Canamax drops Glimmer claims
Canamax Resources (TSE) has terminated its option on a gold property held by Glimmer Resources (VSE). Following the completion of a $450,000 exploration program, which included 17 diamond drill holes,…
News
Yukon busy at ex-producer in Slocan mining district
Exploration of the old underground workings at Yukon Minerals’ (ASE) Senator gold/silver claims near Slocan, B.C. is scheduled to begin almost immediately, the company said recently. Located 8 km sout…
MacDonald Mines regains shares in Gallen mine
A group of shareholders representing more than 10% of the issued shares of COATS-listed MacDonald Mines is trying to breathe new life into the mining company. At a recent meeting in Montreal, the comp…
Queries How to read stock tables and warrants
We just received our first issue of The Northern Miner and enjoy it very much. As president of an investment club here in Tokyo, I would like to have some information on how to read your stock tables….
News in Brief (September 05, 1988)
Belmoral Mines (TSE) says it has obtained $2 million in flow-through financing from CMP 1988 Resources Partnership and Company. The funds were obtained in consideration of Belmoral common shares at $2…
Lytton’s amalgamation deal with Kiskaya Minerals Corp
Shareholders of Lytton Minerals (TSE) approved the amalgamation of the company with Kiskaya Minerals, a private company. The deal will see control of Lytton pass to Kiskaya shareholders, who will be r…
Editor’s note
I have subscribed to your paper for more than 25 years and have always eagerly read it, but was I ever astounded and disgusted to see in your Aug 15th issue the sole “Letter to the Editor” headed `Mad…
Queries Canada Radium Corp.
While looking around in my father’s attic recently, I found a copy of a 1959 share certificate for 100 shares of Canada Radium Corp. I’m 99% sure that the shares are worthless but I’m curious as to th…
Newmont’s Carlin output could rival South Africa
Predictions that the Carlin gold belt of here could eventually rival South Africa as a gold producer can’t be discounted given the reserves found there by companies like Newmont Gold Company. As The N…
Magnacon shows-gold bearing veins
Surface exploration of the east Magnacon property, located west of Wawa, Ont., has unearthed several rich gold showings, partners Flanagan McAdam Resources (TSE), Muscocho Exlorations (TSE) and Windar…
Vancouver Stock Exchange Still slow and sluggish
Patience has become a real (but unwelcome) virtue among Vancouver brokers these days. Placing bets as to exactly when this long-running (since Oct ’87) bear market will end has become a popular pastim…
McAdam Resources aims to be back in business soon
Back in June of this year, McAdam Resources (TSE) discovered that a surface crown pillar over an old, mined-out stope at its McWatters property near here was only about 7 ft thick. Worse still, it fou…