Hit the Jackpot
A large group of miners from Inco’s Frood mine in the Sudbury district of Ontario last week came up with the right number combination in the big Lotto 6/49 lottery, to win $1,600,000. The 58 people in…
News
Louvem earnings (November 30, 1987)
Louvem Mines reports net earnings of $1.1 million on revenues of $7.1 million for the 6-month period ending Sept 30, compared with earnings of $109,000 on revenues of $7.9 million for the same period …
Goldpost shares
Goldpost Resources reports it intends to purchase through a normal course issuer bid up to 100,000 of its common shares representing about 2% of its issued and outstanding capital stock.
Correction (November 30, 1987)
American Barrick Resources reported net income of $17.7 million for the first nine months of 1987. The Northern Miner printed an incorrect figure in the Nov 23 issue.
People (November 30, 1987)
Golden North Resource Corp. — Paul A. Carroll appointed director.
Northern Miner publisher speaks at annual banquet
M. R. Brown, publisher of The Northern Miner, will be the after- dinner speaker at the Toronto Geological Discussion Group’s annual Christmas banquet this year. Brown, whose career in mining dates bac…
Pamour may lose a parent, adopt a mine
It may be too early in the game to call it a battle, but the action appears to be warming up on the shareholder front at Dickenson Mines, where Pamour Inc. has purchased a 9.9% stake. At the same time…
Master shareholders asked to bless sale of 5,300,000 shares
Shareholders of vse-listed Master Resources & Developments will be asked to vote Dec 8 on whether or not to allow management to sell some 5.3 million unissued shares that sit in the company’s treasury…
Letter to editor Coxheath omitted
I was disappointed to note in your article about Gold fever in Canada (N.M., Nov 16/87) that our company, Coxheath Gold Holdings, was not included as a major player on the Nova Scotia gold scene. With…
LETTERS TO THE EDITOR “Disgusting letter”
I have read some disgusting letters to the editor but the one to your paper from David Somerville (N.M., Nov 9/87) takes the cake. Big unions against free trade, especially Bob White, he says. I am ag…
Faraway slates further drilling on B.C. claims
Additional drilling is slated in l988 on Faraway Gold Mines’ Sam claim group near Equity Silver’s mine southeast of Houston, B.C. Preliminary results from a $500,000 program carried out this year, in…
Hector completes drilling B.C. gold/ silver claims
A 2,000-ft drill program on Hector Resources’ gold claims in the Iskut River area of northwestern B.C. has produced encouraging gold assays. Hector has a 100% interest in the claim group, which adjoin…