Silverside, Proteus amend amalgamation
Toronto-based companies Silverside Resources (TSE) and Proteus Resources (VSE) have agreed to amend the share exchange ratio of their proposed amalgamation. Under the previous agreement, the conversio…
News
Correction (April 17, 1989)
Contrary to what was reported in The Northern Miner recently, Octan Resources’ (ASE) Norex property in the Northwest Territories is thought to host 850 tons of material at an average grade of 250 oz s…
Quebec nickel play fueled by mystery
At last count, 24 junior companies had acquired properties in the Lac St. Jean area of Quebec, where a new base metal discovery is generating plenty of action. Since no drilling has yet been done, a g…
Quartz Mountain study continues
By the second quarter of 1989, partners Quartz Mountain Gold (TSE) and Galactic Resources (TSE) expect to have completed a feasibility study on the disseminated oxide portion of the Quartz Mountain go…
Pass Lake initiates acquisition program
After putting together a 110-sq-mile land position in the Galore Creek camp in northwestern British Columbia, Pass Lake Resources (VSE) has teamed up with Golden Sitka Resources (VSE) to carry out a n…
South American says work proceeding on 3 Guyana gold projects
Follow-up exploration programs are in progress on three gold properties in Guyana, South American Goldfields (COATS) says. Homestake International Minerals, the project operator, is S. A. Goldfields j…
Open pit mine studied for Big Hurrah
The first draft of a mine feasibility study nearing completion on the Big Hurrah gold project has Valhalla Gold Group Corp. (VSE) discussing project financing with investment firms and senior mining c…
Novagold could produce copper at Murray Brook
Halifax-based Novagold Resources’ (TSE) is evaluating the possibility of mining a copper zone on its Murray Brook property in New Brunswick. A diamond drilling program is currently under way and a tot…
Windarra reports La Ronge results
A winter drill program on the Preview Lake property in Saskatchewan’s LaRonge gold belt has intersected significant gold mineralization in the Bakos zone, reports joint venture partner Windarra Minera…
Armistice drilling Sheldon, Kerr zones
A 35,000-ft underground exploration drilling program to expand the Sheldon zone and test the Kerr zone has been started by Armistice Resources (ME) at the company’s Virginiatown gold property in north…
Greater Lenora, RJK busy in Saskatchewan
Joint venture partners Greater Lenora Resources (TSE) and RJK Mineral Corp. (ASE) say they are studying the possibility of selective mining of high grade gold zones at their Beaverlodge property in n…
Val d’Or, Abcourt deal
An agreement between Val d’Or Resources (ME) and Abcourt Mines (ME) concerning the Vendome zinc-gold deposit has been renegotiated. Located near Val d’Or, Que., the Vendome deposit hosts reserves of 3…