Ontario paves way for base metals exploration
Hosting one of the biggest volcanogenic massive sulphide deposits (Kidd Creek) in the country, Ontario is hoping base metals exploration will pick up after a presentation at a recent mines and mineral…
News
LAC banks proceeds from Stillwater sale
Proceeds of $48 million(C) accruing to LAC Minerals (TSE) from the sale of its one-third interest in the Stillwater platinum-palladium mine in Montana have not been earmarked for any particular corpor…
Nickel prices skyrocket while platinum plummets
An unusual double-peak in the current metals price cycle is being experienced by nickel, with the cash price of the metal at presstime hitting $9.16(US) per lb (with a 3- month price of $8.12) on the …
Query Brewis Red Lake revived as cosmetics distributor
I have a stock certificate for 500 shares of Brewis Red Lake Mines Ltd., purchased in 1945. I am trying to find out if this mine is still operating, and if so, what name it is now under. Christine Hum…
Letter to the Editor Central Crude uneconomic widths
As a subscriber of The Northern Miner and a shareholder of Central Crude Ltd. I must question the integrity of the writer and your paper regarding the final comment referring to “uneconomic widths” “N…
VSE tightens listing requirements
Companies seeking a listing on the Vancouver Stock Exchan ge will now have to meet tougher original listing requirements, particularly for the financing of non-natural resource ventures. The new requi…
U.S. REPORT Gold Texas completes Buckhorn drill program
Gold Texas Resources (VSE) reports significant drill results have been obtained from its 4,100-acre Buckhorn project located in Washington state. The property, owned jointly by Gold Texas and Crown Re…
Montreal Exchange Livelier trading days
A relatively quiet market of late gave way to holiday-jitters during the report period, with investors in a more upbeat mood and Inco Ltd. reminding everybody what “heavy” trading is all about. On the…
Lenders balk at Sceptre bid to acquire ailing Oakwood
Calgary-based Sceptre Resources (TSE) is still waiting for approval from a number of creditors before going ahead with its plan to acquire the assets of debt ridden Oakwood Petroleums (TSE) Sceptre mu…
Moss-Power group drilling gold bets
The Moss-Power group of companies will have at least five drills busy this winter on four of its gold properties in northwestern Ontario, says Harry Hodge, president of Moss Resources (ASE) and Power …
Can-Mac, Glen Auden assay results
Encouraging surface gold showings have been assayed by partners Can-Mac Exploration (VSE) and Glen Auden Resources (TSE) on their Topboot Lake property south of Timmins, Ont. Located in the Swayze are…
Northgate earnings
Northgate Exploration (TSE) of Toronto reports net income for the 3-month period ended Sept 30, of $216,000 or 1 per share on revenue of $5.1 million. For the same quarter a year earlier the company …