Correction (October 03, 1988)
Contrary to what appeared in The Northern Miner Sept 26, QPX Minerals’ QR deposit has reserves of one million tons at 0.2 oz gold per ton.
News
How Newmont tries to balance financing, risk-taking
From an address to the Financial Times World Gold Conference by Gordon R. Parker, chairman, president and chief executive officer of Newmont Mining Corporation. To talk about financing companies is to…
Canamax’s third mine Kremzar produces its first gold
There’s a lot riding on the Kremzar gold mine 20 miles northeast of here. Not only does Canamax Resources (TSE) expect the mine to be the company’s main gold operation, it marks the first production f…
Bachelor Lake buys West. Prem. shares
Toronto-based Bachelor Lake Gold Mines (TSE) has completed the purchase of 750,000 escrowed common shares of Western Premium Resources (VSE), the company said recently. After securing a 100% interest …
Alberta Stock Exchange Investors stay away (October 03, 1988)
The summer doldrums have turned to fall slumbers as investors find less speculative ways to invest their savings. Even though gold climbed out of its recent freefall to close at $400(US) per oz, the e…
Cross-cuts STONE AGE STALLION
A horse head skeleton dug out of the Yukon’s rich archeological closet by a placer mining operation south of Dawson has officials at the National Museum of Natural Sciences in Ottawa elated. They now …
Kerr Addison and Minnova form joint venture
Kerr Addison Mines (TSE) and its subsidiary, Minnova Inc. (TSE) will form a joint venture to explore the 250,000 hectares of exploration property held by the two companies. The joint venture will be f…
Editorial Pre-election profligacy
Pre-election spending by the federal government has been compared to that of a drunken sailor on shore leave, but such a comparison is grossly unfair. It’s likely to give drunken sailors a bad name. …
Canadians search in secret for first diamond producer
It has been likened to buying a billion dollar lottery ticket — the odds are sky high but the rewards could be just as rich. Even though the history of diamond exploration in this country doesn’t sup…
50 Years Ago THE NORTHERN MINER OCTOBER, 1938 `HARDROCK’ BILL
There has been a lot of discussion in the past concerning who made the first gold discoveries in the Little Long Lac area. The Northern Miner has been fortunate enough to run across evidence, hitherto…
Eastfield drilling yields high grade
A 7,000-ft drill program has been completed on Eastfield Resources, (VSE) Indata project north of Fort St. James, B.C. Quartz sulphides were encountered in 20 out of 23 holes one of which (No 88-1-11)…
Profile JACK-OF-ALL-TRADES
St Andrew Goldfields’ Stock Township gold property has everything a fledgling mining company could want. Gold mineralization that looks mineable. A shaft to access the deposit. A mill that with each p…