Bradner set to drill promising Nevada Bet
After having uncovered sections of mineralization grading as high as 0.14 oz gold per ton within a large zone of silicification, Bradner Resources (VSE) says it will conduct a 5,000-ft reverse circula…
News
Varna reports results from Baie Verte claims
Some very encouraging drill results have been reported by Varna Gold (VSE) from its Mings Bight property on the Baie Verte Peninsula in Newfoundland. Three separate mineralized horizons have been outl…
Proxy battle at Massive meeting
The board of directors for Massive Resources (TSE) got a surprise at the company’s annual meeting recently in Toronto. President John Sadowski intended to announce at the meeting that he was negotiati…
Lyon Lake has accessed drift at former Mosquito gold mine
A public financing of $8.1 million has been arranged by Lyon Lake Mines (ME) to fund exploration at the company’s Belleterre and Mosquito gold properties. After spending $4.5 million to explore the tw…
Editorial Does Manitoba need Inspiration?
Unfortunately, Canada’s policy of contributing public funds to smelter modernization programs nation-wide appears to have run smack into a conflict with our foreign policy with regards to apartheid in…
Letters to the Editor $300 M. pipeline to Vancouver Isle
The federal government has announced its participation in a $300-million pipeline to Vancouver Island. In its support of the coal mining industry (editorial Aug 1) The Northern Miner should comment on…
Workshop on scientific drilling
A 2-day workshop sponsored by the Canadian Continental drilling program and the Geological Survey of Canada will be held on Nov 23 – 24, in Building 3, Observatory Crescent, Ottawa, to stimulate discu…
COATS Trading Features (October 10, 1988)
Hectic over-the-counter trading in a non-mining issue startled the COATS market this week, with Air Canada’s costly $12 million public debut shaking the lethargy. Floated at $8 a share with a nudge fr…
Montreal Exchange Mining issues gain (October 10, 1988)
In a week in which nickel companies and the price of gold, which continues to ride under $400(US) per oz, shared the news spotlight, trading on the ME surged forward, with the market portfolio gaining…
Moderate gold/arsenic values found at Durga Res. property
Calgary-based Durga Resources (ASE) has encountered anomalous gold and arsenic values over a large area at its Ban claims in the Northwest Territories. The Ban claims are adjacent to Echo Bay Mines’ (…
The gold price — a mining perspective
If mining companies are to maintain their vitality and provide increased value for their investors, ore reserves must be continuously replaced at a rate greater than they are depleted by mining. Put b…
Metal Prices (October 10, 1988)
FREE MARKET London Metal Exchange Spot closing prices in Pound Sterling per tonne, except zinc and nickel ($US per tonne) Date Oct 4 Oct 3 Sept 30 Sept 29 Sept 28 Copper 1535…