News

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…


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. …



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’…



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…


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