Letters to the Editor Harry Oakes
Regarding Harry Oakes, referred to in a page 1 story in the Dec 1 issue of The Northern Miner, titled Mining’s unique practices questioned at Lac appeal. He was not murdered in Bermuda. He was murdere…
News
Siscoe takes control of Barrick
A share exchange agreement, subject to shareholders’ approval, will transfer control of American Barrick Resources to United Siscoe Mines, a former Barrick subsidiary. Three companies are tratransfer …
Galactic gold output is less than expected
Galactic Resources says 42,000 oz of gold was produced from the company’s Summitville project in Colorado by mid-November. Production started June 5 and Galactic says a profit of $522,073 was posted f…
Equinox deal on Nev. mine looks like an asutute move
The totally leveraged purchase by Equinox Resources of a 23.6% interest in Cominco’s Buckhorn mine property in Nevada has proven to be an astute move. Purchased for $1.7 million(US) the property is ex…
Barrick buys into Cons Gold
Precocious American Barrick Resources, already a darling of North American gold stock investors and not yet three years old, has boldly grabbed a substantial stake in Consolidated Gold Fields. Barri…
Cambior options Siscoe property from Maufort
Cambior has taken an option on Ressources Maufort’s Siscoe property in northwestern Quebec’s Val d’Or area. Cambior, which will act as operator on the project, can earn a 50% interest by completing tw…
Coxheath shares up on drilling news
Drilling on its Beaverdam property may be the reason behind the recent market activity in Alberta- listed Coxheath Gold Holdings Co. President Michael Riddell says gold-bearing zones have been interse…
Gordex adds to pit’s potential at Cape Spencer
Results from the first seven holes of a 29-hole drill program on Gordex Minerals’ Cape Spencer heap leach gold mine property in New Brunswick indicate good potential for increasing open pit ore reserv…
United Reef pulls platinum values at Nickel Offsets
Samples taken from the nickel- copper Nickel Offsets property by United Reef Petroleum are yielding platinum group metal (pgm) values as well as gold values. Among the samples taken from the mine dump…
Atlantic Report Exploration disappointing in N.B.
Consulting geologist Peter M. Dimmell, president of the New Brunswic k Prospectors and Developers Association, is disappointed with the current state of minerals exploration in that province. “If it w…
New zone holds promise Three drills, 30,000 ft program Storimin-
Two new gold zones have been encountered by Storimin Exploration on its joint venture with Tandem Resources at Moss Lake, 70 miles west of Thunder Bay in northwestern Ontario. Thirty holes totalling 1…
SherrGold dividend
A stock dividend has been declared by the board of directors of SherrGold Inc. Equivalent to 10.5 cents per share, the dividend will be payable on common shares of SherrGold based on a price per shar…