Acquisitor, Stabell pleased by drilling
Further assays from the Vein No 5 area of the Dubuisson gold property at Val d’Or, Que., have been released by Acquisitor Mines (VSE) and joint venture partner Stabell Resources (ME). Hole RS-213, dri…
News
Duration regains Theresa property
Following a period of uncertainty, ownership of the Theresa gold property near Longlac, Ont., has finally been regained by Duration Mines (TSE). “The return of the Theresa property ends a particularly…
Hycroft to mix ore from two Nevada mines
Ongoing negotiations have finally culminated in an agreement that will give Hycroft Resources & Development Corp. (VSE) and its U.S. subsidiaries the right to blend ore from the Lewis mine with ore fr…
Aurogin begins diamond search
Following the signing of an option agreement with Morrison Minerals (COATS) last month, Aurogin Resources (VSE) is now set to join the search for diamonds in Canada. Aurogin has an option to earn a 50…
CIM dinner
If the Soviet Union and China are transformed into market based economies, the upsurge in international trade and growth in living standards could rival the expansion experienced in the West following…
Goldfunds (January 23, 1989)
Gold funds as of Jan. 17 BGR Goldcorp Central MVP Capital Net value $11.99 8.77 6.74 0.86 Price $ 9.00 5.625 5.7…
Noranda to earn 51% stake in Durga’s Allan Lake bet
Noranda Exploration has agreed to earn a 51% stake in Allan Lake gold and zinc properties which were acquired recently by Durga Resources (ASE) from Jasi Nikhanj for $500,000. Nikhanj is president of …
Platinum mining a growth area for Canada
While Canada’s reputation as a gold producer is well established around the world, the country has a long way to go before its primary platinum mining is taken seriously. Making this point in a recent…
Editorial Newmont’s Canadian connection
Newmont Mining’s involvement in the Canadian mining scene has been a long and illustrious one. The Northern Miner first reported the company’s Canadian presence in 1928 when we said the company’s st…
Letter to the Editor LAC only just starting along the 04 Break
I am not too impressed by Peter Kennedy’s piece, “Jury still out as LAC drifts onto Kirkland property” (N.M., Jan 9/89), which seems to be riddled with careless errors: The 04 Break has been displaced…
Nova-Cogesco board backs takeover bid
Acting on the report of an independent directors committee, the board of directors of Nova-Cogesco Resources (TSE) is recommending shareholders accept a takeover bid by Cambior Inc. (TSE) for all of …
Nuinsco to raise $1 M for Cameron program
Nuinsco Resources (TSE) has reached an agreement to finance renewed exploration at the Cameron Lake gold property in northwestern Ontario. Under an agreement with Middlefield Resources fund 1988, Nuin…