in the words of one Bay Street analyst, “taking a step in the right direction” towards trying to mend it. …
Vancouver Stock Exchange: B.C. election slows market pace
Wednesday close, Oct 22 Election jitters have slowed market activity in Vancouver as voters ch ose between a free enterprise government and a socialist one. By noon, the market was moderately active …
More high grade values at Westmin’s Silbak bet
Westmin Resources has received more encouragement from its Silbak Premier property near Stewart, B.C. Some additional high grade intersections have been reported from the Glory Hole area and all the v…
Montreal Exchange: Massval still active
Wednesday close, Oct 22 Plans to consolidate Massval Mining’s stock on a 3-for-1 basis doesn’t seem to have dampened interest in the rekindled issue. The price for the previously quiet company hasn’…
The common shares and warrants of Cogesco Mining Resources were
trading on The Toronto Stock Exchange at the opening on Oct 17 under the symbol COJ for the common shares and COJ.WT.B for the warrants. The company, whose president is Stuart Lee, has its head office…
High grade PGM results for Technigen
Preliminary exploration work on Technigen Platinum Corp.’s Muskox property in the Northwest Territories has led to the discovery of two high grade platinum-palladium occurrences. Equinox Resources, th…
Chesbar needs 500,000 tons
Chesbar Resources has started underground work on Murgold Resources’ Chester Twp. property in Ontario’s Swayze area with the objective of proving up 500,000 tons of ore by year-end grading 0.30 oz gol…
Seabright issue gets exchange approval
A private offering of Seabright Resources flow-through shares has been approved by the Toronto and Montreal exchanges, the company says. Based on a minimum offering of 100 units and a maximum offering…